Stifel, Nicolaus & Company, Inc

CRD#793
Investment Advisor Firm

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Learn more about Stifel, Nicolaus & Company, Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Stifel, Nicolaus & Company, Inc is located at 501 N Broadway, Saint Louis, MO. The firm employs 3,027 financial advisors to manage client portfolios and provide financial guidance. Stifel, Nicolaus & Company, Inc is a registered broker-dealer.

    Stifel, Nicolaus & Company, Inc oversees $149.2 billion in assets under management across 348,524 accounts, of which 258,277 are discretionary and 90,247 are non-discretionary. Over the past year, the firm has provided financial planning services to between 1 and 10 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, and educational seminars. The firm caters to retail investors, high net worth investors, banking institutions, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, corporations, and other types of investors, with retail investors being the largest client type by accounts. The fee structure at Stifel, Nicolaus & Company, Inc includes asset-based, fixed, and commission-based fees. The firm has 55,911 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, banking or thrift institution, trust company, accountant or accounting firm, lawyer or law firm, insurance company or agency, and commodity pool advisor.

    Stifel, Nicolaus & Company, Inc is registered in the states of Alabama, Alaska, Arizona, Arkansas, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, California, Colorado, Hawaii, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wyoming, Wisconsin, Michigan, and Oklahoma.

    Assets Under Management

    $149.2 billion

    Number of Advisors

    3,027

    Disclosures

    No

    Office Location

    501 N Broadway
    Saint Louis, MO 63102

    Stifel, Nicolaus & Company, Inc by the Numbers

    Total Assets Under Management

    $149.2 billion

    National Average: $8.6 billion
    Total Number of Employees

    6,534

    National Average: 64
    Total Number of Accounts

    348,524

    National Average: 375,227
    Average Account Size

    $428.2 thousand

    National Average: $23.0 thousand
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    Products and Services

    Stifel, Nicolaus & Company, Inc offers multiple services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, and educational seminars. In the prior financial year, Stifel, Nicolaus & Company, Inc provided 45301 of its accounts with financial planning services. The Company does sell products or offer services other than investment advice to its clients.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Offered by 6% of firms

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Fees charged by financial advisors usually depend on which services are provided. Fees charged by Stifel, Nicolaus & Company, Inc can consist of some combination of the following fee types: asset-based, fixed, or commission-based. Wrap fee programs, or the practice of bundling services for a single fee, are provided by Stifel, Nicolaus & Company, Inc.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 1% of firms

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm works with a number of different clients. The firm caters to retail investors, high net worth investors, banking institutions, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, corporations, and other. Out of its 9 clients, Stifel, Nicolaus & Company, Inc's largest client type by number of accounts is high net worth investors, although it also caters to 55911 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 under management or a net worth of at least $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 26.39%
    • Other Individuals - 71.09%
    • Corporations - 1.89%
    • Charitable Organizations - 0.62%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Stifel, Nicolaus & Company, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Stifel, Nicolaus & Company, Inc

    John Thomas
    Saint Louis, MO
    Faisal Raza
    Dallas, TX
    Michelle Marks
    Louisville, KY
    John-Erik Anderson
    Bellevue, WA
    Eduardo Delgado
    Miami, FL
    Richard Niederhaus
    Morristown, NJ
    Paul Vidovich
    Greensboro, NC
    Lawrence Stater
    Santa Rosa, CA
    John Simmons
    Auburn, AL

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