Broker-dealer

Stifel Financial Earns Credit Upgrade

Retrieved on: 
Tuesday, April 2, 2024
Risk management, S&P Global Ratings, Eaton Partners, Broker-dealer, S&P, SF, Bookkeeping

ST. LOUIS, April 02, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that S&P Global Ratings (S&P) has raised its long-term rating on Stifel, reflecting sound credit and interest rate risk management.

Key Points: 
  • ST. LOUIS, April 02, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that S&P Global Ratings (S&P) has raised its long-term rating on Stifel, reflecting sound credit and interest rate risk management.
  • Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
  • Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.

Stifel Reports February 2024 Operating Data

Retrieved on: 
Thursday, March 28, 2024
Eaton Partners, Broker-dealer, SF

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.

Key Points: 
  • Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
  • Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.
  • To learn more about Stifel, please visit the Company’s website at www.stifel.com .

STIFEL TO ACQUIRE FINANCE 500 and CB RESOURCE

Retrieved on: 
Thursday, March 14, 2024
ERM, Risk management, FDIC, Strategic planning, Eaton Partners, CBR, Broker-dealer, SF, Keefe, Bruyette & Woods, Security (finance)

ST. LOUIS, March 14, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire Finance 500, Inc. (“Finance 500”) and CB Resource, Inc. (“CBR”).

Key Points: 
  • ST. LOUIS, March 14, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire Finance 500, Inc. (“Finance 500”) and CB Resource, Inc. (“CBR”).
  • Houlihan Lokey acted as exclusive financial advisor and Calfee, Halter & Griswold LLP acted as legal advisor to Finance 500 and CB Resource.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.
  • Finance 500, Inc. (“Finance 500”) is a brokerage and investment services provider focused on underwriting FDIC-insured Certificates of Deposits and fixed income securities trading.

Moving iMage Technologies (MiT) Announces Stock Repurchase Program and 10b5-1 Stock Trading Plan

Retrieved on: 
Monday, April 1, 2024
Entertainment, Technology, TV and Radio, Film & Motion Pictures, Audio, Video, Hardware, Broker-dealer, Share repurchase, Policy, Rule, Massachusetts Institute of Technology

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it has adopted a new share repurchase program to replace the Company’s previous $1.0 million share repurchase program that expired on March 23, 2024.

Key Points: 
  • Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it has adopted a new share repurchase program to replace the Company’s previous $1.0 million share repurchase program that expired on March 23, 2024.
  • The new share repurchase program authorizes the repurchase of up to $363,000 worth of shares and will expire at the earlier of June 30, 2024, or when the maximum dollar amount of shares is repurchased.
  • Through March 22, 2024, under the prior repurchase plan, the Company repurchased approximately 6.3% of the total shares outstanding for $637,000.
  • An independent U.S. broker-dealer is acting as the Company’s agent to purchase its shares on pre-arranged terms pursuant to the Rule 10b5-1 stock trading plan.

CHELSEA FINANCIAL SERVICES CELEBRATES ITS 25th ANNIVERSARY AS A NATIONAL FINANCIAL BROKER-DEALER

Retrieved on: 
Tuesday, March 26, 2024
Silver jubilee, Silver, Urban planner, Finance, Independent, Financial services, Registered, Adviser, Broker-dealer, FINRA, Financial adviser

STATEN ISLAND, N.Y., March 26, 2024 /PRNewswire-PRWeb/ -- Chelsea Financial Services celebrates its 25th anniversary in financial services as a national financial brokerage firm. Headquartered in New York City, NY, Chelsea Financial Services was founded in 1999 and provides financial services nationally as a FINRA-registered Broker-Dealer (BD).

Key Points: 
  • Chelsea Financial Services celebrates its 25th anniversary in financial services as a national brokerage firm.
  • Headquartered in New York City, NY, Chelsea Financial Services was founded in 1999 and provides financial services nationally as a FINRA-registered Broker-Dealer (BD).
  • STATEN ISLAND, N.Y., March 26, 2024 /PRNewswire-PRWeb/ -- Chelsea Financial Services celebrates its 25th anniversary in financial services as a national financial brokerage firm.
  • Headquartered in New York City, NY, Chelsea Financial Services was founded in 1999 and provides financial services nationally as a FINRA-registered Broker-Dealer (BD).

Madison Covered Call and Equity Strategy Fund (MCN) Declares Quarterly Dividend

Retrieved on: 
Friday, March 1, 2024
MAM, MIA, Fund, Science, Broker-dealer, Financial Industry Regulatory Authority, MCN, Security (finance)

MADISON, Wis., March 01, 2024 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the “Fund”) declares its quarterly dividend of $0.18/share.

Key Points: 
  • MADISON, Wis., March 01, 2024 (GLOBE NEWSWIRE) -- The Madison Covered Call and Equity Strategy Fund (NYSE:MCN) (the “Fund”) declares its quarterly dividend of $0.18/share.
  • Market action can impact dividend issuance as the Fund’s total assets affect the Fund’s future dividend prospects.
  • Neither the Fund nor Madison undertakes any obligation to publicly update or revise any forward-looking statements.
  • “Madison” and/or “Madison Investments” is the unifying tradename of Madison Investment Holdings, Inc., Madison Asset Management, LLC (“MAM”), and Madison Investment Advisors, LLC (“MIA”).

brooqLy, Inc enters into an Agreement with CIM Securities to raise up to $3,000,000 in Funding

Retrieved on: 
Wednesday, February 28, 2024
CIM, OTC, Common stock, Rule, Regulation D, FINRA, Commission, Broker-dealer, Security (finance)

PALOS HILLS, Ill., Feb. 28, 2024 (GLOBE NEWSWIRE) -- brooqLy, Inc (OTC: BRQL), an innovative technology company, reported today that it has entered into an engagement agreement with CIM Securities, LLC, a FINRA member broker-dealer as the Managing Placement Agent to raise up to $3,000,000 in a Regulation D, Rule 506(c) offering open only to verified accredited investors.

Key Points: 
  • PALOS HILLS, Ill., Feb. 28, 2024 (GLOBE NEWSWIRE) -- brooqLy, Inc (OTC: BRQL), an innovative technology company, reported today that it has entered into an engagement agreement with CIM Securities, LLC, a FINRA member broker-dealer as the Managing Placement Agent to raise up to $3,000,000 in a Regulation D, Rule 506(c) offering open only to verified accredited investors.
  • The shares of Common Stock sold in this Offering will not be registered under the Securities Act of 1933, as amended, in reliance upon an exemption from securities registration afforded by the provisions of Regulation D, and Rule 506(c), as promulgated by the Commission under the Securities Act.
  • Regulation D Rule 506(c) is for accredited investors only.
  • THE PRELIMINARY OFFERING MATERIALS BEING USED BY CIM SECURITIES CAN BE LOCATED ON OUR WEBSITE AT THE FOLLOWING:

Stifel Reports January 2024 Operating Data

Retrieved on: 
Thursday, February 22, 2024
Eaton Partners, SF, Broker-dealer

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.

Key Points: 
  • Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
  • Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited.
  • The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.

Amerant Investments Partners with iCapital to Expand US and LATAM Access to Alternative Investment Opportunities

Retrieved on: 
Thursday, February 22, 2024
Research, Education, Investment, Life, Chartered Alternative Investment Analyst, CAIA, Broker-dealer, Partnership

This collaboration will provide Amerant Investment’s financial advisors, along with their clients, access to private market opportunities and analytics.

Key Points: 
  • This collaboration will provide Amerant Investment’s financial advisors, along with their clients, access to private market opportunities and analytics.
  • The partnership will also entail oversight of the entire investment and education experience through a unified technology platform and operating system.
  • “At Amerant Investments, we recognize that private markets investments have the potential to generate higher returns and provide diversification benefits to investors as they seek to access relatively untapped opportunities,” said Sergio Guerrero, COO at Amerant Investments.
  • “We are proud to establish this partnership with Amerant Investments, a respected registered investment advisor and broker-dealer with wealth management expertise in the Latin America and U.S. markets and welcome the opportunity to support their expansion into alternative investments.”

Drucker Wealth, a $750mm advisory team, launches Independent RIA to embrace Next-Generation's Vision

Retrieved on: 
Tuesday, March 5, 2024
Freedom, Fidelity, HTK, RIA, Dream, Growth, PKS, Broker-dealer, Altruism, Management

Drucker Wealth, a $750mm advisory team, launches Independent RIA to embrace next-generation's vision.

Key Points: 
  • Drucker Wealth, a $750mm advisory team, launches Independent RIA to embrace next-generation's vision.
  • They launched their new RIA, Drucker Wealth LLC, after the team separated from Hornor, Townsend and Kent (HTK), their independent broker-dealer of over 40+ years, where they had been the largest advisory team for a record-setting 18 consecutive years.
  • As Drucker Wealth rapidly expanded its client base and enhanced its service offerings, the limitations inherent in the previous model became apparent.
  • Drucker Wealth's evolution to an independent RIA underscores its unwavering commitment to client-centric excellence and sets the stage for a dynamic new chapter in its storied legacy that Bernie Drucker, Lance's father, began in 1959.