Under this partnership, the two firms will expand their offerings by making Miller Buckfire’s restructuring advisory capabilities available to Stifel’s clients while Stifel’s capital markets expertise available to Miller Buckfire’s clients.
Stifel and Miller Buckfire will continue to operate independently under their existing structures.
Stifel co-head of the institutional group Victor Nesi will join Miller Buckfire’s board of directors, and Miller Buckfire chairman Henry Miller will be a senior advisor to Stifel.
Miller Buckfire CEO and managing director Kenneth Buckfire said the bank forward with an enhanced capital base and a very strong and broad capital markets partner, while retaining it independence and distinctive brand in the marketplace.
Stifel Financial chairman, president, and CEO Ronald Kruszewski said the alliance of the expertise will be mutually beneficial to both firms and its clients.
