Business
Equitable Announces Acquisition of Stifel Independent Advisors
NEW YORK, October 27, 2025--Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), announced today that its affiliate has entered into an agreement to acquirei Stifel Independent Advisors, LLC. The transaction is expected to close in the first quarter of 2026, subject to required regulatory approvals and other customary closing conditions.
About this update from Stifel Financial Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":251,"url":"https://media.zenfs.com/en/business-wire.com/eef41f58d08eb591a7e7d6d1062728c4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/OcGRghxT9PqlTsbkGAAigA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUwMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/eef41f58d08eb591a7e7d6d1062728c4","width":480,"height":251}},"lazy":false},{"type":"text","content":"Transaction accelerates growth strategy for Equitable’s Wealth Management business","length":82,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, October 27, 2025--(BUSINESS WIRE)--Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), announced today that its affiliate has entered into an agreement to acquirei Stifel Independent Advisors, LLC. The transaction is expected to close in the first quarter of 2026, subject to required regulatory approvals and other customary closing conditions.","length":421,"tagName":"p"},{"type":"text","content":"Stifel Independent Advisors is a premier independent broker-dealer, a registered investment adviser and a subsidiary of Stifel Financial Corp. (NYSE: SF), with more than 110 independent advisors managing approximately $9 billion in client assets. As part of the transaction, Stifel’s independent advisors are expected to join Equitable Advisors, Equitable’s broker-dealer and registered investment adviser. The transaction does not include Stifel Financial Corp.’s employee advisor channel.","length":490,"tagName":"p"},{"type":"text","content":""We are committed to growth in the wealth management space and take a disciplined approach to acquisitions, focusing on opportunities that deliver long-term value and align with our culture," said Nick Lane, President of Equitable. "Our acquisition of Stifel Independent Advisors does both, and this transaction complements our organic growth strategy to expand our Wealth Management business."","length":414,"tagName":"p"},{"type":"text","content":"Wealth Management is the fastest-growing segment for Equitable Holdings and plays a central role in the company’s integrated business model, focusing on helping more Americans meet their financial planning and advice need...