Stifel Financial Corporation · NYSE:SF
Stifel Financial — Merger or Acquisition (June 2015)
10 slides from Stifel Financial's merger presentation, Jun 8, 2015
Slide 1: Acquisition of Barclays' Wealth and Investment Management, Americas
Exhibit 99.2 Acquisition of Barclays’ Wealth and Investment Management, Americas (“Barclays Wealth Americas”) Stifel Financial Corp. June 8, 2015
Slide 2: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward-Looking Statements Statements in this presentation that relate to the future plans, events, expectations, performance, objectives, and the like of Stifel Financial Corp., as well as Stifel, Nicolaus & Company, Incorporated and its other subsidiaries (collectively, “Stifel” or the
Slide 3: Why This Combination Makes Sense
WHY THIS COMBINATION MAKES SENSE A Powerful Combination of Breadth and Depth Barclays Wealth Americas brings a highly focused organization with deep, high conviction, investment capabilities Stifel brings significant breadth of product and service capabilities that are complementary to Barclays Weal
Slide 4: Overview of Barclays Wealth Americas
OVERVIEW OF BARCLAYS WEALTH AMERICAS Key Facts 2014 Revenue Contribution • Created following Barclays’ acquisition of the Private Investment Management division of Lehman Brothers in 2008 • Full suite of capabilities including investment advisory and managed money, capital markets (equity, fixed inc
Slide 5: Further Expansion into Major Markets
FURTHER EXPANSION INTO MAJOR MARKETS • Stifel has 330 Private Client Group Offices in 45 states • Atlanta • Palm Beach • Los Angeles • Chicago • San Francisco • New York • Houston • Boston • Philadelphia • Miami • Dallas • Washington, D.C. 5
Slide 6: Combining Breadth and Depth
COMBINING BREADTH AND DEPTH Barclays - Depth Stifel - Breadth 12-office footprint covers all major wealth National presence in 330 offices centers in the U.S. Broad Investment Advisory Platform offers new Full suite of high-conviction investment investment managers and strategies to Barclays IRs cap
Slide 7: Similar High Net Worth Platforms
SIMILAR HIGH NET WORTH PLATFORMS COMPARING BARCLAYS WEALTH AMERICAS TO STIFEL’S TOP 198 ADVISORS Barclays Stifel Revenues($s million) (1), (2) Advisory, Fee Based, and Credit 147.7 210.0 Transactional & Capital Markets 184.3 117.4 Total Advisory, Credit, & Brokerage 332.0 327.4 Assets($s billion) Fe
Slide 8: Transaction Highlights
TRANSACTION HIGHLIGHTS • Acquisition by Stifel of certain assets related to Barclays Wealth Americas • Stifelwill hire up to 180 financial advisors currently managing approximately $56 billion in client assets Transaction • Barclays has on-balance sheet assets of approximately $1.4 billion, and appr
Slide 9: Impact of a Rising Rate Environment
IMPACTOF A RISING RATE ENVIRONMENT Projected increase in annual pre-tax earnings from a 100 bps rise in short-term rates ~$42mm ~$61MM Barclays~$6mm - Barclays~$12mm - Stifel -~$36mm ~$6mm Barclays ~$1mm - Stifel -~$49mm ~$13mm Stifel -~$5mm Barclays ~$5mm - Stifel -~$8mm Stifel Bank Remainder of De
Slide 10: Track Record of Successful Integration
TRACK RECORD OF SUCCESSFUL INTEGRATION… • 180 Financial advisors with ~$56 billion in client assets • Announced: June 2015 • Customized investment advisory and trust services • Announced: March 2015 • Customized investment advisory and trust services • November 2014 • Private Client –350 financial a