Stifel client assets hit record USD 587.62 billion as of Aug. 31, 2026
Bitget2026/09/24 20:25- Stifel reported total client assets of USD 587.62 billion at Aug. 31, 2026, up 10% year over year.
- Fee-based client assets rose to USD 244.38 billion, up 14% year over year; Private Client Group fee-based assets reached USD 214.19 billion.
- Bank loans, net totaled USD 25.64 billion, up 18% year over year; essentially flat versus Jul. 31, 2026.
- Client money market and insured product balances fell to USD 23.44 billion, down 8% year over year; down 3% month over month.
- Third-quarter net revenue is expected to be essentially flat versus Q3 2025; Institutional Group net revenue seen down about 15%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banxico: Flexible stance with upside risks – Rabobank
Planet Ventures CEO Etienne Moshevich resigns
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time
Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.
