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Announced

Stifel to acquire Finance 500 and CB Resource.

Synopsis

Stifel, an American multinational independent investment bank and financial services company, agreed to acquire Finance 500, a brokerage investment services provider, and CB Resource, a risk management and planning firm. Financial terms were not disclosed. “Finance 500 and CBR, with our 40 years of experience, joined forces to deliver industry-leading CD funding, trading, ERM, planning, and performance-based analytics on a scalable platform. We couldn’t be more excited to join Stifel’s solutions and growth-driven team. Our clients will benefit from Stifel’s market presence, financial strength, and access to the firm’s comprehensive suite of products and services,” Jeff Rigsby, Finance 500 Chairman and CEO.

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