Stifel Financial (Stifel) is a banking institution based in Saint Louis, Missouri. Established in 1983, Stifel provides securities brokerage, investment banking, trading, investment advisory, and related financial services through its wholly-owned subsidiaries to individual investors, professional money managers, businesses, and municipalities. It offers financial advisory services. The firm offers financial planning, merger and acquisition, capital restructuring, retirement planning, equity sales, public financing, private placement, underwriting, and trust services. Additionally, it provides the listed options, annuities, insurance, and industrial research services. The assets of the firm are managed by the board of directors.