FOR IMMEDIATE RELEASE

STIFEL INDEPENDENT ADVISORS WELCOMES FLAGSHIP OFFICE IN SALT LAKE CITY

ST. LOUIS, June 22, 2023 – Stifel Financial Corp. (NYSE: SF) today announced that ARC Wealth Management, a team of three financial advisors based in Salt Lake City, Utah, has joined the firm’s independent contractor broker-dealer subsidiary, Stifel Independent Advisors, LLC.

ARC Wealth Management consists of 27-year investment industry veteran Richard Romano, CRPS®, Managing Partner and Senior Financial Advisor; Brian Collard, CFP®, CRPS®, Partner and Financial Advisor; and Amanda Arcilesi Simmons, CFP®, Partner and Financial Advisor.  The team was previously affiliated with Wells Fargo Advisors Financial Network, where they were responsible for $460 million in client assets.

“We at ARC Wealth Management are thrilled to announce our affiliation with Stifel Independent Advisors. Stifel’s primary focus on wealth management with a client-first approach is a perfect fit for our team, and most importantly the clients we serve,” said Mr. Romano.

“We are extremely excited to partner with Rich, Amanda, Brian, and all of ARC Wealth Management as they establish their flagship office in Salt Lake City,” said Ted Desautels, Director, Regional Recruiting.  “They have built an incredibly successful practice with their personalized approach to wealth management, close client relationships, and a high-touch feel.  We look forward to partnering with ARC Wealth Management as they continue to grow their independent practice in the Salt Lake City region and beyond.”

ARC Wealth Management is the third team to join Stifel Independent Advisors in the last six weeks, following BT Legacy Wealth Management in St. Petersburg, Florida, and Client First Financial in Colts Neck, New Jersey.  In total, the three teams are responsible for $785 million in client assets.

Stifel Company Information

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; and Stifel Independent Advisors, LLC; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited.  The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities.  Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.  Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services.  To learn more about Stifel, please visit the Company’s website at www.stifel.com.

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For further information,

contact Brian Spellecy

(314) 342-2000