When was the last time you had a 1:1 with your manager? Do you have yearly goals you commit to? Do you receive a year end review?
St. Louis Investment Advisory Group Change of Mgt.
Why was someone brought in from an outside firm to manage the Investment Advisory Group that has no investment advisory experience over many qualified with the group?
Stifel 401(k) Plan Subject of New $134 Million ERISA Case Over Fund Performance
Alleged underperforming funds are the subject of a $134 million class action ERISA lawsuit against Stifel Financial, Corp. on behalf of more than 10,000 retirement plan participants. The suit filed today by Sanford Heisler Sharp McKnight alleges... — read more
Judge Recommends Court Uphold $133 Million Award Against Stifel
According to advisor hub dot com, the 133 million dollar settlement will be upheld.
AI profile photos on the rise in IT
Go take a look at the profile pictures of all of the usual “look at me!” suspects in IT. They’ve found a cool new superficial way to draw attention to themselves through artificial intelligence via photo filtering and touch ups of themselves... — read more
401k match
I am a new employee and was wondering when the 401(k) match would hit our 401(k) accounts? I know it’s only $3000 but every little bit helps. Thank you in advance for the information.
Stifel Christmas bonuses
They’re gonna be about half of what they usually are. Blame Ron.
Did you go to the girls club meeting last week?
We all got pretty Dollar Tree goody bags! And a break from actually working while we sat around and talked or listened. It’s one cup shy of a coffee klatch. I keep waiting for this to be something that has some good take aways. So far, nothing of... — read more
Advisor Hub article about Stifel
Stifel Chairman and Chief Executive Ronald Kruszewski on Wednesday sent a memo to the company’s employees, including 2,300 advisors, seeking to counter rising speculation that he could sell the 135-year-old firm. “Let me be clear. Stifel is not... — read more
ATTN STIFEL MINIONS: Protocol Updates
Effective immediately, you will be chained to your desks upon arrival to work. Please plan your wardrobe appropriately to accommodate this change. Upon completion of your work day, please ensure your manager approves your work as being complete for... — read more
Are layoffs done?
At least for this year?
Stifel has sold SIA to Equitable
Looks like rumors were true all those people will be laid off. https://www.advisorhub.com/exclusive-stifel-to-sell-indie-brokerage-unit-to-equitable-advisors/
Are you ready to hand over your biometric data?
An article on the Entrepreneur site states for JP Morgan staff wanting to access their new $3B headquarters building, they will need to provide their biometric data. Considering how much of a crush RK has on JP Morgan's CEO, Stifel should be... — read more
Is Stifel going to be sold?
Rumor has it Citigroup is very interested and would make sense as to why Ron was retained. Makes sense why all the layoff talk is happening after the 1st of the year.
Get ready for more work
The work the laid off people were doing didn't disappear. It'll still need to be done. And guess who'll be doing it? Certainly not the ones who made the decision to lay people off and certainly not new people, because they're not going to hire any... — read more
Where do you see IT a year from now?
Just curious to hear what people are expecting?
Good point.
From one of the lower threads. Yes, Glassdoor.com lets companies delete negative reviews for a fee. Not sure if Indeed.com does the same, but Indeed reviews seem to be more honest about a company than Glassdoor. "Folks, we should move to the main... — read more
600 people total, only few offered severance?
Is this true? The layoff is 600 people with only a handful offered a severance. Mostly tenure employees that have put in 15+ years @eb+1k6kw57zn
Layoffs and WARN Act Compliance?
Worker Adjustment and Retraining Notification Act of 1988 There's nothing noted on the WARN Act tracker about Stifel layoffs. www(dot)warntracker(dot)com. Does anyone know how they got around this?
40 people laid off in St. Louis IT today
Some had been with the company for many years.