According to advisor hub dot com, the 133 million dollar settlement will be upheld.
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One broker is costing the company across multiple lawsuits.
Stifel does not put in the work in finding and hiring the right people. Take a look at IT and some of its hiring. Good systems engineer? Poof! You’re the manager of the team. Good project manager? You’re the new manager of the team department.
Best person of the role? No. Convenient? Yes.
It goes on all across the company. Executive leadership will learn nothing from this.