Investment banking firm Stifel to open Stamford office

Stifel, a global wealth management and investment banking company, is opening its first Fairfield County office at 677 Washington Blvd. in Stamford.

This will be Stifel”™s sixth office in Connecticut ”“ it also operates in Hamden, Hartford, Madison, Mystic, and Southbury. The Connecticut Department of Economic and Community Development (DECD) will provide the company with a grant in arrears up to $1.75 million, contingent on the company creating and retaining 50 new full-time jobs.

“Like Stifel, Stamford is growing rapidly, and we are happy to expand further into Connecticut,” said Victor Nesi, co-president and head of the institutional group of Stifel Financial. “In our view, Stamford is the state”™s financial services hub, and given its close proximity to other Stifel offices and to many of our clients, we believe having a presence there is important.”

“We are seeing a growing number of financial services firms make new investments and increase headcounts in Connecticut, which is great news for our strong finance ecosystem and economy as a whole,” DECD Commissioner David Lehman and Peter Denious, CEO of the nonprofit economic development organization AdvanceCT, said in a joint statement. “Stifel”™s decision to expand their operations in Connecticut is another reminder of the many competitive advantages our state has to offer leading global companies.”