Why AI Helps Advisor Value: Stifel CEO

News July 23, 2026 at 01:32 PM
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What You Need To Know

  • Stifel CEO Ron Kruszewski dismissed market fears about the devaluation of human financial advice with the advancement of AI.
  • Stifel reported another quarter of record Global Wealth Management revenue of $957 million, up 13% from last year.
  • Advisory revenue increased 24% to $157 million, with continued strength in financials, industrials and technology.
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