Press Releases

08/18/2022
Governor Lamont Announces Stifel Increasing Functions and Adding Work in Connecticut
Premiere Investment Banking and Prosperity Management Agency Programs to Open Sixth Connecticut Business in Stamford
(HARTFORD, CT) – Governor Ned Lamont these days announced that international prosperity management and financial investment banking business Stifel will be increasing its existence in Connecticut by means of the addition of a new place of work in Stamford, exactly where it will develop 50 new positions. In addition to the new area, Stifel maintains current offices in Hamden, Hartford, Madison, Mystic, and Southbury.
The company’s Stamford business will occupy additional than 24,000 square ft at 677 Washington Boulevard.
Stifel is a complete-company fiscal companies organization, and serves as strategic advisors to men and women, business people, family members-owned businesses, private fairness teams, and leading community and non-public organizations in North America, Europe, Asia, Israel, and Latin The us. It employs additional than 8,500 men and women globally.
“Stifel is a very well-revered, international business, and their determination to include a sixth business in Connecticut and create more positions listed here is fantastic information for our point out,” Governor Lamont explained. “Connecticut is the perfect place for monetary solutions companies for the reason that our point out has the proficient workforce and the methods important for these businesses to develop and thrive. I congratulate Stifel on their decision to spend and grow in this article, and I appear ahead to setting up our partnership with this organization for decades to arrive.”
“Like Stifel, Stamford is expanding fast, and we are delighted to develop even further into Connecticut,” Victor Nesi, co-president and head of the Institutional Team of Stifel Economic, explained. “In our check out, Stamford is the state’s economic companies hub, and specified its shut proximity to other Stifel offices and to a lot of of our shoppers, we believe possessing a existence there is vital. We are thrilled to collaborate with Governor Lamont as we continue to make shopper service and talent acquisition top priorities.”
The Connecticut Section of Financial and Community Growth (DECD) is supporting the project by giving a grant in arrears up to $1,750,000, contingent on the firm generating and retaining 50 new complete-time jobs. The state’s economic enhancement application to assist and persuade growth, JobsCT, is readily available to eligible corporations in targeted industries that make more than 25 jobs. The grant volume is identified by various components, which includes payroll taxes compensated, job development totals and timelines, typical wages, and corporation spot.
“We are observing a escalating number of economical companies companies make new investments and boost headcounts in Connecticut, which is excellent news for our potent finance ecosystem and financial state as a entire,” DECD Commissioner David Lehman and Peter Denious, CEO of the nonprofit economic progress organization AdvanceCT, explained in a joint statement. “Stifel’s choice to develop their functions in Connecticut is a further reminder of the lots of aggressive pros our point out has to supply primary global providers.”
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