Equitable Holdings to acquire Stifel Independent Advisors

Equitable Holdings (EQH) announced that its affiliate has entered into an agreement to acquire Stifel Independent Advisors from Stifel Financial (SF). The transaction is expected to close in the first quarter of 2026, subject to required regulatory approvals and other customary closing conditions .As part of the transaction, Stifel’s independent advisors, who manage $9B in client assets, are expected to join Equitable Advisors, Equitable’s broker-dealer and registered investment advisor. The acquisition further accelerates the growth strategy for Equitable Advisors, which includes approximately 4,500 financial professionals across the U.S. and more than $110B in assets under administration. Additionally, the transaction builds on Equitable Advisors’ strong momentum, complementing its 12% organic growth rate on a trailing twelve-month basis.