1919 Investment Counsel, a division of Stifel Financial, has opened a new office for former Sterne Agee Family Office Team in Birmingham, Alabama.
Situated at the Crescent Building at 2311 Highland Avenue South, the new office houses the team led by 1919ic managing director and senior client advisor Hanson Slaughter.
Slaughter said: "We chose to join 1919ic last year because it is well equipped to handle the complex needs of our high net worth clients, who often require more than just investment management."
1919ic’s CEO Harry O’Mealia said: "1919ic, with Stifel’s support, continues to be committed to providing clients in the Southeast and throughout the country with comprehensive investment counsel services. Our experienced and talented Birmingham Team and our new office in Birmingham reflect that commitment."
Established in 1919 as Scudder Stevens and Clark, 1919ic manages nearly $9.7bn in assets under management as on 31 March 2016.