Launny Steffens to Join Stifel as Vice Chairman of Asset Management
1. Launny Steffens joins Stifel to enhance growth and capabilities. 2. Over $1 billion in assets will be acquired from Spring Mountain Capital. 3. Steffens has extensive experience, previously at Merrill Lynch. 4. Stifel aims to expand financial advisor network under Steffens' leadership. 5. Transaction anticipated to close later this year, boosting Stifel's position.