Stifel Financial acquires 100% of Miller Buckfire, effective immediately

By Tali David

Minneapolis, Dec. 21 - Stifel Financial Corp. and Miller Buckfire & Co. LLC reached an agreement whereby Stifel has acquired 100% of Miller Buckfire, effective immediately, according to a press release.

"Ken Buckfire and his team comprise the preeminent franchise in restructuring advisory, and we are excited that Miller Buckfire is now a full partner of Stifel," Stifel chairman, president and CEO Ronald J. Kruszewski said in the release.

"We have been very pleased with the success of our strategic alliance. The decision to combine presented the logical next step following our initial investment a year and a half ago."

Miller Buckfire is a New York-based investment bank. Based in St. Louis, Stifel provides investment advisory and financial services to individual investors, professional money managers, businesses and governments.

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