David Stone (Stifel) | Blogger

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Showing posts from March, 2017

The CR Wealth Management Group Fee Structure

A senior partner and Director/Investments with the CR Wealth Management Group of Stifel, David Stone works with a 10-person team to take the financial goals of corporate, institutional, and high-net-worth clients into account when creating wealth management strategies. David helps create investment plans that take a diversified approach to preserving assets while striving for long-term capital growth, where required, rather than short-term gains. Clients are typically sophisticated individuals who have already achieved financial success. Founders and partners of hedge funds, private equity firms, and investment bankers are joined by nonprofits and other private business owners, with each developing plans that are tailored to their specific needs. The services attached to these plans are usually fee based, with Stifel making use of third-party money managers to ensure transparency and objectivity in the offering. However, the firm also offers a number of other investment opportunitie

About David Stone (Stifel)

David Stone, a respected Chartered Retirement Planning Counselor (CRPC), holds the influential position of Managing Director/Investments at Stifel and is a valued member of Stifel’s Chairman’s Council. He co-leads The CR Wealth Management Group within Stifel, a dedicated nine-member team that provides specialized financial services to a diverse clientele including families, ultra-affluent individuals, pension plans, and various organizations. Their offerings span retirement and investment planning, estate planning, corporate executive services, and more.

With Stifel's foundation dating back to 1890, the firm stands as the seventh-largest full-service investment firm in the U.S., boasting approximately 450 offices and 2,300 advisors. The firm manages substantial client assets, evidencing its significant industry presence and expertise. Under Mr. Stone's leadership, The CR Wealth Management Group leverages Stifel's comprehensive equity research, covering an extensive range of stocks across multiple sectors.

Bringing over 25 years of experience in the finance industry, Mr. Stone's career trajectory includes senior roles at renowned institutions such as Citigroup Global Markets, Merrill Lynch Wealth Management, and Morgan Stanley Wealth Management, joining Stifel in 2016. His academic credentials include a Bachelor of Science in Economics and an MBA from Clemson University.

Mr. Stone's professional repertoire is further enhanced by his Series 7, 31, and 66 licenses, marking his comprehensive expertise in financial advising. Outside of his professional realm, he enjoys a fulfilling personal life in New Jersey, where he resides with his wife and four children, striking a balance between a distinguished career in finance and a dedicated family life.

*For 2022 qualification, Stifel’s Chairman’s Council consisted of 359 of the firm’s top-producing financial advisors from among its approximately 2,300 financial advisors across the nation.