Stifel Establishes Stamford, Connecticut, Operations Center
08/22/2022
The office will occupy more than 24,000 square feet at 677 Washington Boulevard. In addition to the new location, Stifel maintains existing offices in Hamden, Hartford, Madison, Mystic, and Southbury.
“Like Stifel, Stamford is growing rapidly, and we are happy to expand further into Connecticut,” Victor Nesi, co-president and head of the Institutional Group of Stifel Financial, said. “In our view, Stamford is the state’s financial services hub, and given its close proximity to other Stifel offices and to many of our clients, we believe having a presence there is important. We are thrilled to collaborate with Governor Lamont as we continue to make client service and talent acquisition top priorities.”
As an incentive, Connecticut Department of Economic and Community Development (DECD) is supporting the project by providing a grant in arrears up to $1,750,000, contingent on the company’s job creation target. The state’s economic development program to support and encourage growth, JobsCT, is available to eligible businesses in targeted industries that create more than 25 jobs. The grant amount is determined by several factors, including payroll taxes paid, job creation totals and timelines, average wages, and company location.
“We are seeing a growing number of financial services firms make new investments and increase headcounts in Connecticut, which is great news for our strong finance ecosystem and economy as a whole,” added DECD Commissioner David Lehman and Peter Denious, CEO of AdvanceCT. “Stifel’s decision to expand their operations in Connecticut is another reminder of the many competitive advantages our state has to offer leading global companies.”
Stifel is a full-service financial services firm, and serves as strategic advisors to individuals, entrepreneurs, family-owned businesses, private equity groups, and leading public and private corporations in North America, Europe, Asia, Israel, and Latin America. The company employs more than 8,500 people globally.
Project Announcements
Bosch Expands Lincolnton, North Carolina, Operations
06/02/2023
Little Leaf Farms Establishes McAdoo, Pennsylvania, Greens Production Complex
06/02/2023
Swiss-Based Sulzer Pumps Solutions Plans Easley, South Carolina, Operations
06/01/2023
Finland-Based ADMARES Plans Waycross, Georgia, U.S. Manufacturing Plant
06/01/2023
Toyota Plans Georgetown, Kentucky, Electric Vehicle Operations
06/01/2023
Ranger Design Establishes North Charleston, South Carolina, Operations
05/31/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023
-
Companies Are Recalibrating Their Priorities
Q1 2023