Stifel Financial Corp

In 1890, Benjamin Altheimer and Edward Rawlings forged a partnership, sowing the seeds for what we know today as Stifel Nicolaus. Success was quick for the firm, despite the fact that the business was started during a tumultuous period when many of the country’s banks and businesses were failing. Seven years after Altheimer and Rawlings formed their partnership, Herman Charles Stifel was brought in as Treasurer. Henry J. Nicolaus and his son, Louis J. Nicolaus, joined the company in 1910. In 1917, the firm was named Stifel Investment Company, and in 1923, it was renamed Stifel, Nicolaus Investment Company.