1919 Investment Counsel Opens New Birmingham Office for Former Sterne Agee Family Office Team

BIRMINGHAM, Ala., June 29, 2016 /PRNewswire/ -- 1919 Investment Counsel, LLC ("1919ic"), a subsidiary of Stifel Financial Corp. ("Stifel"), is pleased to announce its first standalone Southeastern office in the City of Birmingham, Alabama. The office, located at the Crescent Building at 2311 Highland Avenue South, Suite 190, houses the former Sterne Agee Family Office Team led by 1919ic Managing Director and Senior Client Advisor Hanson Slaughter.

"We chose to join 1919ic last year because it is well equipped to handle the complex needs of our high net worth clients, who often require more than just investment management," said Mr. Slaughter. Harry O'Mealia, 1919ic's Chief Executive Officer, added: "1919ic, with Stifel's support, continues to be committed to providing clients in the Southeast and throughout the country with comprehensive investment counsel services. Our experienced and talented Birmingham Team and our new office in Birmingham reflect that commitment."

With approximately $9.7 billion in assets under management at March 31, 2016, 1919ic serves a variety of clients, including individuals and families, corporations, foundations, charitable trusts, and educational and other non-profit institutions. Services provided include investment management, trustee services (provided by 1919 Investment Counsel & Trust, a division of Stifel Trust Company, N.A.), turnkey administrative services for non-profits, corporate cash management, financial planning and family office services. 1919ic employs a large team of professionals with diverse backgrounds in finance, law, trust, insurance, financial planning and wealth transfer strategies.

Founded in 1919 as Scudder Stevens and Clark, 1919ic was a pioneer in the client-focused investment counsel industry. As a wholly-owned subsidiary of Stifel, 1919ic continues its long tradition of providing investment management and investment counsel to clients. 1919ic maintains additional offices in Baltimore, New York, Philadelphia and Cincinnati. For more information, visit http://www.1919ic.com.

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SOURCE 1919 Investment Counsel, LLC