ST. LOUIS, December 10, 2025 – Stifel Financial Corp. (NYSE: SF) today announced that The Arnold-Rai Wealth Management Group has joined the firm’s Stifel, Nicolaus & Company, Incorporated broker-dealer subsidiary in Houston, Texas.
The Arnold-Rai Wealth Management Group has nearly 70 years of combined investment industry experience and consists of George Arnold, Managing Director/Investments, and Sumeet Rai, Managing Director/Investments. They are supported by Angela Etie, Senior Client Service Associate. The team comes to Stifel from Sanders Morris, where they were responsible for approximately $400 million in client assets.
“We are excited to join Stifel, one of the nation’s premier investment firms with a 135-year history of putting clients first,” said Mr. Arnold and Ms. Rai in a joint statement. “Stifel’s strong leadership, financial stability, and extensive resources will allow us to continue delivering the long-term success our clients expect and deserve.”
“We’re excited to welcome Sumeet and George to our team,” said Jeff Markham, Managing Director, Southwest Region. “Their exceptional expertise and strong ties to the Houston market align perfectly with our commitment to growth. This year alone, we’ve opened our fourth Private Client Group office in Houston and added 11 advisors.”