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Stifel completes asset purchase of George K. Baum & Co.

Stifel Financial Corp. has completed the acquisition of certain assets of George K. Baum & Co.

Terms of the acquisition were not disclosed. The deal does not include George K. Baum Capital Advisors Inc. or Baum Capital Partners.

Keefe Bruyette & Woods acted as financial adviser to Stifel in the transaction.