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About Our Firm

The leading expert on financial services.

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In June of 1962, Harry Keefe Jr., Gene Bruyette, and Norbert Woods founded Keefe, Bruyette & Woods (KBW) along with five other employees and $50,000 in capital. Together, the founders launched KBW with a vision of the future and a belief in personal accountability during a time when investors purchased bank stocks for the dividend yield alone. Few banks published balance sheets or earnings statements and research was nearly nonexistent. With the addition of sales, trading, and research operations, and a clear focus on regional banks, the company has branched out since its founding. We’re now widely considered the leading expert on all financial sub-sectors.

In February of 2013, after fifty years in operation, KBW entered into a merger agreement with Stifel Financial. The combined strength of the two organizations has allowed KBW to chart a course for continuous growth while leveraging Stifel’s robust global wealth management capabilities. This merger has also empowered KBW to become the specialized financial services platform of choice.

In the decades since our founding in 1962, the KBW team has grown to more than 400 people, yet we’ve preserved and nurtured the spirit of teamwork, employee participation, and individual initiative that has underpinned the firm’s resilience and success throughout our history.

KBW About Our Firm

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