A longtime financial advisor with Stifel
Financial Corporation died in the Fourth of July mass shooting in a Chicago suburb.
Stephen Straus, 88, was
among the seven people shot in Highland Park, Ill., according to the Highland Park Police
Department.
“The entire Stifel Financial
family is saddened by the loss of Stephen Straus…in the tragic mass shooting,” the
St. Louis, Mo., private wealth management company said on Twitter.
Straus began working with Stifel
Financial in 1998, chief executive officer Ronald Kruszewski in a company
memorandum said.
“He continued to serve his valued
clientele at age 88, not because he had to, but because he wanted to, commuting
to the office each morning by train,” Kruszewski wrote.
He went on to cite Straus as “an
ambassador to the office…kind…gentle and warm-hearted.”
Straus had worked for investment
bank Rodman & Renshaw and broker-dealer Loeb, Rhoades & Company
after beginning his Wall Street career with Glore Forgan Staats.
He was buried Friday at the Jewish
Reconstructionist Congregation in Evanston, ill.
Stifel Financial is manager $149
billion--$2.4 billion managed by defined benefit and defined contribution.
