Neil Shapiro
Neil Shapiro

Stifel Financial has named Neil Shapiro to the newly created position of director and head of institutional group communications.

Shapiro joins Stifel from Edelman, where was an executive VP, financial communications and capital markets, working with asset managers, brokerages, investment banks and other capital markets participants. Before that, he was chief operating officer and managing partner at Intermarket Communications. He has worked with such clients as Charles Schwab, D.E. Shaw Group and Deutsche Bank.

Earlier in his career, he worked as a business journalist at CNN, CNBC and Fox News Channel. While Shapiro was at CNBC, TJFR Business News Reporter named him one of the top financial journalists in the country.

In his new role, Shapiro will be responsible for brand building, media relations and strategic communications advisory across Stifel’s institutional platform, which includes investment banking, research, equity sales and trading, fixed income and equity capital markets, as well as communications oversight for several Stifel owned companies.

He will report directly to Victor Nesi, president of Stifel and director of the Stifel Institutional Group.

Stifel earned $64.2M on third-quarter revenues of $721M. The New York Stock Exchange-listed company trades ast $59.95, a tad off its 52-week high of $60.92.