Joel Jeffrey | Senior Vice President of Investor Relations |
Ron Kruszewski | Chairman & Chief Executive Officer |
Jim Marischen | Chief Financial Officer |
Alex Blostein | Goldman Sachs |
Steven Chubak | Wolfe Research |
Chris Allen | Compass Point |
Devin Ryan | JMP Securities |
Chris Harris | Wells Fargo |
Ladies and gentlemen, welcome to the Stifel Financial Fourth Quarter 2019 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be question-and-answer session. [Operator Instructions] Thank you.
Mr.