StoneX Group Inc. acquires Intercam Advisors and Intercam Securities, enhancing services for Latin American clients under new branding.
Quiver AI Summary
StoneX Group Inc. has successfully acquired Intercam Advisors, Inc. and Intercam Securities, Inc., U.S.-based firms that cater to Latin American clients with brokerage and investment advisory services. Following the acquisition, these firms have been rebranded as StoneX International Securities Inc. and StoneX International Advisors, Inc. This move enhances StoneX's wealth management capabilities and strengthens its connections with Latin America, allowing for an expanded range of advisory and brokerage solutions. Jay Carter, CEO of StoneX Wealth Management, emphasized the firm's dedication to Latin American clients by providing them with secure and tailored investment options backed by the strength of a Fortune 50 financial services firm. StoneX manages over $18 billion in client assets across the U.S. and Latin America, serving a wide array of clients with comprehensive financial solutions.
Potential Positives
- StoneX Group Inc. has expanded its service offerings by acquiring Intercam Advisors, Inc. and Intercam Securities, Inc., enhancing its wealth management business.
- The acquisition strengthens StoneX's connection with Latin American clients, providing them with improved access to U.S.-regulated custody and tailored investment solutions.
- StoneX now operates under new brand identities, StoneX International Securities Inc. and StoneX International Advisors, Inc., signaling its commitment to the Latin American market.
Potential Negatives
- Acquiring Intercam Advisors and Intercam Securities may raise concerns about integration challenges and potential disruptions to existing services during the rebranding process.
- The press release does not address the financial impact of the acquisition, which could raise questions about the company's strategy and fiscal health.
- Absence of details on how the acquisition will specifically enhance services or outcomes for clients may create skepticism about its benefits.
FAQ
What acquisition did StoneX Group announce?
StoneX Group announced the acquisition of Intercam Advisors, Inc. and Intercam Securities, Inc.
What are the new names of the acquired firms?
The acquired firms are rebranded as StoneX International Securities Inc. and StoneX International Advisors, Inc.
How does this acquisition impact StoneX's services?
This acquisition strengthens StoneX’s wealth management services and expands its offerings for Latin American clients.
What is the size of assets managed by StoneX Wealth Management?
StoneX Wealth Management manages more than $18 billion in client assets across the U.S. and Latin America.
How many financial professionals does StoneX employ?
StoneX employs over 500 financial professionals operating in 44 states.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SNEX Insider Trading Activity
$SNEX insiders have traded $SNEX stock on the open market 14 times in the past 6 months. Of those trades, 1 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $SNEX stock by insiders over the last 6 months:
- SEAN MICHAEL OCONNOR (Executive Vice-Chairman-Board) has made 0 purchases and 4 sales selling 42,500 shares for an estimated $3,842,324.
- ABIGAIL H PERKINS (Chief Information Officer) has made 0 purchases and 3 sales selling 36,680 shares for an estimated $3,123,668.
- CHARLES M LYON (President) has made 0 purchases and 2 sales selling 30,000 shares for an estimated $2,624,660.
- PHILIP ANDREW SMITH (Chief Executive Officer) has made 0 purchases and 2 sales selling 14,957 shares for an estimated $1,323,007.
- JOHN MOORE FOWLER has made 0 purchases and 2 sales selling 2,250 shares for an estimated $206,718.
- JOHN RADZIWILL (Chairman of the Board) purchased 1,400 shares for an estimated $119,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SNEX Hedge Fund Activity
We have seen 170 institutional investors add shares of $SNEX stock to their portfolio, and 135 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROCKEFELLER CAPITAL MANAGEMENT L.P. removed 846,674 shares (-95.2%) from their portfolio in Q2 2025, for an estimated $77,165,868
- PRICE T ROWE ASSOCIATES INC /MD/ added 610,928 shares (+77.2%) to their portfolio in Q2 2025, for an estimated $55,679,977
- AMERICAN CENTURY COMPANIES INC added 389,132 shares (+19.8%) to their portfolio in Q2 2025, for an estimated $35,465,490
- GOLDENTREE ASSET MANAGEMENT LP added 357,152 shares (+inf%) to their portfolio in Q2 2025, for an estimated $32,550,833
- PERPETUAL LTD removed 277,525 shares (-43.0%) from their portfolio in Q3 2025, for an estimated $28,007,823
- DIMENSIONAL FUND ADVISORS LP removed 274,331 shares (-14.3%) from their portfolio in Q2 2025, for an estimated $25,002,527
- HARBOR CAPITAL ADVISORS, INC. removed 270,715 shares (-74.3%) from their portfolio in Q3 2025, for an estimated $27,320,557
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Oct. 17, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (NASDAQ: SNEX), a global financial services firm connecting clients to the markets across asset classes and geographies, today announced it has completed its acquisition of Intercam Advisors, Inc. and Intercam Securities, Inc., —U.S.-based firms providing brokerage and investment advisory services to Latin American clients.
Under the StoneX umbrella, the entities have been rebranded to StoneX International Securities Inc. and StoneX International Advisors, Inc.
This acquisition bolsters StoneX’s existing wealth management business and further strengthens its connection with Latin America. Through this transaction, StoneX expands its ability to serve cross-border clients with a broader range of integrated advisory and brokerage solutions supported by the firm’s global reach and infrastructure.
Jay Carter
, Chief Executive Officer of StoneX Wealth Management, commented:
"This acquisition reflects our commitment to Latin American clients by expanding their access to secure, U.S.-regulated custody, tailored investment solutions, and dedicated support —delivered through the expertise of the StoneX wealth platform and backed by the institutional strength and global reach of a Fortune 50 financial services firm.”
StoneX Wealth Management manages more than $18 billion in client assets across the U.S. and Latin America. With more than 500 financial professionals operating in 44 states, the firm provides financial solutions for individuals, families, and businesses offering a comprehensive suite of financial planning, investment advisory, and brokerage services tailored to client needs.
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service, and deep expertise. The Company strives to be the one trusted partner to its clients, providing its network, products, and services to allow them to pursue trading opportunities, manage their market risks, make investments, and improve their business performance.
A Fortune 50 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its more than 4,700 employees serve more than 54,000 commercial, institutional, and payments clients, as well as more than 260,000 self-directed/retail accounts, from more than 80 offices spread across six continents. Further information on the Company is available at www.stonex.com .
For more information, contact Jonathan Kay, [email protected]
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