M.L. Stern & Co., LLCBeverly Hills, CA, United States

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M.L. Stern Company Description

Not that the company is going to lecture you, but M.L. Stern & Co. does want to give you advice about your money. The firm offers securities brokerage and asset management to individuals, corporations, and pension funds. Products include stocks and bonds, mutual funds, annuities, and tax-deferred investments. The company also provides municipal finance services for local governments. Its Tower Asset Management subsidiary manages some $450 million of client assets. M.L. Stern has offices in California and Las Vegas. The company was founded by president Mickey Stern in 1980 and acquired by Pacific Life in 1999. SWS Group bought M.L. Stern from Pacific Life in 2008.

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The Company Description provides a historical perspective of M.L. Stern's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of M.L. Stern's evolution in the marketplace.

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