New York-based global financial network expanding Birmingham office, hiring 90

The new office is expected to be 46,000 square feet, with conference and meeting rooms, audio and video capabilities, collaboration areas and social spaces.

New York-based global financial network expanding Birmingham office, hiring 90

New York-based global financial services leader StoneX Group announced a significant expansion in Birmingham this Thursday. The firm is set to bolster its local presence by adding 90 new employees over the next three to five years, continuing its long-standing history in the Magic City.

A Modern Workplace Expansion

The company will move into a spacious 46,000-square-foot office located in the Protective Center. Designed for modern collaboration, the new facility will feature advanced audio and video capabilities, flexible meeting rooms, and dedicated social spaces. Employees will also have access to a full cafeteria, a coffee shop, and an onsite fitness center, with the office capacity set for 310 seats.

Deep Roots in Birmingham

As a Fortune 500 company, StoneX has maintained a presence in the city for over 25 years through its securities clearing operations. The firm's local ties deepened in 2016 when it acquired Sterne Agee, a historic broker-dealer that had served the South since 1901.

Maribeth Williams, the head of securities operations at StoneX, emphasized the city's strategic importance. According to Williams, Birmingham’s "deep financial services roots, strong talent base, and supportive business environment make it an ideal location to continue scaling critical operational capabilities that support our global platform."

Alabama Department of Commerce Secretary Ellen McNair echoed this sentiment, stating that the expansion serves as "further proof of the city’s standing in this market and what it and Alabama can offer companies looking to grow." For more local business news, stay tuned to 205focus.com.