StoneX Expands Financial Institutions Research with New FIG Practice — StoneX Group Inc.

Event summary

StoneX launched a Financial Institutions Group (FIG) research practice under The Benchmark Company on June 24, 2026.
The new practice will focus on regional and community banks, expanding equity research coverage in the financials sector.
Brett Rabatin leads the FIG Research practice with over 25 years of experience in financial institutions research.
Andrew Liesch and Kenneth James join as Senior Research Analysts, bringing combined industry and sell-side expertise.

The big picture

StoneX's launch of the FIG research practice underscores a strategic focus on deepening capital markets capabilities, particularly in equity research and distribution. The move aligns with broader industry trends where financial institutions are seeking more specialized insights to navigate complex market dynamics. With over 80,000 institutional clients, StoneX aims to strengthen its position as a trusted partner for regional and community banks.

What we're watching

Market Differentiation: How StoneX's dedicated FIG research will differentiate it in the underserved regional and community banking segment.
Client Engagement: Whether the expanded research capabilities will deepen relationships with institutional clients and investors.
Execution Risk: The pace at which StoneX can integrate new sector expertise into its existing institutional offerings.