MONTGOMERY, Alabama – Global financial services leader StoneX Group Inc. (NASDAQ: SNEX) announced on Thursday the relocation and expansion of its Birmingham office, a move that will add nearly 90 employees over the next three to five years.
“Birmingham has long been a meaningful part of our operational footprint,” said Maribeth Williams, head of Securities Operations at StoneX. “Its 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.”
A Fortune 50 company headquartered in New York, StoneX has been in Birmingham for more than 25 years. The location is a critical hub for securities clearing and core operational infrastructure that support the firm’s global platform.
The move to Protective Center’s 28-acre corporate campus expands StoneX’s facilities to about 46,000 square feet and enables it to grow to an expected 310 employees. The expansion represents a nearly $11 million investment.
“The financial sector has long been a significant and defining economic driver for the Birmingham region,” Alabama Department of Commerce Secretary Ellen McNair said. “The expansion of StoneX’s footprint and workforce in Birmingham is further proof of the city’s standing in this market and what it and Alabama can offer companies looking to grow. We congratulate StoneX on its expansion and thank it for its continued partnership.”
StoneX leadership said Birmingham’s established role as a financial services center in the Southeast makes it a natural location for the company’s continued growth. A deep and expanding talent pipeline driven by leading universities and academic programs across Alabama and the broader Southeast was also a factor.
“This expansion by StoneX Group Inc. represents an important inflection point for the Birmingham region’s financial services sector. For several years, much of the activity in this industry has been driven by consolidation, but this announcement reflects renewed growth and confidence in our market,” said Mike Bolin, Jefferson County Commissioner. “By adding high-wage jobs tied to global financial markets—including securities, commodities, and foreign exchange—this project strengthens our position as a competitive location for financial services operations.”
Globally, StoneX has 4,700 employees who serve over 54,000 commercial, institutional and payments clients, as well as more than 260,000 retail accounts, across more than 80 offices on six continents.
