Stephen Rotella Strengthens StoneCastle with New Acquisition:

StoneCastle, one of the leading investment advisers for institutional investors, has bolstered its resources with the acquisition of Intermedium Financial, LLC. Intermedium is an insured deposit sweep business that StoneCastle CEO Stephen Rotella said will add value to financial intermediaries and expand the company’s distribution options. The purchase of Intermedium includes the InterLINK FinTech platform. Rotella explained that platform with compliment and augment StoneCastle’s current business technology.


With Intermedium in the fold, StoneCastle can use its sweep insurance capabilities to provide better service for brokerage firms and other financial firms in order to grow their businesses and benefit their clients. This includes expanded broker-dealer services and 401k management. Intermedium uses its software to aid in investments between banks and other financial intermediaries to find stable investments for clients. Rotella said the Intermedium acquisition means StoneCastle will become a force in the insured sweep industry.


Stephen Rotella earned a Bachelor’s Degree in Economics from SUNY-Stonybrook in 1975 before obtaining his Master’s in Finance and Information Systems from SUNY-Albany in 1978. He spent several years with Chase Manhattan, serving as Senior Vice President of Marketing, Finance and Product Development and Executive Vice President of Servicing before moving up to Head of Chase Home Financing and CEO of Chase Home Finance. He later joined WMI Holdings as President of Retail Banking, then COO and President. Along with his business experience, Rotella is deeply involved in charitable and community efforts. In 2015 he was named chairman of the national board of LIFT, an organization that aids families in poverty. Rotella has also served on the boards of YouthCare, ArtsFund, and the Seattle Foundation.