In 2002 , Ryan Beck , a New Jersey-based investment banking firm , announced the acquisition of the bulk of the operations Gruntal . Following the acquisition , the Gruntal name which had been used since the early 1900s was retired . The firm , which had already been struggling to compete with the bulge bracket investment banks suffered the temporary loss of its headquarters after the September 11 attacks . The firm was located at 1 Liberty Plaza , across the street from the World Trade Center . Gruntal had already been eliminating certain businesses , including its corporate bond trading department in July 2001 . In 2007 , Ryan Beck & Co. was sold to Stifel Financial
September 11 attacks
September 11 attacks
Gruntal & Co.