---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-220089"
form_type: "8-K"
ticker: "SF"
cik: "0000720672"
company_name: "STIFEL FINANCIAL CORP"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:27:03.301816+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Stifel reports July 2023 client assets up 8% YoY to $426.7B; cash sorting slows

## Summary
- Total client assets $426.7B, up 8% from $394.7B YoY and 2% from June 2023.
- Fee-based client assets $158.0B, up 6% YoY; Private Client Group fee-based $138.7B, up 6%.
- Client money market/insured product $25.0B, down 4% YoY; cash sorting continues to slow.
- Bank loans $20.8B, up 4% YoY; recruiting activity very strong per CEO Kruszewski.
- Ranked No. 1 in employee advisor segment of J.D. Power 2023 U.S. Financial Advisor Satisfaction Study.

## SEC filing metadata
- accession: 0001193125-23-220089
- form_type: 8-K
- ticker: SF
- cik: 0000720672
- company_name: STIFEL FINANCIAL CORP
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720672/000119312523220089/0001193125-23-220089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720672/000119312523220089/d505719d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-220089
- JSON: https://secwatch.observer/filing/0001193125-23-220089.json
- Plain text: https://secwatch.observer/filing/0001193125-23-220089.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.