---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-281520"
form_type: "8-K"
ticker: "SF"
cik: "0000720672"
company_name: "STIFEL FINANCIAL CORP"
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T23:02:07.493219+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Stifel reports Oct total client assets of $404.1B, down 2% from Sept

## Summary
- Total client assets $404.1B, down 2% MoM (Sept $412.5B) but up 6% YoY.
- Fee-based client assets $147.7B, down 2% MoM; Private Client Group fee-based $129.7B.
- Bank loans net $20.7B, up 1% MoM; client money market/insured product $25.2B, down 1% MoM.
- CEO cites lower equity markets for MoM declines, but notes continued strength in recruiting.
- Client cash levels increased modestly from Sept due to growth in money market funds and T-bills.

## SEC filing metadata
- accession: 0001193125-23-281520
- form_type: 8-K
- ticker: SF
- cik: 0000720672
- company_name: STIFEL FINANCIAL CORP
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720672/000119312523281520/0001193125-23-281520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720672/000119312523281520/d813081d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-281520
- JSON: https://secwatch.observer/filing/0001193125-23-281520.json
- Plain text: https://secwatch.observer/filing/0001193125-23-281520.txt

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