---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-324847"
form_type: "8-K"
ticker: "SF"
cik: "0000720672"
company_name: "STIFEL FINANCIAL CORP"
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:50:15.442500+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stifel reports record client assets of $553.6B in Nov; fee-based assets up 14% YoY

## Summary
- Total client assets reached a record $553.6B, up 8% YoY and 1% MoM.
- Fee-based client assets $224.7B, up 14% YoY; Private Client Group fee-based $196.5B.
- Treasury deposits $8.73B, nearly doubling YoY (+96%) and up 9% MoM.
- Client money market & insured product $25.7B, down 10% YoY but up 1% MoM.
- CEO cites strong recruiting and market gains; anticipates a strong Q4 despite government shutdown.

## SEC filing metadata
- accession: 0001193125-25-324847
- form_type: 8-K
- ticker: SF
- cik: 0000720672
- company_name: STIFEL FINANCIAL CORP
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720672/000119312525324847/0001193125-25-324847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720672/000119312525324847/d46253d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-324847
- JSON: https://secwatch.observer/filing/0001193125-25-324847.json
- Plain text: https://secwatch.observer/filing/0001193125-25-324847.txt

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