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    SEC Form 13F-HR filed by Stifel Financial Corporation

    11/12/25 1:44:51 PM ET
    $SF
    Investment Bankers/Brokers/Service
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    SEC FORM 13F-HR

    The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
    The reader should not assume that the information is accurate and complete.

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 13F

    FORM 13F COVER PAGE

    OMB APPROVAL
    OMB Number: 3235-0006
    Estimated average burden
    hours per response: 23.8

    Report for the Calendar Year or Quarter Ended: 09-30-2025
    Check here if Amendment    Amendment Number:
    This Amendment (Check only one.):    is a restatement.
       adds new holdings entries.
    Institutional Investment Manager Filing this Report:
    Name: STIFEL FINANCIAL CORP
    Address: ATTN: JAMES G. LASCHOBER
    501 N. BROADWAY
    ST. LOUIS, MO  63102-2102
    Form 13F File Number: 028-04621
    CRD Number (if applicable):
    SEC File Number (if applicable):

    The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

    Person Signing this Report on Behalf of Reporting Manager:
    Name: James M. Zemlyak
    Title: President
    Phone: 314 342-2000
    Signature, Place, and Date of Signing:
    /s/ James M. Zemlyak St. Louis,  MO 11-12-2025
    [Signature] [City, State] [Date]
    Report Type (Check only one.):
    X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
       13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
       13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
    Form 13F Summary Page
    Report Summary:
    Number of Other Included Managers: 7
    Form 13F Information Table Entry Total: 9,480
    Form 13F Information Table Value Total: 109,529,357,252
    (round to nearest dollar)
    List of Other Included Managers:
    Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
    [If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
    No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
    1 STIFEL NICOLAUS & CO INC \MO\ 028-06972 000000793 801-10746 0000948905
    2 EquityCompass Investment Management 028-13156 000145420 801-69131 0001442676
    3 Stifel Independent Advisors, LLC 028-13699 000028218 801-43561 0001483835
    4 1919 Investment Counsel, LLC 028-11345 000133370 801-63656 0001324943
    5 Stifel Trust Company, N.A. 028-06397     0001135986
    6 Stifel Trust Co Delaware, N.A. 028-16086     0001592412
    7 Washington Crossing Advisers LLC 028-19513 000281511 801-108807 0001725950

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