Stifel client assets hit record $587.62 billion as of Aug. 31, 2026
SF•Stifel reported total client assets of $587.62 billion as of Aug. 31, 2026, up 10% year over year. It expects third-quarter net revenue to be essentially flat from a year earlier, with Institutional Group revenue down about 15%.
1. Assets reach record
Stifel reported total client assets of $587.62 billion as of Aug. 31, 2026, up 10% year over year. Fee-based client assets rose 14% to $244.38 billion, including $214.19 billion at the Private Client Group.
2. Balances and outlook
Net bank loans totaled $25.64 billion, up 18% year over year and essentially flat from July 31, 2026. Client money market and insured product balances fell 8% year over year and 3% month over month to $23.44 billion. Stifel expects third-quarter net revenue to be essentially flat versus the third quarter of 2025, while Institutional Group net revenue is seen down about 15%.
