Stifel Sees 17% Client Asset Growth and 88% Treasury Deposit Surge
SF•Excluding the sale of Stifel Independent Advisors LLC, total client assets rose 17% to $568.9 billion and fee-based assets grew 22% to $232.4 billion. Treasury deposits jumped 88% to $11.1 billion and net bank loans expanded 9% to $23.4 billion on stronger venture and fund banking activity.
1. April Operating Highlights
Stifel Financial reported total client assets of $568.9 billion, up 17% year over year, and fee-based assets of $232.4 billion, up 22%, excluding the divested Independent Advisors business.
2. Deposit and Loan Trends
Treasury deposits rose to $11.1 billion, an 88% increase, while net bank loans climbed 9% to $23.4 billion, driven by robust venture and fund banking activity.
3. Exclusion of Advisor Sale
Year-over-year comparisons omit $9.0 billion in total assets and $4.2 billion in fee-based assets sold with Stifel Independent Advisors LLC on February 2, 2026.




