-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000720672-06-000080.txt : 20060516
<SEC-HEADER>0000720672-06-000080.hdr.sgml : 20060516
<ACCEPTANCE-DATETIME>20060516103601
ACCESSION NUMBER:		0000720672-06-000080
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060512
FILED AS OF DATE:		20060516
DATE AS OF CHANGE:		20060516

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STIFEL FINANCIAL CORP
		CENTRAL INDEX KEY:			0000720672
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				431273600
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ATTN: JAMES G. LASCHOBER
		STREET 2:		501 N. BROADWAY
		CITY:			ST. LOUIS
		STATE:			MO
		ZIP:			63102-2102
		BUSINESS PHONE:		314-342-2000

	MAIL ADDRESS:	
		STREET 1:		ATTN: JAMES G. LASCHOBER
		STREET 2:		501 N. BROADWAY
		CITY:			ST. LOUIS
		STATE:			MO
		ZIP:			63102-2102

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KELLAMS MARCIA J
		CENTRAL INDEX KEY:			0001203678

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09305
		FILM NUMBER:		06844378

	MAIL ADDRESS:	
		STREET 1:		501 NORTH BROADWAY
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63102
</SEC-HEADER>
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<SEQUENCE>1
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<DESCRIPTION>PRIMARY DOCUMENT
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        <issuerTradingSymbol>SF</issuerTradingSymbol>
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            <rptOwnerState>MO</rptOwnerState>
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                <footnoteId id="F4"/>
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                <value>2011-04-25</value>
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    <footnotes>
        <footnote id="F1">Currently exercisable.</footnote>
        <footnote id="F2">No expiration date for these Units.</footnote>
        <footnote id="F3">Phantom stock units vest in 33 1/3% increments on 1/1/04, 1/1/05 and 1/1/06.</footnote>
        <footnote id="F4">Various exercisable dates.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>MARCIA J. KELLAMS</signatureName>
        <signatureDate>2006-05-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
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-----END PRIVACY-ENHANCED MESSAGE-----