Broker-dealer firm · St Louis, MO
Stifel, Nicolaus & Company, Incorporated
SEC-registered investment adviser · CRD 793 · SEC 801-10746
At a glance
Stifel, Nicolaus & Company, Incorporated is an SEC-registered investment adviser based in St Louis, Missouri, with $197.5 billion in regulatory assets under management as of its Form ADV filed September 15, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 230,676 individual clients. By Form ADV it is a broker-dealer firm, ranked 16th of 391 broker-dealer firms and 134th of 17,210 SEC-registered advisers by assets.
Main office 314-342-2000sullivanwmg-stifel.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $198B
- Rank among broker-dealer firms
- #16 of 391
- Rank among all SEC RIAs
- #134 of 17,210
- Rank in Missouri
- #7 of 196
- Individual clients
- 230,676
- High-net-worth clients
- 73,687
- Accounts
- 394,160
- Discretionary
- 64% of AUM
- Employees
- 6,478
- Advisory staff
- 3,079
- Offices
- 518
Owners and executives on its Form ADV
- James Mark ZemlyakExecutive Vice President & Director
- Ronald James KruszewskiPresident, Chief Executive Office & Chairman of the Board
- Mark Philip FisherGeneral Counsel, Secretary
- Paul Joseph AydChief Compliance Officer - Capital Markets
- Gina Elizabeth HydeChief Compliance Officer - Capital Markets
- Frederick Richard SchrickPrincipal Financial Officer
- Patrick Rodgers BrooksRosfp - Capital Markets
- Adam Scott MelingerRosfp - PCG
- Charles Edward DodsonCCO Advisory Services
- David Dean SlineySenior Vice President & Director
- Geoffrey Clyde Jr BrightChief Compliance Officer - Private Client Group
- Charles Bradford Green RaymondCo-Head Global Institutional Equities & Advisory
Custody and brokerage
Custodian
Stifel, Nicolaus & Company, Incorporated’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Stifel, Nicolaus & Company, Incorporated is a hybrid RIA: 5,097 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Keefe, Bruyette & Woods, Inc., Stifel Europe AG, Stifel Hong Kong Limited, Stifel Nicolaus Canada Inc., Stifel Nicolaus Europe Limited, Stifel Nicolaus Israel LTD. and Stifel Schweiz AG.
- Keefe, Bruyette & Woods, Inc. ↗CRD 481
An introducing broker-dealer: its trades clear through Stifel, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
- Stifel Europe AG
- Stifel Hong Kong Limited
- Stifel Nicolaus Canada Inc.
- Stifel Nicolaus Europe Limited
- Stifel Nicolaus Israel LTD.
- Stifel Schweiz AG
Its Form ADV brochure (filed April 2026) names Stifel, Nicolaus & Company as the broker-dealer its advisers are registered with.
In addition to being registered representatives of Stifel, some of our management persons may be registered representatives of these affiliated broker-dealers.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 73,687 | $137B | 70% |
| Individuals | 156,989 | $41B | 21% |
| Corporations or other businesses | 1,967 | $6.2B | 3% |
| Charitable organizations | 1,426 | $5.3B | 3% |
| Banking or thrift institutions | 551 | $2.7B | 1% |
| Pension and profit sharing plans | 1,481 | $2.6B | 1% |
| State or municipal government entities | 47 | $1.8B | <1% |
| Pooled investment vehicles | 22 | $367M | <1% |
| Sovereign wealth funds and foreign official institutions | 13 | $135M | <1% |
| Insurance companies | – | $32M | <1% |
| Other | 8 | $2M | <1% |
Private funds
Stifel, Nicolaus & Company, Incorporated reports 22 private funds with $367M in gross assets: venture capital funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Stifel, Nicolaus & Company, Incorporated answers yes to 214 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗sullivanwmg-stifel.com ↗
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The full record on Stifel, Nicolaus & Company, Incorporated
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Rank against 30 peers of its type and size
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- 13 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Stifel, Nicolaus & Company, Incorporated manage?
Stifel, Nicolaus & Company, Incorporated reports $197.5 billion in regulatory assets under management across 394,160 accounts, 64% of it on a discretionary basis, on its Form ADV filed September 15, 2026.
What kind of firm is Stifel, Nicolaus & Company, Incorporated?
Stifel, Nicolaus & Company, Incorporated is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Stifel, Nicolaus & Company, Incorporated’s clients?
By assets, its largest client types are high-net-worth individuals ($137.4 billion, 73,687 clients); individuals ($41.0 billion, 156,989 clients); corporations or other businesses ($6.2 billion, 1,967 clients).
Does Stifel, Nicolaus & Company, Incorporated manage private funds?
Yes. It reports 22 private funds with $367 million in gross assets, including venture capital funds, other private funds.
Does Stifel, Nicolaus & Company, Incorporated have any disciplinary history?
Stifel, Nicolaus & Company, Incorporated answers yes to 214 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Stifel, Nicolaus & Company, Incorporated’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-15), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →