content: SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C. 20549
  
  
  
  
                              FORM 8-K
  
  
  
                           CURRENT REPORT
  
               PURSUANT TO SECTION 13 OR 15(d) OF THE
                   SECURITIES EXCHANGE ACT OF 1934
  
  
  
   Date of Report (Date of Earliest Event Reported):  July 2, 1997
  
  
  
                       STIFEL FINANCIAL CORP.
       (Exact Name of Registrant as specified in its Charter)
  
  
  
        Delaware               1-9305              43-1273600
       (State of          (Commission File        (IRS Employer
     Incorporation)           Number)          Identification No.)
  
  
  
                         500 North Broadway
                   St. Louis, Missouri 63102-2188
    (Address of principal executive offices, including zip code)
  
  
  
  
                           (314) 342-2000
        (Registrant's telephone number, including area code)
  
  <PAGE> 
  
  Item 5.  Other Event
  
       On  July  2, 1997, Stifel Financial Corp. (the "Registrant")
  announced  that Gregory F. Taylor, Director, President and  Chief
  Executive  Officer  of both Stifel Financial  Corp.  and  Stifel,
  Nicolaus  &  Company, Incorporated (the Registrant's wholly-owned
  broker-dealer subsidiary) will resign effective July 31, 1997.
  
       A   search  committee  has  been  appointed  to  select  the
  successor CEO and will begin its work immediately. In the interim
  period,  Stifel  will  be  managed by  its  six-person  Operating
  Committee  of  which  Mr.  Lawrence  E.  Somraty  will  serve  as
  Chairman.
  
       Mr. Taylor has other endeavors he would like to explore. The
  Board  of  Directors announced that he has agreed  to  serve  the
  company, in a consulting relationship.
  
  
  
  Item  7.   Financial Statements, Pro Forma Financial  Information
  and Exhibits
  
    (a)   Financial Statements of Businesses Acquired.
  
          None.
  
    (b)   Pro Forma Financial Information.
  
          None.
  
    (c)   Exhibits.
  
          Exhibit 99:  Press Release
  
  
  <PAGE>
  
  
                              SIGNATURE
  
       Pursuant to the requirements of the Securities Exchange  Act
  of  1934, the registrant has duly caused this report to be signed
  on its behalf by the undersigned hereunto duly authorized.
  
                                STIFEL FINANCIAL CORP.
  
  
  
  Date:  July 9, 1997           By:       /s/  Stephen J. Bushmann
                                 Name:    Stephen J. Bushmann
                                 Title:   Chief Financial Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K; DATED JULY 2, 1997", "secsgml_size_bytes": 2444}]
metadata_filer: {"company-data": {"conformed-name": "STIFEL FINANCIAL CORP", "cik": "0000720672", "assigned-sic": "6211", "irs-number": "431273600", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09305", "film-number": "97638646"}, "business-address": {"street1": "500 N. BROADWAY", "street2": "14TH FLOOR", "city": "ST LOUIS", "state": "MO", "zip": "63102-2188", "phone": "3143422000"}, "mail-address": {"street1": "500 N BROADWAY", "city": "ST LOUIS", "state": "MO", "zip": "63102-2188"}}
text: SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C. 20549
  
                              FORM 8-K
  
                           CURRENT REPORT
  
               PURSUANT TO SECTION 13 OR 15(d) OF THE
                   SECURITIES EXCHANGE ACT OF 1934
  
   Date of Report (Date of Earliest Event Reported):  July 2, 1997
  
                       STIFEL FINANCIAL CORP.
       (Exact Name of Registrant as specified in its Charter)
  
        Delaware               1-9305              43-1273600
       (State of          (Commission File        (IRS Employer
     Incorporation)           Number)          Identification No.)
  
                         500 North Broadway
                   St. Louis, Missouri 63102-2188
    (Address of principal executive offices, including zip code)
  
                           (314) 342-2000
        (Registrant's telephone number, including area code)
  Item 5.  Other Event
  
       On  July  2, 1997, Stifel Financial Corp. (the "Registrant")
  announced  that Gregory F. Taylor, Director, President and  Chief
  Executive  Officer  of both Stifel Financial  Corp.  and  Stifel,
  Nicolaus  &  Company, Incorporated (the Registrant's wholly-owned
  broker-dealer subsidiary) will resign effective July 31, 1997.
  
       A   search  committee  has  been  appointed  to  select  the
  successor CEO and will begin its work immediately. In the interim
  period,  Stifel  will  be  managed by  its  six-person  Operating
  Committee  of  which  Mr.  Lawrence  E.  Somraty  will  serve  as
  Chairman.
  
       Mr. Taylor has other endeavors he would like to explore. The
  Board  of  Directors announced that he has agreed  to  serve  the
  company, in a consulting relationship.
  
  Item  7.   Financial Statements, Pro Forma Financial  Information
  and Exhibits
  
    (a)   Financial Statements of Businesses Acquired.
  
          None.
  
    (b)   Pro Forma Financial Information.
  
          None.
  
    (c)   Exhibits.
  
          Exhibit 99:  Press Release
  SIGNATURE
  
       Pursuant to the requirements of the Securities Exchange  Act
  of  1934, the registrant has duly caused this report to be signed
  on its behalf by the undersigned hereunto duly authorized.
  
                                STIFEL FINANCIAL CORP.
  
  Date:  July 9, 1997           By:       /s/  Stephen J. Bushmann
                                 Name:    Stephen J. Bushmann
                                 Title:   Chief Financial Officer