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<TITLE>Stifel Financial Corp - Form S-8</TITLE>
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<B><FONT SIZE=3>
<P ALIGN="CENTER">As filed with the Securities and Exchange Commission on February 13, 2007</P>
<P ALIGN="RIGHT">Registration No.&nbsp;333-______</P>
<P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION<BR>Washington, D.C.  20549</P>
<P ALIGN="CENTER">______________________</P>
<P ALIGN="CENTER">AMENDMENT No. 2<BR>TO<BR>FORM S-8<BR>Registration Statement<BR>Under<BR>The Securities Act of 1933</P>
<P ALIGN="CENTER">______________________</P>
</B></FONT><FONT SIZE=1><P ALIGN="CENTER"></P>
</FONT><B><FONT SIZE=4><P ALIGN="CENTER">STIFEL FINANCIAL CORP.</P>
</B></FONT><FONT SIZE=2><P ALIGN="CENTER">(Exact name of registrant as specified in its charter)</P></FONT>
<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=685>
<TR><TD WIDTH="50%" VALIGN="TOP">
<B><U><FONT SIZE=2><P ALIGN="CENTER">Delaware</P>
</B></U><P ALIGN="CENTER">(State or other jurisdiction of <BR>incorporation or organization)</P>
<P ALIGN="CENTER"></FONT></TD>
<TD WIDTH="50%" VALIGN="TOP">
<B><U><FONT SIZE=2><P ALIGN="CENTER">43-1273600</P>
</B></U><P ALIGN="CENTER">(I.R.S. Employer<BR>(Identification Number)</FONT></TD>
</TR>
<TR><TD WIDTH="50%" VALIGN="TOP">
<B><FONT SIZE=2><P ALIGN="CENTER">501 North Broadway<BR>St. Louis, Missouri</P>
</B></U><P ALIGN="CENTER">(Address of principal executive offices)</FONT></TD>
<TD WIDTH="50%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER"></P>
<B><U><P ALIGN="CENTER">63102</P>
</B></U><P ALIGN="CENTER">(Zip Code)</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<B><FONT SIZE=3><P ALIGN="CENTER">______________________</P>
</FONT><FONT SIZE=4><P ALIGN="CENTER">STIFEL FINANCIAL CORP. 2001 INCENTIVE STOCK PLAN</P>
</FONT><FONT SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">DAVID M. MINNICK, ESQ.<BR>General Counsel<BR>Stifel Financial Corp.<BR>501 North Broadway<BR>St. Louis, Missouri  63102</P>
</B><P ALIGN="CENTER">(Name and address of agent for service)</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Telephone number, including area code, of agent for service: <B>(314) 342-2000</P>
<P ALIGN="CENTER">______________________</P>
</B><P ALIGN="CENTER">Copy to:</P>
<B><P ALIGN="CENTER">ROBERT M. LAROSE, ESQ.<BR>Thompson Coburn LLP<BR>One Firstar Plaza<BR>St. Louis,  Missouri  63101<BR>(314) 552-6000</P>
</B><P ALIGN="CENTER"></P>
</FONT><FONT SIZE=2><P ALIGN="CENTER">CALCULATION OF REGISTRATION FEE</P></FONT>
<P ALIGN="CENTER"><CENTER><TABLE BORDER CELLSPACING=2 CELLPADDING=6 WIDTH=700>
<TR><TD WIDTH="19%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">Title of Securities to be <BR>
Registered</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">Amount to be Registered</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">Proposed Maximum Offering Price Per Share<SUP>(1)</SUP></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">Proposed Maximum Aggregate Offering Price<SUP>(1)</SUP></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">Amount of Registration<BR>
Fee</FONT></TD>
</TR>
<TR><TD WIDTH="19%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">Common Stock, $0.15 par value</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">2,000,000 shares</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">$46.23</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">$92,460,000</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT SIZE=2><P ALIGN="CENTER">$9,893.22</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<FONT SIZE=1><DIR>
<DIR>

</FONT><SUP><FONT SIZE=2><P>(1)&#9;</SUP>Includes one attached Preferred Share Purchase Right per share.</P>

<SUP><P>(2)</SUP>&#9;Estimated solely for purposes of computing the Registration Fee pursuant to the provisions of Section 457(h), based upon the average of the high and low sale prices of common stock, $0.15 par value, of the Registrant as reported on the New York Stock Exchange on February 9, 2007.</P></DIR>
</DIR>

</FONT><B><FONT SIZE=3><P ALIGN="CENTER">______________________</P>
</B>
<P ALIGN="CENTER" ><FONT SIZE=2 COLOR ="#708090"><I> Page 1</I></FONT><BR>
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<B><P ALIGN="CENTER">STIFEL FINANCIAL CORP<BR>2001 INCENTIVE STOCK PLAN<BR>Amendment No. 2</P>
<P ALIGN="CENTER"></P>

</B><U><P ALIGN="CENTER">EXPLANATORY NOTE</P>
</U><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;This Amendment No. 2 to Registration Statement on Form S-8 is being filed by Stifel Financial Corp. (the "Registrant") in connection with the registration of an additional 2,000,000 shares of common stock, $0.15 par value per share ("Common Stock"), for issuance to participants under the Stifel Financial Corp. 2001 Incentive Stock Plan (the "Plan").  The contents of the Registration Statements on Form S-8 (Reg. No. 333-82328 &amp; Reg. No. 333-105756) filed by the Registrant with the Securities and Exchange Commission (the "Commission") on February 7, 2002 and June 2, 2003, are incorporated herein by reference.  </P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;The board of directors of the Registrant amended and restated the Plan in August 2005, and such amendment and restatement was approved by the Registrant's stockholders on October 26, 2005.  In addition to reserving an additional two million (2,000,000) shares of the Registrant's Common Stock for issuance under the Plan, this amendment and restatement of the Plan increased the maximum number of shares that may be issued to an individual in any calendar year from 133,000 shares to 200,000 shares, and increased the trigger for change of control events from 15% to 20%.  The Plan, as amended and restated, is attached as Appendix I to the Registrant's Proxy Statement on Schedule 14A (File No. 001-09305), filed by the Registrant with the Commission on September 28, 2005, and is hereby incorporated by reference into this registration statement.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">Item 8.  <U>Exhibits</U>.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY"><DIR>&#9;See Exhibit Index on page 5 hereof.</P></DIR>
<P ALIGN="CENTER" ><FONT SIZE=2 COLOR ="#708090"><I> Page 2 </I></FONT><BR>
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<B>

<P ALIGN="CENTER">SIGNATURES</P>
</B><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;<B>The Registrant</B>.  Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this Amendment No. 2 to Registration Statements (Reg. No. 333-82328 &amp; Reg. No. 333-105756) to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Louis, State of Missouri, on February 13, 2007.</P>
<P ALIGN="JUSTIFY"></P><DIR>
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<P ALIGN="JUSTIFY">STIFEL FINANCIAL CORP.</P>
<P ALIGN="JUSTIFY"></P>

<P ALIGN="JUSTIFY">By  <U>/s/  Ronald J. Kruszewski&#9;</P>
</U><P ALIGN="JUSTIFY">&#9;Ronald J. Kruszewski<BR>&#9;Chairman, President and Chief Executive Officer</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>

<P ALIGN="JUSTIFY">&#9;Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.</P>
<P ALIGN="JUSTIFY"></P></FONT>
<Center><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=800>
<TR><TD WIDTH="36%" VALIGN="TOP">
<B><U><P ALIGN="JUSTIFY">Signature</P>
<P ALIGN="JUSTIFY"></P>
<TD WIDTH="37%" VALIGN="TOP">
<B><U><P ALIGN="CENTER">Title</B></U></TD>
<TD WIDTH="27%" VALIGN="TOP">
<B><U><P ALIGN="CENTER">Date</P>
<P ALIGN="JUSTIFY"></B></U></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Ronald J. Kruszewski&#9;&#9;</u><BR>Ronald J. Kruszewski<BR>Principal Executive Officer</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Chairman of the Board, President,<BR>
Chief Executive Officer, and Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ James M. Zemlyak&#9;&#9;</u><BR>James M. Zemlyak<BR>Principal Financial Officer and<BR>Principal Accounting Officer</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Senior Vice President, <BR>
Chief Financial Officer,<BR>
 Treasurer, and Director<BR>
</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Robert J. Baer&#9;</u><BR>Robert J. Baer</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Bruce A. Beda&#9;&#9;</u><BR>Bruce A. Beda</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Charles A. Dill&#9;&#9;</u><BR>Charles A. Dill</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ John P. Dubinsky&#9;&#9;</u><BR>John P. Dubinsky</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Richard F. Ford&#9;</u><BR>Richard F. Ford</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Frederick O. Hanser&#9;</u><BR>Frederick O. Hanser</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P>/s/ Richard J. Himelfarb &#9;</u><BR>Richard J. Himelfarb</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">&#9;*&#9;</u><BR>Robert E. Lefton</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Scott B. McCuaig&#9;</u><BR>Scott B. McCuaig</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Thomas P. Mulroy&#9;</u><BR>Thomas P. Mulroy </P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ James M. Oates&#9;&#9;</u><BR>James M. Oates</P>
<P ALIGN="JUSTIFY"></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
<TR><TD WIDTH="36%" VALIGN="TOP">
<U><FONT SIZE=3><P ALIGN="JUSTIFY">/s/ Joseph A. Sullivan&#9;</u><BR>Joseph A. Sullivan</P>
<U><P ALIGN="JUSTIFY"></U></FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">Director</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">February 13, 2006</FONT></TD>
</TR>
</TABLE>

<FONT SIZE=3>
<P ALIGN="JUSTIFY">*By <U>/s/ Ronald J. Kruszewski</u><BR>&#9;Ronald J. Kruszewski<BR>&#9;Attorney-in-fact</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;Ronald J. Kruszewski, by signing his name hereto, does sign this document on behalf of the individuals named above, pursuant to a power of attorney duly executed by such individuals, previously filed as Exhibit 24.1 to the Registration Statement on Form S-8 filed on February 7, 2002. </P>

<P ALIGN="CENTER" ><FONT SIZE=2 COLOR ="#708090"><I> Page 3 </I></FONT><BR>
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<B><U><P ALIGN="CENTER">EXHIBIT INDEX</P>
</B></U><P ALIGN="JUSTIFY"></P></FONT>
<Center><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="14%" VALIGN="TOP">
<B><U><FONT SIZE=3><P ALIGN="CENTER">Exhibit No.</B></U></FONT></TD>
<TD WIDTH="74%" VALIGN="TOP"><B><U><FONT SIZE=3><P ALIGN="CENTER">Description</B></U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">
<B><U><FONT SIZE=3><P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></B></U></FONT></TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">4.1(a)</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Restated Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on June 1, 1983, incorporated herein by reference to Exhibit&nbsp;3.1 to the Company's Registration Statement on Form S-1, as amended (Registration File No. 2-84232) filed July 19, 1983.</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">4.1(b)</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Amendment to Restated Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on May 11, 1987, incorporated herein by reference to Exhibit 3(a)(2) to the Company's Annual Report on Form 10-K (File No. 1-9305) for the fiscal year ended July 31, 1987.</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">4.1(c)</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Amendment to Restated Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on November 28, 1989, incorporated herein by reference to Exhibit 3(a)(4) to the Company's Annual Report on Form 10-K (File No. 1-9305) for the fiscal year ended July 27, 1990.</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">4.2</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Amended and Restated By-Laws of the Company, incorporated herein by reference to Exhibit 3(b)(1) to the Company's Annual Report on Form 10-K (File No. 1-9305) for the fiscal year ended July 30, 1993.</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">5.1</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Opinion of Thompson Coburn as to the legality of the securities being registered.*</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">23.1</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Consent of Deloitte &amp; Touche LLP.*</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">23.2</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Consent of Thompson Coburn (included in Exhibit 5.1).</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">24.1</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Power of Attorney (set forth on signature page hereto).**</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">99.1</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Stifel Financial Corp. 2001 Incentive Stock Plan, attached as Appendix I to the Registrant's Proxy Statement on Schedule 14A (File No. 001-09305), filed by the Registrant with the Commission on September 28, 2005, and incorporated herein by reference.</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
</TR>
</TABLE>

<U><FONT SIZE=3><P ALIGN="JUSTIFY">&#9;&#9;&#9;</P>
</U><P ALIGN="JUSTIFY">*&#9;Filed herewith</P>
<P ALIGN="JUSTIFY">**&#9;Previously filed</P>
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Stifel Financial Corp - Form S-8
As filed with the Securities and Exchange Commission on February 13, 2007
Registration No. 333-______
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
______________________
AMENDMENT No. 2
TO
FORM S-8
Registration Statement
Under
The Securities Act of 1933
______________________
STIFEL FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
43-1273600
(I.R.S. Employer
(Identification Number)
501 North Broadway
St. Louis, Missouri
(Address of principal executive offices)
63102
(Zip Code)
______________________
STIFEL FINANCIAL CORP. 2001 INCENTIVE STOCK PLAN
DAVID M. MINNICK, ESQ.
General Counsel
Stifel Financial Corp.
501 North Broadway
St. Louis, Missouri  63102
(Name and address of agent for service)
Telephone number, including area code, of agent for service:
(314) 342-2000
______________________
Copy to:
ROBERT M. LAROSE, ESQ.
Thompson Coburn LLP
One Firstar Plaza
St. Louis,  Missouri  63101
(314) 552-6000
CALCULATION OF REGISTRATION FEE
Title of Securities to be
Registered
Amount to be Registered
Proposed Maximum Offering Price Per Share
(1)
Proposed Maximum Aggregate Offering Price
(1)
Amount of Registration
Fee
Common Stock, $0.15 par value
2,000,000 shares
$46.23
$92,460,000
$9,893.22
(1)	Includes one attached Preferred Share Purchase Right per share.
(2)	Estimated solely for purposes of computing the Registration Fee pursuant to the provisions of Section 457(h), based upon the average of the high and low sale prices of common stock, $0.15 par value, of the Registrant as reported on the New York Stock Exchange on February 9, 2007.
______________________
Page 1
STIFEL FINANCIAL CORP
2001 INCENTIVE STOCK PLAN
Amendment No. 2
EXPLANATORY NOTE
This Amendment No. 2 to Registration Statement on Form S-8 is being filed by Stifel Financial Corp. (the "Registrant") in connection with the registration of an additional 2,000,000 shares of common stock, $0.15 par value per share ("Common Stock"), for issuance to participants under the Stifel Financial Corp. 2001 Incentive Stock Plan (the "Plan").  The contents of the Registration Statements on Form S-8 (Reg. No. 333-82328 & Reg. No. 333-105756) filed by the Registrant with the Securities and Exchange Commission (the "Commission") on February 7, 2002 and June 2, 2003, are incorporated herein by reference.
The board of directors of the Registrant amended and restated the Plan in August 2005, and such amendment and restatement was approved by the Registrant's stockholders on October 26, 2005.  In addition to reserving an additional two million (2,000,000) shares of the Registrant's Common Stock for issuance under the Plan, this amendment and restatement of the Plan increased the maximum number of shares that may be issued to an individual in any calendar year from 133,000 shares to 200,000 shares, and increased the trigger for change of control events from 15% to 20%.  The Plan, as amended and restated, is attached as Appendix I to the Registrant's Proxy Statement on Schedule 14A (File No. 001-09305), filed by the Registrant with the Commission on September 28, 2005, and is hereby incorporated by reference into this registration statement.
Item 8.
Exhibits
.
See Exhibit Index on page 5 hereof.
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SIGNATURES
The Registrant
.  Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Amendment No. 2 to Registration Statements (Reg. No. 333-82328 & Reg. No. 333-105756) to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Louis, State of Missouri, on February 13, 2007.
STIFEL FINANCIAL CORP.
By
/s/  Ronald J. Kruszewski
Ronald J. Kruszewski
Chairman, President and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/ Ronald J. Kruszewski
Ronald J. Kruszewski
Principal Executive Officer
Chairman of the Board, President,
Chief Executive Officer, and Director
February 13, 2006
/s/ James M. Zemlyak
James M. Zemlyak
Principal Financial Officer and
Principal Accounting Officer
Senior Vice President,
Chief Financial Officer,
Treasurer, and Director
February 13, 2006
/s/ Robert J. Baer
Robert J. Baer
Director
February 13, 2006
/s/ Bruce A. Beda
Bruce A. Beda
Director
February 13, 2006
/s/ Charles A. Dill
Charles A. Dill
Director
February 13, 2006
/s/ John P. Dubinsky
John P. Dubinsky
Director
February 13, 2006
/s/ Richard F. Ford
Richard F. Ford
Director
February 13, 2006
/s/ Frederick O. Hanser
Frederick O. Hanser
Director
February 13, 2006
/s/ Richard J. Himelfarb
Richard J. Himelfarb
Director
February 13, 2006
*
Robert E. Lefton
Director
February 13, 2006
/s/ Scott B. McCuaig
Scott B. McCuaig
Director
February 13, 2006
/s/ Thomas P. Mulroy
Thomas P. Mulroy
Director
February 13, 2006
/s/ James M. Oates
James M. Oates
Director
February 13, 2006
/s/ Joseph A. Sullivan
Joseph A. Sullivan
Director
February 13, 2006
*By
/s/ Ronald J. Kruszewski
Ronald J. Kruszewski
Attorney-in-fact
Ronald J. Kruszewski, by signing his name hereto, does sign this document on behalf of the individuals named above, pursuant to a power of attorney duly executed by such individuals, previously filed as Exhibit 24.1 to the Registration Statement on Form S-8 filed on February 7, 2002.
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EXHIBIT INDEX
Exhibit No.
Description
4.1(a)
Restated Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on June 1, 1983, incorporated herein by reference to Exhibit 3.1 to the Company's Registration Statement on Form S-1, as amended (Registration File No. 2-84232) filed July 19, 1983.
4.1(b)
Amendment to Restated Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on May 11, 1987, incorporated herein by reference to Exhibit 3(a)(2) to the Company's Annual Report on Form 10-K (File No. 1-9305) for the fiscal year ended July 31, 1987.
4.1(c)
Amendment to Restated Certificate of Incorporation of the Company filed with the Secretary of State of Delaware on November 28, 1989, incorporated herein by reference to Exhibit 3(a)(4) to the Company's Annual Report on Form 10-K (File No. 1-9305) for the fiscal year ended July 27, 1990.
4.2
Amended and Restated By-Laws of the Company, incorporated herein by reference to Exhibit 3(b)(1) to the Company's Annual Report on Form 10-K (File No. 1-9305) for the fiscal year ended July 30, 1993.
5.1
Opinion of Thompson Coburn as to the legality of the securities being registered.*
23.1
Consent of Deloitte & Touche LLP.*
23.2
Consent of Thompson Coburn (included in Exhibit 5.1).
24.1
Power of Attorney (set forth on signature page hereto).**
99.1
Stifel Financial Corp. 2001 Incentive Stock Plan, attached as Appendix I to the Registrant's Proxy Statement on Schedule 14A (File No. 001-09305), filed by the Registrant with the Commission on September 28, 2005, and incorporated herein by reference.
*	Filed herewith
**	Previously filed
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