Stifel Financial Corp. (NYSE: SF) reported total client assets of $568.9 billion as of April 30, 2026, representing a 17% increase from the same period last year, according to the company's monthly operating data released May 28.

Fee-based client assets reached $232.4 billion, marking a 22% year-over-year increase. The Private Client Group's fee-based client assets totaled $202.9 billion, also up 22% from April 2025.

The St. Louis-based financial services firm reported bank loans of $23.4 billion, a 9% increase from the previous year. Treasury deposits grew significantly to $11.1 billion, representing an 88% year-over-year increase and a 7% rise from March 2026.

Client money market and insured product balances declined to $25.0 billion, down 4% from April 2025 and 7% from the previous month.

"Excluding the sale of Stifel Independent Advisors, LLC, total and fee-based client assets rose 19% and 25% year over year, respectively, driven by market appreciation and continued success in recruiting productive financial advisors," said Ronald J. Kruszewski, Chairman and Chief Executive Officer.

Kruszewski noted that Treasury Deposits increased by 7% in April as venture banking delivered growth, helping to offset seasonal declines in client money market balances. Loan growth strengthened during the month, increasing more than $1.2 billion as fund banking activity rose.

The company noted that April 2025 figures included $9.0 billion in total client assets and $4.2 billion in Private Client Group fee-based client assets from the Stifel Independent Advisors business, which was sold on February 2, 2026.