Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SLINEY DAVID D
   2. Issuer Name and Ticker or Trading Symbol
STIFEL FINANCIAL CORP [SF] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Dir Strategic Planning & Tech
(Last)
(First)
(Middle)
ONE FINANCIAL PLAZA, 501 N. BROADWAY		 3. Date of Earliest Transaction (Month/Day/Year)
12/27/2017
(Street)

ST. LOUIS, MO 63102-2102		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/27/2017   M   2,277 (1) A $ 0 89,423 D  
Common Stock 12/27/2017   F   1,092 D $ 60.13 88,331 D  
Common Stock 12/27/2017   M   2,277 (2) A $ 0 90,608 D  
Common Stock 12/27/2017   F   1,092 D $ 60.13 89,516 D  
Common Stock 12/27/2017   M   2,277 (3) A $ 0 91,793 D  
Common Stock 12/27/2017   F   1,092 D $ 60.13 90,701 D  
Common Stock 12/27/2017   M   2,053 (4) A $ 0 92,754 D  
Common Stock 12/27/2017   F   984 D $ 60.13 91,770 D  
Common Stock 12/27/2017   M   2,053 (2) A $ 0 93,823 D  
Common Stock 12/27/2017   F   984 D $ 60.13 92,839 D  
Common Stock 12/27/2017   M   2,053 (3) A $ 0 94,892 D  
Common Stock 12/27/2017   F   984 D $ 60.13 93,908 D  
Common Stock 12/27/2017   M   717 (5) A $ 0 94,625 D  
Common Stock 12/27/2017   F   344 D $ 60.13 94,281 D  
Common Stock 12/27/2017   M   717 (4) A $ 0 94,998 D  
Common Stock 12/27/2017   F   344 D $ 60.13 94,654 D  
Common Stock 12/27/2017   M   717 (2) A $ 0 95,371 D  
Common Stock 12/27/2017   F   344 D $ 60.13 95,027 D  
Common Stock 12/27/2017   M   1,836 (6) A $ 0 96,863 D  
Common Stock 12/27/2017   F   880 D $ 60.13 95,983 D  
Common Stock 12/27/2017   M   1,529 (7) A $ 0 97,512 D  
Common Stock 12/27/2017   F   733 D $ 60.13 96,779 D  
Common Stock 12/27/2017   M   1,906 (7) A $ 0 98,685 D  
Common Stock 12/27/2017   F   916 D $ 60.13 97,769 D  
Common Stock 12/27/2017   M   2,248 (8) A $ 0 100,017 D  
Common Stock 12/27/2017   F   1,077 D $ 60.13 98,940 D  
Common Stock 12/27/2017   M   7,307 (7) A $ 0 106,247 D  
Common Stock 12/27/2017   F   3,504 D $ 60.13 102,743 D  
Common Stock 12/27/2017   M   1,802 (7) A $ 0 104,545 D  
Common Stock 12/27/2017   F   864 D $ 60.13 103,681 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units $ 0 12/27/2017   M     2,277   (9)   (10) Common Stock 2,277 $ 0 55,282 D  
Phantom Stock Units $ 0 12/27/2017   M     2,277   (11)   (10) Common Stock 2,277 $ 0 53,005 D  
Phantom Stock Units $ 0 12/27/2017   M     2,277   (12)   (10) Common Stock 2,277 $ 0 50,728 D  
Phantom Stock Units $ 0 12/27/2017   M     2,053   (13)   (10) Common Stock 2,053 $ 0 48,675 D  
Phantom Stock Units $ 0 12/27/2017   M     2,053   (11)   (10) Common Stock 2,053 $ 0 46,622 D  
Phantom Stock Units $ 0 12/27/2017   M     2,053   (12)   (10) Common Stock 2,053 $ 0 44,569 D  
Phantom Stock Units $ 0 12/27/2017   M     717   (14)   (10) Common Stock 717 $ 0 43,852 D  
Phantom Stock Units $ 0 12/27/2017   M     717   (13)   (10) Common Stock 717 $ 0 43,135 D  
Phantom Stock Units $ 0 12/27/2017   M     717   (11)   (10) Common Stock 717 $ 0 42,418 D  
Phantom Stock Units $ 0 12/27/2017   M     1,836   (15)   (10) Common Stock 1,836 $ 0 40,582 D  
Phantom Stock Units $ 0 12/27/2017   M     1,529   (16)   (10) Common Stock 1,529 $ 0 39,053 D  
Phantom Stock Units $ 0 12/27/2017   M     1,906   (16)   (10) Common Stock 1,906 $ 0 37,147 D  
Phantom Stock Units $ 0 12/27/2017   M     2,248   (17)   (10) Common Stock 2,248 $ 0 34,899 D  
Phantom Stock Units $ 0 12/27/2017   M     7,307   (16)   (10) Common Stock 7,307 $ 0 27,592 D  
Phantom Stock Units $ 0 12/27/2017   M     1,802   (16)   (10) Common Stock 1,802 $ 0 25,790 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SLINEY DAVID D
ONE FINANCIAL PLAZA
501 N. BROADWAY
ST. LOUIS, MO 63102-2102		       Dir Strategic Planning & Tech  

Signatures

 DAVID D SLINEY   12/29/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares represent a grant of restricted stock which vest 100% ten years from the original grant date of the phantom stock unit.
(2) Shares represent a grant of restricted stock which vest 100% eight years from the original grant date of the phantom stock unit.
(3) Shares represent a grant of restricted stock which vest 100% nine years from the original grant date of the phantom stock unit.
(4) Shares represent a grant of restricted stock which vest 100% seven years from the original grant date of the phantom stock unit.
(5) Shares represent a grant of restricted stock which vest 100% six years from the original grant date of the phantom stock unit.
(6) Shares represent a grant of restricted stock which vest 100% five years from the original grant date of the phantom stock unit.
(7) Shares represent a grant of restricted stock which vest in 20% increments over a 5 year period from original grant date of the phantom stock unit.
(8) Shares represent a grant of restricted stock which vest in 10% increments over a 10 year period from original grant date of the phantom stock unit.
(9) Currently convertible. Units vest 100% ten years from the original grant date.
(10) No expiration date for these Units.
(11) Currently convertible. Units vest 100% eight years from the original grant date.
(12) Currently convertible. Units vest 100% nine years from the original grant date.
(13) Currently convertible. Units vest 100% seven years from the original grant date.
(14) Currently convertible. Units vest 100% six years from the original grant date.
(15) Currenlty convertible. Units vest 100% five years from the original grant date.
(16) Currently convertible. Units vest in 20% increments over a five year period from original grant date.
(17) Currently convertible. Units vest in 10% increments over ten years from the original grant date.

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