STILWELL FINANCIAL INC
8-K, EX-99.2, 2000-11-03
FINANCE SERVICES
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EXHIBIT 99.2

Media Contact: Kekst & Co.                  STILWELL
      Robert Siegfried (212-521-4832)       FINANCIAL INC.
      Michael Herley (212-521-4897)
                                                   920 Main Street, 21st Floor
                                                  Kansas City, Missouri  64105

Investors Contact:                                            NYSE Symbol:  SV
  Landon H. Rowland (816-218-2416)
    Chairman, President and CEO

  Douglas E. Pittman (816-218-2415)    Release No. 2000-07    November 1, 2000
    Manager of Investor Relations

                                  {News Release}

                             STILWELL FINANCIAL INC.
                   REPORTS ASSETS UNDER MANAGEMENT INFORMATION
                             AS OF OCTOBER 31, 2000



Kansas City, Missouri

Stilwell Financial Inc.  ("Stilwell";  the "Company";  NYSE: SV) today announced
that  assets  under  management  as of the close of market on October  31,  2000
totaled  approximately  $300 billion.  Average  assets under  management for the
month of October 2000 totaled  approximately  $301  billion.  For the ten months
ended October 31, 2000,  average assets under management were approximately $307
billion.

The primary  entities  comprising  Stilwell are Janus  Capital  Corporation,  an
approximately 82.3% owned subsidiary; Berger LLC, of which Stilwell owns 100% of
the preferred  limited  liability company interests and approximately 88% of the
regular limited liability company  interests;  Nelson Money Managers Plc, an 80%
owned  subsidiary;  DST Systems,  Inc., an equity  investment in which  Stilwell
holds an approximately 32% interest;  and miscellaneous  other  subsidiaries and
equity investments.

                                   * * * * * * * * * *

This press  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those factors identified in Stilwell's  Registration  Statement on Form 10 dated
June 15,  2000 and  filed  by the  Company  with  the  Securities  and  Exchange
Commission  (Commission  file no.  001-15253).  The Company  will not update any
forward-looking  statements  in this press  release to reflect  future events or
developments.

                              ............. The End




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