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[Deloitte & Touche LLP letterhead]
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Registration Statement of the Stifel Financial Corp. Equity Incentive Plan for Non-Employee Directors on Form S-8 of our report dated March 10, 2000, and incorporated by reference in the Annual Report on Form 10-K of Stifel Financial Corp. for the year ended December 31, 1999.
/s/ Deloitte & Touche LLP
St. Louis, Missouri
December 21, 2000
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