EXHIBIT 21
STIFEL FINANCIAL CORP. AND SUBSIDIARIES
SUBSIDIARIES OF STIFEL FINANCIAL CORP. (1)
STATE OF NAMES UNDER WHICH
NAME INCORPORATION SUBSIDIARY DOES BUSINESS
Stifel, Nicolaus & Missouri Stifel, Nicolaus & Company,
Company, Incorporated Incorporated
Alliance Realty Corp. Missouri Alliance Realty Corp.
Century Securities Missouri Century Securities Associates,
Associates, Inc. Inc.
Stifel, Nicolaus Insurance Arkansas Stifel, Nicolaus Insurance
Agency, Inc. (2) Agency, Inc.
S-N Capital Corp. (2) Missouri S-N Capital Corp.
Stifel Insurance Agency - Ohio Stifel Insurance Agency -
Ohio, Inc. (4) Ohio, Inc.
Stifel Venture Corp. Missouri Stifel Venture Corp.
Pin Oak Capital, Ltd. (3) Missouri Pin Oak Capital, Ltd.
Stifel Asset Management Corp. Missouri Stifel Asset Management Corp.
Stifel CAPCO, L.L.C. Missouri Stifel CAPCO, L.L.C.
Stifel CAPCO II, L.L.C. Missouri Stifel CAPCO II, L.L.C.
(1) Does not include corporations in which registrant owns 50 percent or less
of the stock.
(2) Wholly owned subsidiary of Stifel, Nicolaus & Company, Incorporated.
(3) Wholly owned subsidiary of Stifel Asset Management Corp.
(4) Majority owned subsidiary of Stifel, Nicolaus & Company, Incorporated.
