Stifel Reports Y/Y Rise in Client & Fee-Based Assets for April 2025

Core Insights - Stifel Financial Corp. reported year-over-year increases in client and fee-based assets for April 2025 despite equity market volatility [1][2] Group 1: Operating Results - Total client assets rose 7% year over year in April 2025 to $485.6 million, driven by market appreciation and successful recruitment of financial advisors [2] - Fee-based client assets increased 11% year over year in April to $190.5 million, remaining steady compared to March 2025 [2] - Private Client Group's fee-based client assets were $166 million as of April 30, 2025, up 11% from the previous year and flat with the prior quarter [3] - Bank loans, net, including loans held for sale, were $21.5 million as of April 2025, reflecting an 8% year-over-year increase and a 1% sequential increase [3] Group 2: Client Balances - Client money market and insured product balances decreased by 1% year over year and 5% sequentially in April, attributed to typical seasonality affecting smart rate and sweep deposits [4] Group 3: Market Performance - Stifel's total client assets and fee-based assets growth indicates strong client engagement and portfolio value [5] - A rise in bank loans suggests a positive trend in lending activities and revenue growth [5] - Stifel shares have declined 19.2% over the past six months, contrasting with a 0.8% rise in the industry [6]