8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant To Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 28, 2006

STIFEL FINANCIAL CORP.
(Exact name of registrant as specified in its charter)

Delaware
(State of incorporation) 1-9305
(Commission File Number) 43-1273600
(IRS Employer
Identification No.)

One Financial Plaza
501 North Broadway
St. Louis, Missouri 63102-2102
(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code (314) 342-2000

___________________________N/A___________________________
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 1.01 Entry into a Material Definitive Agreement

On November 28, 2006, Stifel, Nicolaus & Company, Incorporated, Stifel Financial Corp.'s principal subsidiary, announced that it has entered into a long-term lease at One South Street in Baltimore's central business district. The lease, which covers 76,000 square feet, is among the largest leasing transactions in downtown Baltimore in recent years. This space will provide a platform to house Stifel Nicolaus' extensive Baltimore operations and support the firm's growth plans.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this Form 8-K are "forward-looking statements" within the meaning of U.S. federal securities laws. Stifel intends that these statements be covered by the safe harbors created under these laws. These forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from future results expressed or implied by the forward-looking statements. Many of these factors and events are beyond Stifel's ability to control or predict. Given these uncertainties, readers are cautioned not to place undue reliance on the forward-looking statements, which only speak as of the date of this Form 8-K. Stifel does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this Form 8-K or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

The information in this exhibit attached hereto will not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of such section, nor will such information or exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Exhibit 99.1:  Press release issued on November 28, 2006.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	STIFEL FINANCIAL CORP.
Date: November 28, 2006	By: /s/ Ronald J. Kruszewski
	Name: Ronald J. Kruszewski Title: President and Chief Executive Officer

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Exhibit Index

Exhibit No.	Description
99.1	Press release issued on November 28, 2006.

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EX-99

STIFEL FINANCIAL CORP.
Form 8-K Dated November 28, 2006
Exhibit 99.1: Press Release

[Stifel Nicolaus logo] Stifel Nicolaus News

One Financial Plaza | 501 North Broadway | St. Louis, MO 63102 | (314) 342-2000

STIFEL NICOLAUS LEASES
76,000 SQUARE FEET FOR BALTIMORE
CAPITAL MARKETS BUSINESS

ST. LOUIS, November 28, 2006 - Stifel, Nicolaus & Company, Incorporated announced today that it has entered into a long-term lease at One South Street in Baltimore's central business district. The lease, which covers 76,000 square feet, is among the largest leasing transactions in downtown Baltimore in recent years. This space will provide a platform to house Stifel Nicolaus' extensive Baltimore operations and support the firm's growth plans.

Stifel Nicolaus is the principal subsidiary of Stifel Financial Corp. (NYSE: "SF"), which on December 1, 2005, acquired the Capital Markets business (Investment Banking, Institutional Sales & Trading, Research, and Fixed Income) of Legg Mason, Inc. That business, headquartered in Baltimore, has occupied its former space in the Legg Mason Tower since the acquisition.

Stifel Nicolaus' Investment Banking, Institutional Sales & Trading, Research, and Fixed Income Capital Markets divisions will occupy floors 15, 16, and 17 at One South Street. The firm has also leased the 30^th floor, which will be the future Baltimore office of Stifel's Private Client Group. Additionally, the Stifel Nicolaus name will soon become part of the Baltimore Skyline, as the lease includes prominent building-top signage.

"We are very excited about this new home for our Capital Markets Headquarters at a great location in Baltimore's financial district," said Ronald J. Kruszewski, chairman and chief executive officer of Stifel Financial Corp. and Stifel, Nicolaus & Company, Incorporated. "This lease underscores our commitment to the City of Baltimore, the State of Maryland, and the more than 420 associates who joined us as part of the merger with Legg Mason Capital Markets in December 2005."

As the one-year anniversary of Stifel Nicolaus' merger with Legg Mason Capital Markets approaches, the firm recently reported that the combined capital markets revenue (sales, trading, and investment banking) grew to a record $155.2 million for the first nine months of 2006.

Overview of Stifel Nicolaus

One of the largest middle-market investment banks
1,850 employees in over 120 offices throughout the U.S. and in Europe
Corporate headquarters in St. Louis
Capital markets headquarters in Baltimore

Equity Research

Leading "off Wall Street" equity research franchise
47 senior research analysts covering 585 companies

Investment Banking

Extensive capital raising experience and mergers & acquisitions experience.
Since 2000, Stifel Nicolaus Capital Markets (including Legg Mason transactions) has completed:
Over 692 public offerings totaling $165 billion in value
Over 297 M&A transactions totaling $22 billion in value
Over 284 private placements totaling $12 billion in value

Institutional Sales & Trading

163-person Institutional Equity Sales & Trading team
110-person Institutional Fixed Income Sales & Trading group
25 offices including 3 European locations

Private Client Group

680 investment executives (including independent contractors affiliated with Century Securities Associates)
100 offices in 23 states
Over $32 billion in assets under management

Recent Stifel Nicolaus Developments:

Announced Pending Acquisition of Private Client Group of Minneapolis-based Miller Johnson Steichen Kinnard, Inc.
Announced Pending Acquisition of First Service Financial Co., a bank holding company

"As the largest Capital Markets firm in Maryland, and as one of the largest middle-market investment banking firms in the U.S, we look forward to building upon Baltimore's strong Capital Markets heritage and to expanding our Private Client Group footprint into the highly attractive Mid-Atlantic market," said Richard J. Himelfarb, executive vice president and head of investment banking.

Stifel, Nicolaus & Company, Incorporated is a full-service brokerage and investment banking firm founded in 1890 and headquartered in St. Louis, Missouri. Stifel, Nicolaus & Company, Incorporated operates 121 offices in 27 states and the District of Columbia and 3 European offices through Stifel Nicolaus Limited. A full range of investments, including stocks, corporate and municipal bonds, mutual funds, annuities, insurance, options, and managed assets accounts is available through the firm. Stifel Nicolaus is the largest subsidiary of Stifel Financial Corp. and is a member of SIPC and listed on the New York Stock Exchange under the symbol "SF" To learn more about Stifel, please visit the company's web site at www.stifel.com.

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For further information,
contact James M. Zemlyak
Chief Financial Officer
Stifel Financial Corp.
(314) 342-2228