Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 240

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 2
Chunk 240
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The following table sets forth the location, approximate square footage, and use of each of the principal properties used by our company during the year ended December 31, 2024. We own our executive offices in St. Louis, Missouri. We lease or sublease a majority of these properties under operating leases. Such leases expire at various times through 2039.

    Location
     
    Approximate Square Footage

    Use

    St. Louis, Missouri

    450,000

    Headquarters and administrative offices of Stifel,   Global Wealth Management operations (including SIA),   and Institutional Group operations

    New York, New York

    289,000

    Global Wealth Management and Institutional Group operations

    Baltimore, Maryland

    132,000

    Institutional Group operations and Administrative offices

    San Francisco, California

    74,000

    Global Wealth Management and Institutional Group operations

We also maintain operations in 459 leased offices in various locations throughout the United States and in certain foreign countries, primarily for our broker-dealer business. We lease 389 private client offices. Our Institutional Group segment leases 70 offices in the United States and certain foreign locations. We believe that, at the present time, the space available to us in the facilities under our current leases and co-location arrangements are suitable and adequate to meet our needs and that such facilities have sufficient productive capacity and are appropriately utilized.

Leases for the branch offices of our independent contractor firms are the responsibility of the respective independent financial advisors.

See Note 20 of the Notes to Consolidated Financial Statements for additional information regarding our lease obligations.

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