# STIFEL, NICOLAUS & COMPANY, INCORPORATED

STIFEL, NICOLAUS & COMPANY, INCORPORATED of ST LOUIS, MO is an SEC-registered investment adviser. This firm reports disciplinary history on Form ADV.

## Registration

- CRD: 793
- Type: SEC-registered investment adviser
- SEC file number: 801-10746
- Location: 501 N BROADWAY, ST LOUIS, MO, 63102
- Phone: 314-342-2000
- Latest filing: 2026-07-24
- Regulatory AUM: $197.5B
- Discretionary AUM: $126.8B
- Non-discretionary AUM: $70.7B
- Clients: 6,478
- Accounts: 394,160

## Business model

- Compensation: % of AUM, Fixed, Commissions
- Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities, Investment cos

## Officers, owners & control persons (66)

_Showing 25 of 66 people._

| Name | Role | Location |
| --- | --- | --- |
| James Mark Zemlyak | EXECUTIVE VICE PRESIDENT & DIRECTOR | — |
| Douglas Wayne Noll | PRINCIPAL OPERATIONS OFFICER | — |
| Ronald James Kruszewski | PRESIDENT, CHIEF EXECUTIVE OFFICE & CHAIRMAN OF THE BOARD | — |
| Mark Philip Fisher | GENERAL COUNSEL, SECRETARY | — |
| Paul Joseph Ayd | CHIEF COMPLIANCE OFFICER - CAPITAL MARKETS | — |
| Gina Elizabeth Hyde | CHIEF COMPLIANCE OFFICER - CAPITAL MARKETS | — |
| Frederick Richard Schrick | PRINCIPAL FINANCIAL OFFICER | — |
| Patrick Rodgers Brooks | ROSFP - CAPITAL MARKETS | — |
| Adam Scott Melinger | ROSFP - PCG | — |
| Charles Edward Dodson | CCO ADVISORY SERVICES | — |
| David Dean Sliney | SENIOR VICE PRESIDENT & DIRECTOR | — |
| Geoffrey Clyde Jr Bright | CHIEF COMPLIANCE OFFICER - PRIVATE CLIENT GROUP | — |
| Charles Bradford Green Raymond | CO-HEAD GLOBAL INSTITUTIONAL EQUITIES & ADVISORY | — |
| Victor John Nesi | EXECUTIVE VICE PRESIDENT & DIRECTOR | — |
| STEGELAND GARRY JOSEPH | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER - STIFEL FINANCIAL | — |
| KRUSZEWSKI RONALD JAMES | CHAIRMAN AND CEO; CHAIRMAN, CEO AND DIRECTOR; CHAIRMAN, CEO, PRESIDENT, AND DIRECTOR (+3 more) | — |
| MCCUAIG SCOTT BRADLEY | PRESIDENT & CO-CCO, DIRECTOR; PRESIDENT & CO-COO, DIRECTOR; SENIOR VICE PRESIDENT, DIRECTOR | — |
| ZEMLYAK JAMES MARK | CFO, CO-COO AND DIRECTOR; CHIEF FINANCIAL OFFICER/DIRECTOR; CO-COO AND DIRECTOR (+3 more) | — |
| SCHLAFLY JAMES JOSEPH III | SENIOR VICE PRESIDENT/DIRECTOR | — |
| BURKEMPER BERNARD NEAL | VICE PRESIDENT/CFO; VICE PRESIDENT/CONTROLLER | — |
| PENWELL NANCY ANN | FIRST VICE PRESIDENT/ROSFP; FIRST VICE PRESIDENT/SROP; VICE PRESIDENT/SROP | — |
| KELLAMS MARCIA JOHNSON | CORPORATE SECRETARY | — |
| NOLL DOUGLAS WAYNE | CHIEF OPERATIONS OFFICER; PRINCIPAL OPERATIONS OFFICER | — |
| BELL STEVEN HUGH | DIRECTOR | — |
| IMHOFF MICHAEL FRANCIS | DIRECTOR | — |


## Disclosures (2,825)

_Showing 10 of 89 distinct disclosure events._

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2026-06-29 | regulatory | BETWEEN SEPTEMBER 2020 AND JANUARY 2023, THE FIRM FAILED TO IMPLEMENT RISK MANAGEMENT CONTROLS AND SUPERVISORY PROCEDURES THAT WERE REASONABLY DESIGNED TO PREVENT THE ENTRY OF ERRONEOUS ORDERS. SPECIFICALLY, AND DUE TO A CODING ERROR, THE FIRM FAILED TO APPLY ITS AVERAGE DAILY VOLUME CONTROL FOR OUT… | Final | $70K |
| 2026-06-15 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-06-08 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-04-13 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-04-01 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-03-20 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-02-24 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-02-10 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-01-21 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |
| 2026-01-15 | regulatory | WITHOUT ADMITTING OR DENYING ANY STATEMENTS OF FACTS OR VIOLATIONS OF LAW, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH A SUPERVISORY SYSTEM REASONABLY DESIGNED TO REVIEW AND MONITOR THE CHARGING OF REASONABLE COMMISSIONS TO CUSTOMERS ON CERTAIN LOW PR… | Final | $20K |


## Private funds (22)

Mix: Other Private Fund 21 · Venture Capital Fund 1

_Showing 15 of 22 funds by gross asset value._

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| RC IV LLC | Other Private Fund | Missouri | 59 | $76.7M | $1.0M |
| KCP LIBERTY CITY VENTURES LP | Other Private Fund | Delaware | 75 | $28.8M | $100K |
| KCP BRIDGE 33 FUND LP | Other Private Fund | Delaware | 47 | $27.5M | $100K |
| LEG IV AND OPPORTUNITIES FUND, LLC | Other Private Fund | Missouri | 39 | $25.7M | $250K |
| KCP GREENOAKS V LP | Other Private Fund | Delaware | 39 | $22.8M | $100K |
| KCP ACCOLADE FUND LP | Other Private Fund | Delaware | 27 | $22.0M | $100K |
| KCP FINBACK LP | Other Private Fund | Delaware | 32 | $20.4M | $100K |
| RC V, LLC | Other Private Fund | Missouri | 19 | $19.1M | $250K |
| KCP SEASIDE EQUITY FUND LP | Other Private Fund | Delaware | 40 | $16.5M | $100K |
| KCP VALIANT PEREGRINE FUND II | Other Private Fund | Delaware | 27 | $14.3M | $100K |
| LEG II, LLC | Other Private Fund | Missouri | 35 | $13.9M | $100K |
| KCP VALIANT PEREGRINE FUND LP | Other Private Fund | Delaware | 19 | $12.0M | $100K |
| KCP NORTH BRANCH FUND LP | Other Private Fund | Delaware | 33 | $11.6M | $100K |
| KCP GS II LP | Other Private Fund | Delaware | 26 | $10.7M | $100K |
| MP CONCENTRATED FUND I | Other Private Fund | Missouri | 23 | $9.3M | $25K |


## Branch offices (25)

_Showing 15 of 25 offices._

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| NEW YORK | NY | 136 | (212)328-1000 |
| GARDEN CITY | NY | 69 | (516)663-5200 |
| MORRISTOWN | NJ | 55 | 973-549-4084 |
| DALLAS | TX | 53 | (214)706-9450 |
| SAN FRANCISCO | CA | 48 | (415)364-6800 |
| NEWPORT BEACH | CA | 46 | (949)252-1324 |
| BELLEVUE | WA | 38 | (425)637-3600 |
| CLAYTON | MO | 38 | (314)862-8800 |
| INDIANAPOLIS | IN | 38 | (317)706-1420 |
| BIRMINGHAM | AL | 37 | (205)414-3332 |
| FRONTENAC | MO | 37 | 314-872-8900 |
| FRONTENAC | MO | 35 | (314)556-6700 |
| LOS ANGELES | CA | 34 | (310)208-1329 |
| LOUISVILLE | KY | 31 | (502)425-1230 |
| GOLDEN VALLEY | MN | 30 | 763-542-3700 |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/793/brochure
- Similar advisers: https://search.stillhousedata.com/firm/793/similar
- Related entities: https://search.stillhousedata.com/firm/793/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/793

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.