

                                                                    Exhibit 23.1



                          INDEPENDENT AUDITORS' CONSENT



     We consent to the incorporation by reference in this Registration Statement
of Stifel  Financial,  Corp.  on Form S-3 of our  reports  dated  March 10, 2000
appearing in and  incorporated by reference in the Annual Report on Form 10-K of
Stifel Financial Corp. for the year ended December 31, 1999 and to the reference
to us under  the  heading  "Experts"  in the  Prospectus,  which is part of this
Registration Statement.



/s/ Deloitte & Touche LLP

July 11, 2000
St. Louis, Missouri



