Information Required of Brokers and Dealers (Form X-17A-5)

Report for the Period Beginning	10-01-2024
and Ending	09-30-2025
Type of Registrant	Broker-dealer
	OTC derivatives dealer

Material Weakness
Does this submission include an accountant's report covering the compliance report that indentifies one or more material weaknesses?	Yes No

Name of Broker-dealer

STERN BROTHERS & CO.

Address of Principal Place of Business (Do not use P.O. Box No.)

Address 1	8000 MARYLAND AVE.
Address 2	SUITE 800
City	ST. LOUIS
State/Country	MISSOURI
Mailing Zip/ Portal Code	63105-3911

Name and Telephone Number of Person to Contact in Regard to this Report

Name	Jason Miriani
Telephone Number	3147275519

Independent Public Accountant

Name - if individual, state last, first, and middle name	Crowe LLP
Address 1	485 Lexington Ave, Floor 11
City	New York
State/Country	NEW YORK
Mailing Zip/ Postal Code	10017
Check One	Certified Public Accountant Certified Public Accountant not resident in United States or any of its possessions

Oath or Affirmation

I, Peggy Finn, swear (or affirm) that, to the best of my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of STERN BROTHERS & CO., as of 09-30-2025, are true and correct. I further swear (or affirm) that neither the company nor any partner, proprietor, principal officer or director has any proprietary interest in any account classified solely as that of a customer, except as follows:

Signature	Peggy Finn
Title	Chairperson and Chief Executive Officer

Notary Public

Checking this box acknowledges that this oath or affirmation has been notarized.