SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 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):
                                February 21, 2001


                             STILWELL FINANCIAL INC.
                             -----------------------
               (Exact name of company as specified in its charter)


            DELAWARE                    001-15253              43-1804048
- ------------------------------   --------------------   ------------------------
 (State or other jurisdiction      (Commission file           (IRS Employer
       of incorporation)               number)           Identification Number)


            920 Main Street, 21st Floor, Kansas City, Missouri 64105
            --------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


                Company's telephone number, including area code:
                ------------------------------------------------
                                (816) 218 - 2400


                                 Not Applicable

          (Former name or former address if changed since last report)








Item 7.          Financial Statements and Exhibits

(c)              Exhibits

                 Exhibit No.    Document

                 (99)           Additional Exhibits

                 99.1           News  release  issued  by  Stilwell  Financial
                                Inc. dated February  21,  2001  reporting  that
                                Stilwell  announced a stock repurchase program
                                for the employees of Janus Capital Corporation,
                                is attached hereto as Exhibit 99.1

                 99.2           Stilwell Financial Inc. Unaudited  Consolidated
                                Condensed Balance Sheets at December  31, 1999
                                and 2000,  is attached hereto as Exhibit 99.2



Item 9.          Regulation FD Disclosure

Stilwell  is  furnishing  under  Item 9 of this  Current  Report on Form 8-K the
information  included  as  Exhibit  99.1 to  this  report.  Exhibit  99.1 is the
Stilwell  news release,  dated  February 21, 2001,  reporting  that Stilwell and
Janus Capital Corporation  ("Janus") expect to repurchase  approximately 197,000
and 143,000  shares,  respectively,  of Janus common  stock from  various  Janus
minority stockholders.

Stilwell  is  furnishing  under  Item 9 of this  Current  Report on Form 8-K the
information  included  as  Exhibit  99.2 to  this  report.  Exhibit  99.2 is the
unaudited Stilwell Consolidated Condensed Balance Sheets as of December 31, 1999
and 2000.

The information in this Current Report on Form 8-K,  including the exhibits,  is
furnished  pursuant  to Item 9 and shall not be  deemed  to be  "filed"  for the
purposes  of  Section 18 of the  Securities  Exchange  Act of 1934 or  otherwise
subject to the liabilities of that Section.





SIGNATURE

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

                                    Stilwell Financial Inc.


DATE: February 27, 2001           BY:        /S/  DOUGLAS E. NICKERSON
                                     -------------------------------------------
                                               Douglas E. Nickerson
                                          Vice President and Controller
                                          (Principal Accounting Officer)