A sintered ferrite magnet having a main phase composed of ferrite having a hexagonal, M-type magnetoplumbite structure, a grain boundary phase containing Si and Ca with a lower atomic ratio of La than in said main phase, and a third phase containing La at a higher atomic ratio than in said main phase, and a method for producing a sintered ferrite magnet having said third phase by calcining starting materials with more La than Ca, adding more than 1% and 1.8% or less by mass of SiO2 and 1-2% by mass (calculated as CaO) of CaCO3 to the calcined body, and pulverizing, molding and sintering it.