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When Witt Stephens began his investment banking career in 1933, he established the Stephens reputation for integrity, intelligence and innovation. From the beginning, the Stephens family philosophy of valuing strong, long-term relationships over individual transactions has set Stephens Inc. apart as a dynamic leader in the banking industry.
In 1946, Jackson T. (Jack) Stephens, Witt's brother, joined the firm. Known as the "Southern Gentlemen of Banking," the Stephens brothers quickly established the firm's reputation for wise investment strategies, astute financial foresight and cutting-edge client services. During his years as CEO of Stephens Inc. (from 1956-1986), Jack Stephens strategically expanded the scope of the firm's investment banking services and products. Jack is largely responsible for the development of the distinctive, personal style for which the company is known today.
Providing the second generation of Stephens' family leadership, Warren Stephens has served as Chief Executive Officer of Stephens Inc. since 1986. Under his visionary directorship, Stephens Inc. continues to ensure that the firm's investments in people and technology keep pace with the market and, more importantly, the expectations of our clients in an increasingly competitive environment.
In 2006, Warren Stephens acquired 100% of the outstanding stock of Stephens Inc.