Stephens Capital Management SCM – Asset Allocation | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Capital Management

Spectrum: Asset Allocation

Our fee-based investment advisory program is comprised of 10 different model portfolios using mutual funds and exchange traded funds (ETFs). The strategies are managed by the Spectrum Investment Committee on a discretionary basis.

Investment Process

The Spectrum Investment Committee oversees investment policy, strategy and security selection. We offer a wide range of strategies, from conservative to aggressive. The process begins with consultations to determine strategy based on the client’s financial goals, time horizon, and risk tolerance. We help clients identify, understand and commit to the appropriate long-term investment objectives.


Our investment process involves the use of strategic and tactical asset allocation methods. We select indices representing various market segments to construct model portfolios. This begins with long-term strategic asset allocation based on modern portfolio theory, which emphasizes diversification to reduce risk and improve portfolio performance. Tactical asset allocation is an active portfolio strategy that allows the Spectrum Investment Committee to adjust a client’s model portfolio exposure based on short or medium-term expectations for economic conditions, valuations and market cycles.

Investment Vehicle Selection