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.

Leadership

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.

Stephens & Williams Racing Partnership

Stephens is the official investment banking partner of Williams Racing, one of the most winning teams in F1 history. We share that tradition of success.

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.

Our Businesses

Capital Management

We provide fiduciary investment strategies to public-and private-sector institutional clients through asset allocation, consulting, and retirement services.

Fixed Income Sales & Trading

Decades of proven performance and experience in providing tailored fixed income trading and underwriting services to major municipal and corporate issuers.

Institutional Equities and Research

Proven industry-leading research, global market insights, and client-focused execution.

Insurance

Customized risk management, property & casualty, executive strategies and employee benefits solutions that protect our clients over the long term.

Investment Banking

We assist companies with accessing capital through innovative advisory and execution services that help firms achieve their strategic goals.

Private Capital

We have been a trusted and reliable source of capital for private companies for over 70 years.

Private Wealth Management

Our experienced Private Client Group professionals develop customized investment strategies to help clients achieve their financial goals.

Public Finance

We are a trusted municipal advisor with proven expertise in public financings. We also work with clients in negotiated and competitive municipal underwritings.

Students and Graduates

Investment Banking Analyst

Name: Stephens Marketing & Communications, Happy Cog, DeSantis Breindel
Price range: $

The Experience

The Stephens Investment Banking Analyst Program is one-of-a-kind in the financial services industry. Our two-year, generalist program offers analysts the best opportunity to learn and prepare for a rewarding career in finance, while making significant contributions to our team.
The program starts with four weeks of intensive training taught by Stephens investment bankers who have gone through the process, and evolves into comprehensive on-the-job experience as analysts assist industry and product teams in advising clients. Our streamlined teams and organizational structure enable analysts to conduct meaningful work on live deals. Numerous former analysts have become senior team members in Investment Banking and other lines of business at Stephens.

During the program, you will have the chance to work on deal structure, financial analysis and modeling, the due diligence process, presentations, client communications and more. Instead of being assigned to a single industry group, analysts work across multiple sectors and services. They take on additional responsibilities based on their individual skill sets; an exceptional second-year analyst can receive work that corresponds to the associate level.

The Analyst Program is the embodiment of Stephen’s commitment to developing young talent. The mentorship I received across levels of seniority created a launchpad for me to grow both professionally and personally after graduating.

Thorn Wilbanks

Associate

The Stephens Analyst Program is the best place to begin your career. The hands-on nature of the Analyst Program, paired with the collaborative culture of the Firm, offers an unmatched opportunity to rapidly expand your skillset.

Luke Grumhaus

Associate

Our opportunities span a variety of our US and EU locations. When you start your application process, you will be able to select your geographic preferences based on the available openings during that recruiting cycle. As Stephens focuses on long-term hires, please carefully consider which geographic location makes the most sense for you when you apply.

We have a superb track record of adding value for small and middle-market companies, as well as global organizations, across all major sectors and with deep expertise on the subsector level. Our transatlantic team, of more than 250 investment banking professionals, has a collaborative approach to addressing the M&A and capital needs of clients, and as an Analyst at Stephens you will play a substantial and critical role.

View our transactions

FAQ

What does the recruiting process look like?

*The following dates are all subject to change. To receive the latest information about info sessions and applications, sign up for our distribution list below.

Typically, campus visits consisting of info sessions occur in early spring. In addition to visiting various campuses, we also host virtual info sessions that anyone is welcome to attend. Applications open on the first business day of August and close towards the end of August. During your application, you will have the ability to select your 1st and 2nd geographic preferences among the locations that have openings that year. These options may change from year-to-year, and we usually won’t disclose which offices will have openings until we post the position. It is important to consider which location you want to be in long-term when selecting your choices.

Interviews begin in September. This typically consists of several virtual interviews and if selected, you will attend a “super day” in the office where you are interviewing. Your super day is usually your last interview, but sometimes you may receive a follow-up virtual interview.

Do you only recruit from certain target schools?

When does the program start?

This material includes testimonials from recent Analysts of Stephens. Viewpoints represent the type of Analyst experience Stephens strives to achieve. The experience of these former Analysts is not necessarily representative of the experience of all Analysts, and no assurance can be given that future Analysts will have similar experiences.