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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 bettering the communities where we live and operate. We do this by supporting corporate philanthropy, economic and financial literacy advocacy, and professional success.

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 & Atlassian Williams F1 Team

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.

Capital Thinking

Energy Year-end Series | M&A

Feb 24, 2026

Corporate M&A activity across the energy sector has accelerated, driven by a renewed focus on scale, inventory depth, and long-term value creation. In this feature, Stephens’ Energy Investment Banking team discusses recent transactions—including public and private mergers—and what they reveal about how companies are navigating the 2026 market environment.

The conversation explores why sponsors and management teams are increasingly choosing mergers over outright sales, particularly when upside may not be fully reflected in current valuations. The team also examines how consolidation is reshaping the middle market, the growing importance of public-company scale, and why gas-weighted assets are currently leading corporate M&A activity.

Watch the full feature for insight into where corporate M&A may be trending, how companies are positioning for growth amid commodity volatility, and why strategic combinations are becoming an important part of today’s energy landscape.

About the Experts

Keith Behrens

Managing Director, Head of Energy & Clean Energy Transition, Investment Banking

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Brad Nelson

Managing Director, Investment Banking

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Evan Smith

Senior Vice President, Investment Banking

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