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.

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.

Ownership Interests

Case Study: Pioneer Lines

May 10, 2022

Stephens Capital Partners (SCP) had developed a relationship with a deeply experienced partner, Alex Yeros, in the short-line railroad operating space, which did not yield a transaction for many years. SCP patiently nurtured the relationship. Eventually Mr. Yeros approached SCP in 2018 with a unique opportunity in the industry: Pioneer Lines (“Pioneer”), which had 15 rail properties across the Midwest and Southern U.S.

At the time, Pioneer was a company in need of significant enhancements to its organizational and operational efficiencies, as well as protections from contingent liabilities. The partner subsequently made progress on these liability issues, and approached SCP with the opportunity to acquire Pioneer at a large discount to market value. The acquisition was consummated in 2019.

The partner sought out SCP for multiple reasons. These included the stature Stephens possessed in certain Southern states in which Pioneer had been operating, as well as for introductions to potential new customers on railroads.

After three years, executive leadership at Pioneer has moved the headquarters from Peoria, Illinois, to Denver, hired and created an industry-leading team, and greatly improved the facilities and operating practices. Financial results have reflected these improvements.

In addition, shareholders began considering liquidity alternatives, amid high valuation metrics for short-line railroads and due to the strength of the management team as a potential asset for a much larger rail platform.

  1. Information is current as of May 10, 2022 This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources that we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion.