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: Point Broadband

May 10, 2022

Point Broadband (“Point”) was formed in 2017 with a mission to improve lives by delivering 100% fiber networks and best-in-class customer service to underserved areas of rural America. Through partnerships with communities and local utility companies, Point has helped fuel economic development and allowed small-town businesses and families to enjoy a level of broadband connectivity normally only found in big cities.

Stephens Capital Partners (SCP) led a minority investment round into Point in 2019, which provided capital to purchase the remaining ownership interest in an operating subsidiary from its previous owners. The capital SCP provided also helped enable Point to refinance its senior credit facility under more attractive terms. In 2020, SCP further supported Point with an additional equity investment, which helped Point finance three acquisitions, further expanding Point’s geographic reach into three new states.

The COVID-19 pandemic created a significant and rapid increase in telecommuting, distance learning and telehealth services, all of which placed an increased importance on reliable in-home broadband connectivity. This created a dramatic increase in demand for Point’s services over the course of 2020, as many neighboring communities across Point’s footprint urged Point to expand its fiber broadband networks to their communities as quickly as possible.

The heightened awareness of the need for quality broadband led to an enormous amount of attractive capital deployment opportunities, which was much larger than what the shareholder base at Point could reasonably support.

As such, in 2021, Stephens assisted Point Broadband in finding a new majority capital partner, GTCR, which purchased majority control in Point and also provided incremental capital to support Point’s attractive growth opportunities. SCP rolled a significant portion of its invested capital into the new capital structure, and remains a supportive board member and capital partner today.

  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.