Stephens Spotlights
We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.
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 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.
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.
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 is the official investment banking partner of Williams Racing, one of the most winning teams in F1 history. We share that tradition of success.
We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.
We provide fiduciary investment strategies to public-and private-sector institutional clients through asset allocation, consulting, and retirement services.
Decades of proven performance and experience in providing tailored fixed income trading and underwriting services to major municipal and corporate issuers.
Proven industry-leading research, global market insights, and client-focused execution.
Customized risk management, property & casualty, executive strategies and employee benefits solutions that protect our clients over the long term.
We assist companies with accessing capital through innovative advisory and execution services that help firms achieve their strategic goals.
We have been a trusted and reliable source of capital for private companies for over 70 years.
Our experienced Private Client Group professionals develop customized investment strategies to help clients achieve their financial goals.
We are a trusted municipal advisor with proven expertise in public financings. We also work with clients in negotiated and competitive municipal underwritings.
Stephens Spotlights
The Alabama Corrections Institution Finance Authority issued $509 million of Revenue Bonds to replace outdated correctional facilities, to provide incarcerated individuals with decent living conditions and to ensure prison personnel have a safer work environment. Stephens served as Senior Managing Underwriter. The bonds were rated AA by Fitch, Aa2 by Moody’s Investor Service, and AA- by S&P Global Ratings.
The proceeds of these bonds are an important component to meeting the state's objectives: ensuring corrections standards are met, technology is upgraded, and operational expenses are contained. The project includes multipurpose spaces to improve mental health and promote rehabilitation.
Prior to Stephens serving the client, outside social pressures had prompted a prominent bank to step away from its efforts of financing Alabama’s new correctional facilities. Stephens conducted an intensive investor education process to inform investors about the project, particularly due to the controversy surrounding incarceration.
On both days, Stephens went out to price the bonds in the market, and again, on the day before sought to close the financing, lawsuits were filed on behalf of prisoners regarding the financing. Yet Stephens succeeded in ensuring that institutional investors participated in the issuance so the firm could complete a successful financing. Stephens alone accounted for $854 million of priority orders of the more than $1 billion in orders received.
Unlike many bulge bracket firms, Stephens, a privately held, family-owned company, remains committed to focusing on the needs of our clients, undeterred by the continually shifting sentiments of external factors.