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 corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.
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.
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.
The Federal Reserve Open Market Committee (FOMC) released their decision earlier today and raised the federal funds rate by 75 bps to a range of 2.25-2.50%. Commentary from the news release reported a strong emphasis on elevated inflation due to continued supply and demand disruptions, higher energy prices and broader price pressures. Overall economic activity edged lower with recent indicators pointing to consumer spending and production weakening.
However, the job market has remained relatively strong with low unemployment.
The FOMC is committed to achieving full employment and price stabilization with a target inflation rate of 2% over the longer term. Committee members continue to observe a wide range of economic factors and are prepared to adjust monetary policy if the attainment of the goals are jeopardized.
The Federal Reserve Dot Plot is the graphical representation of each committee member’s interest rate outlook, which currently points to further increases. We will get members updated expectations at the next FOMC meeting, which is scheduled for September 20-21, 2022.
NOTE: Each shaded circle indicates the value (rounded to the nearest 1/8 percentage point) of an individual participant’s judgment of the midpoint of the appropriate target range for the federal funds rate or the appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run. One participant did not submit longer-run projections for the federal funds rate.
2022 Committee Members: Jerome H. Powell (Chair), John C. Williams (Vice Chair), Michelle W. Bowman, Lael Brainard, James Bullard, Lisa D. Cook, Esther L. George, Philip N. Jefferson, Loretta J. Mester, Christopher J. Waller Alternate Members: Meredith Black, Charles L. Evans, Patrick Harker, Naureen Hassan, Neel Kashkari