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.

Stephens Spotlights

Q&A | Dennis Hunt, EVP and Head of Public Finance

Apr 18, 2022

Dennis Hunt, Executive Vice President and Head of Public Finance at Stephens, shares his perspective on how our bankers work with local and state-level entities to achieve their funding goals.

1. How has Public Finance evolved as a group over the last several years?

The focus of Public Finance over the past few years has been to expand our presence within our existing markets. For example, in our Texas market we recently hired two professionals to initiate a business model serving public education clients. Alfred Ray, Vice President, is a former schools superintendent in that state who holds a doctorate in education. Brian Garcia, Senior Vice President, has worked on hundreds of financings for municipal issuers across the country throughout his career.

2. To what do you attribute your team’s success during that time?

In a word: teamwork. Our strategy has been to encourage the creation of teams of Public Finance bankers, in order to develop long-lasting relationships with our clients. At many firms, bankers operate independent of each other and rarely collaborate on projects. We have found great success doing the opposite, so we will continue to build strong and successful teams in each of our markets. This enables us to be more responsive for clients, and to generate better solutions for them.

3. Are there specific qualities you look for when recruiting top talent?

While we look for highly qualified Public Finance professionals, our key considerations for recruiting talent are the individual’s integrity and strong ethical standards. We seek professionals who embrace the unique culture of Stephens, are committed to acting in the best interests of our clients, and value improving the communities where they work more than simply accumulating a series of transactions. Serving as a trusted advisor to our clients is always my top priority when recruiting talent.

4. What kind of projects demonstrate how your team provides innovative client solutions?

Since 2017, Congress has prohibited most advance refundings of tax-exempt municipal bonds. We have been fortunate to help many issuers access Cinderella Bonds as a means of achieving their refunding goals over the past several years. Our approach has enabled clients to benefit from the low interest rate environment that has prevailed during that time period. Through this financing mechanism, clients still can achieve fairly significant savings on their outstanding debt.

5. How does Public Finance plan to build on its momentum in the years ahead?

Our future success is contingent on our client relationships. First I want to thank our current clients that have entrusted our firm to address their financing needs over the years. As we move forward, our strategy is to enlarge our current market footprint. While we do so, we always will keep in mind that our top priority is maintaining the responsiveness and personal attention that our clients expect and deserve. As we grow, we will continue to effectively focus on each and every client.

About the Expert

Dennis R. Hunt

Executive Vice President, Head of Public Finance, Public Finance

Read full bio
  1. This article was prepared for informative purposes only and is not an offer to buy or sell any securities. It does not purport to be a complete description of the securities, markets or developments referred to in the article or to include all information needed to evaluate any transaction.