Managing Director, Director of PCG Finance and Administration
Mike Cronkhite is a Managing Director, Director of PCG Finance and Administration for the Private Client Group at Stephens. He has over 24 years of experience in the financial services business. Prior to joining Stephens, Mike was the Controller for Meyer’s Bakeries in Hope, Arkansas.
Prior to that, he worked for over seven years at Arthur Andersen in Little Rock, Arkansas as a Tax Manager, with a practice that emphasized tax and business advisory work. In his role at Arthur Andersen, Mike directed multiple teams on tax compliance and consulting engagements from planning through completion for high net worth individuals, closely held businesses and publicly traded corporations. His varied responsibilities included assisting in developing stock option exercise strategies and multiple disposition strategies for high net worth individuals aimed at minimizing tax exposure.
Since joining Stephens in 2002, Mike works closely with the PCG Financial Consultants to develop customized asset allocation strategies and/or comprehensive wealth management plans (including asset allocation, retirement savings, college savings, insurance needs and general estate planning strategies).
Mike is also available to discuss various income, estate or gift tax issues that might arise. Resolution of the issues may include the development of client specific, customized models. Additionally, Mike and his team develop customized presentations or proposals as requested by the PCG Financial Consultants. As part of the PCG Senior Management Team, he is also involved in various strategic initiatives in support of Stephens’ overall wealth management platform.
Mr. Cronkhite holds a Bachelor of Science in Business Administration from the University of Arkansas. He is a Certified Public Accountant.