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.
The Bureau of Economic Analysis (BEA) released their initial reading of Q3 gross domestic product (GDP) and reported that the economy increased by 2.6%, an upturn after two consecutive quarters of negative GDP. The chart below shows GDP percent change since Q4 2018.
Details from the release revealed increases in exports, consumer spending, nonresidential fixed investment and government spending at the federal, state and local levels. Personal consumption, which makes up more than 2/3 of the GDP, increased during the quarter due to a rise in services, particularly health care. This offset a decline in goods with notable weaknesses in motor vehicles as well as food and beverage.
This reading is subject to revisions as more data becomes available. The next release of Q3 GDP numbers will be November 30.
Source: U.S. Bureau of Economic Analysis