Public Finance Management & Investment Banking | Stephens

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.


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.

Public Finance

Public Finance | 2023 Mid-Year Review

In this summary of our insights and activities from the first half of 2023, Stephens Public Finance bankers have captured their best ideas and distilled them into actionable takeaways for the municipal market.

Since 1933, we have provided access for public and non-profit entities to meet their capital needs.

Featured Transactions

The Kershaw County and Lee County Regional Water Authority in South Carolina issued $25.34 million in Water System Improvement Revenue Bonds, to support a water well and other planned projects. Stephens was proud to serve as underwriter.

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Stephens served as underwriter to the City of Heber Springs, Arkansas, on its successful issuance of sales and use tax bonds totaling $16.25 million. The bonds will go toward improvements including park and recreational facilities, drainage, streets and sidewalks, and the fire department.

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Crowley Independent School District in Texas is poised to see the construction, acquisition, and equipment of school buildings thanks to $11.78 million in Unlimited Tax School Building Bonds. Key projects will include renovation of Ryan YMCA facilities for competition use. Stephens served as senior manager.

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Our Perspectives