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 bettering the communities where we live and operate. We do this by supporting corporate philanthropy, economic and financial literacy advocacy, and professional success.
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.
Stephens is the official investment banking partner of Williams Racing, one of the most winning teams in F1 history. We share that tradition of success.
We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.
Stephens can help finance education projects for K-12, colleges, and universities—including facility upgrades, classroom technology, student housing, and resources for teachers and staff.
Stephens can help finance medical facility projects, tech upgrades, and accessibility improvements for hospitals, including single specialty, general acute care, and children’s hospitals.
Stephens can help finance Public Safety projects supporting first responders, including fire, police, EMT services, and correctional facilities, to enhance emergency response and public protection.
Stephens can help finance transportation projects of all sizes—from crosswalks to airports—supporting commerce and community connection through roads, bridges, railways, ports, and more.
Stephens can help finance utility projects—water, sewer, electric, broadband, and more—supporting essential services with a solutions-focused approach to ESG risks for community infrastructure.
Stephens Spotlights
Case Study: Recreation Apr 14, 2025The City of Starkville, Mississippi, issued $12.56 million of General Obligation Public Improvement Bonds for a Parks and Recreation Improvements Project. Stephens served as Municipal Advisor on the issuance for the City.
Stephens Spotlights
Case Study: Education Apr 14, 2025The Longview Independent School District (ISD), a political subdivision of the State of Texas located in Gregg County, issued $190.08 million of Unlimited Tax School Building Bonds. Stephens served as a Co-Manager.
Stephens Spotlights
Case Study: Healthcare Apr 14, 2025Pulaski County, Arkansas, issued $128.15 million of Hospital Revenue Bonds to provide funds needed for improvements to Arkansas Children's Hospital (ACH).
Stephens Spotlights
Case Study: Public Safety Apr 14, 2025The Alabama Corrections Institution Finance Authority issued $509 million of Revenue Bonds to replace outdated correctional facilities, to provide incarcerated individuals with decent living conditions and to ensure prison personnel have a safer work environment.
Stephens Spotlights
"How Stephens helps to navigate millage rollback complexities" with Kevin Faught Mar 3, 2025A unique challenge arises in rapidly expanding areas during a countywide reappraisal or reassessment, when a school district’s property assessments increase by more than 10% in a single year,(taking into consideration newly discovered real property and new construction and improvements to real property), as Arkansas law requires a millage rollback.
Stephens Spotlights
A Q&A with Vice President Lindsey Ollar Dec 4, 2024While Stephens Public Finance advisors are out meeting with school district officials, Vice President Lindsey Ollar spends much of her time supporting the Stephens’ team internally on a wide array of mission-critical tasks, from providing in-depth analytical support and debt modeling to transaction management. This provides the bankers with important data that they use to generate actionable insights and conduct successful transactions for clients.
Market Trends
At Stephens Public Finance, Comprehensive Service Means Constant Guidance Feb 12, 2024Stephens’ public finance practice dates back more than 90 years and is headquartered here in Little Rock. The firm has additional public finance offices throughout the Southeast in Fayetteville, Atlanta, Dallas, Jackson, and Nashville. The depth of resources at Stephens, combined with our trusted and experienced advisors, can assist you with a range of services to meet your needs.
Stephens Spotlights
The Economy & Strategies
Achieving Client Success "The Stephens Approach" Jan 29, 2024Alfred Ray, Vice President in Public Finance discusses why "The Stephens Approach," focused on achieving the best financing possible for our clients, is a key differentiator. From iconic venues such as the Louisiana Superdome, to vital institutions including the Arkansas Children’s Hospital, and even to small-town elementary schools in Texas, Stephens’ commitment is steadfast.
Market Trends
Public Finance | 2023 Mid-Year Review Aug 23, 2023Welcome to the Stephens Public Finance 2023 Mid-Year Review. I am thrilled to share with you this summary of our insights and activities from the first half of 2023. Our bankers have captured their best ideas and distilled them into actionable takeaways for the municipal market.
Market Trends
2023 Outlook – 2022 Year In Review | Public Finance Jan 11, 2023Public Finance is unlike any other area of banking and financial services in that the need for clean water, safe schools, and efficient civic infrastructure doesn’t abate when interest rates rise or a recession hits. No matter how challenging the environment, we never take a break from working with our clients to accomplish their goals.