Stephens

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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 bettering the communities where we live and operate. We do this by supporting corporate philanthropy, economic and financial literacy advocacy, and professional success.

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.

Stephens & Atlassian Williams F1 Team

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.

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.

Expertise

Education

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.

Healthcare

Stephens can help finance medical facility projects, tech upgrades, and accessibility improvements for hospitals, including single specialty, general acute care, and children’s hospitals.

Public Safety

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.

Recreation

Stephens can help finance recreation projects of all sizes—parks, arenas, convention centers, and more—to enhance community life at city, county, and state levels.

Transportation

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.

Utilities

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.

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Stephens Spotlights

Case Study: Education

Apr 14, 2025

The 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.

Proceeds of the bonds will be used for a wide range of projects. They have the potential to provide more robust educational opportunities for students, add to the district’s available extracurricular venues, and enhance its ability to monitor energy usage.

Safety and security installations and renovations are set to occur at Longview High School. Construction projects include a Career & Technical Education Center for the district; a district transportation facility; a kindergarten and Pre-K facility; multi-purpose indoor facilities; and an aquatics facility.

Other renovations include district-wide energy savings equipment and the district’s early graduation facility. Improvements to sports facilities, as well as to the middle school and high school stadiums, also are planned.

Alfred Ray, Senior Vice President in Stephens Public Finance, served as the lead banker for the firm. This was the first time that Stephens served as an underwriter on the financing team for the Longview Independent School District. The bonds were rated AAA by Fitch and Aaa by Moody’s Investor Service.

As a member of the underwriting syndicate, our member orders exceeded our liability across all maturities and were placed with the senior manager early in the order period. Our Public Finance and Fixed Income Sales Teams focus on best execution for our clients, whether we are serving as Senior Manager or Co-Manager for our underwriting clients.