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Stephens Inc.

 
Hoover's Profile: Stephens Inc.
Contact Information
Stephens Inc.
111 Center St.
Little Rock, AR 72201
AR Tel. 501-377-2000
Toll Free 800-643-9691
Fax 501-377-2470

Type: Private
On the web: http://www.stephens.com

Those who bristle at the carrying-on of those highfalutin Wall Street bankers may take some comfort in Stephens -- one of the largest investment banking firms based outside New York City. The company, founded in 1933, offers a variety of services, including advice for IPOs and mergers and acquisitions, as well as public financing, institutional stock and bond trading, insurance brokerage and advisory services, and equity research. It also provides asset management for individual and institutional investors. Chairman, president, and CEO Warren Stephens, the nephew of founder Witt Stephens, acquired 100% of the outstanding stock of Stephens in 2006.

Key numbers for fiscal year ending December, 2008:
Sales: $1,835.0M

Officers:
Chairman, President, and CEO: Warren A. Stephens
COO and Director: Curt Bradbury
CFO: Mark Doramus

Competitors:
Goldman Sachs
Jefferies Group
Morgan Keegan

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Wikipedia: Stephens Inc.
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Stephens Inc. headquarters in downtown Little Rock.

Stephens Inc. is a full service, privately owned investment bank based in Little Rock, Arkansas.

Contents

History

Stephens Inc. was founded in 1933 by W.R. Witt Stephens. His brother, Jackson T. Stephens joined the firm in 1946 and served as Chairman of the Board and CEO of Stephens Inc. from 1956 to 1986. Since 1986 Warren Stephens, Jack's son, has served as CEO of Stephens Inc. In 1970, Stephens Inc. (along with Wall Street firm White Weld & Co.) brought Wal-Mart public in an IPO.

Quick facts

  • Employs over 700 people.
  • Has 24 offices worldwide.
  • Since the beginning of 1999, has led or co-managed 50 public offerings, raising over $13.2 billion, and delivered 38 fairness opinions.
  • Over the last 5 years, has advised clients on over 120 merger and acquisition transactions with aggregate transaction value in excess of $43 billion dollars.
  • The CEO is Warren Stephens.
  • Financier of Dickey-Stephens Park, which plays home to the Arkansas Travelers baseball team.

Businesses

The Stephens building at night. It is one of the tallest in Little Rock.
  • Private Client Group
  • Capital Markets
  • Public Finance
  • Investment Banking
  • Research
  • Capital Management
  • Insurance and Mutual Fund Services

External links


 
 

 

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Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Stephens Inc." Read more