Stephens Inc

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</div><div><h1 id="firstHeading" class="firstHeading" lang="en" style="background-color: rgb(255, 255, 255); background-image: none; font-weight: normal; margin: 0px 0px 0.1em; overflow: hidden; padding-top: 0px; padding-bottom: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 1.6em; line-height: 1.2em;"><span dir="auto">Stephens Inc.</span></h1><div id="bodyContent" style="background-color: rgb(255, 255, 255); font-size: 0.8em; position: relative; width: 1125px; line-height: 1.5em;"><div id="siteSub" style="display: inline; font-size: 12px;">From Wikipedia, the free encyclopedia</div><div id="contentSub" style="font-size: 11px; line-height: 1.2em; margin: 0px 0px 1.4em 1em; color: rgb(125, 125, 125); width: auto;"><div id="jump-to-nav" class="mw-jump" style="overflow: hidden; height: 0px; zoom: 1; margin-top: -1.4em; margin-bottom: 1.4em;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#mw-head" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;" /><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#p-search" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;" /></div><div id="mw-content-text" lang="en" dir="ltr" class="mw-content-ltr" style="direction: ltr;"><table class="infobox vcard" cellspacing="3" style="padding: 0.2em; margin: 0.5em 0px 0.5em 1em; border: 1px solid rgb(170, 170, 170); border-collapse: collapse; font-size: 11px; background-color: rgb(249, 249, 249); color: black; float: right; clear: right; text-align: left; line-height: 1.5em; border-spacing: 3px; width: 22em;"><caption class="fn org" style="font-size: 14px; font-weight: bold;">Stephens</caption><tbody><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><td colspan="2" class="logo" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top; text-align: center;"><a href="http://en.wikipedia.org/wiki/File:Stephens-logo.PNG" class="image" title="Stephens" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;"><img alt="Stephens" src="http://upload.wikimedia.org/wikipedia/en/c/c5/Stephens-logo.PNG" width="170" height="47" style="border: none; vertical-align: middle;" /></a></td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;"><a href="http://en.wikipedia.org/wiki/Types_of_business_entity" title="Types of business entity" style="text-decoration: initial; color: rgb(11, 0, 128); outline: none; background-image: none;">Type</a></th><td class="category" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;"><a href="http://en.wikipedia.org/wiki/Private_company" title="Private company" class="mw-redirect" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Private company</a></td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">Industry</th><td class="category" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;"><a href="http://en.wikipedia.org/wiki/Investment_banking" title="Investment banking" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Investment banking</a></td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">Founded</th><td class="" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">1933</td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">Founder(s)</th><td class="agent" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">W.R. <a href="http://en.wikipedia.org/w/index.php?title=Witt_Stephens&action=edit&redlink=1" class="new" title="Witt Stephens (page does not exist)" style="text-decoration: initial; font-weight: bold; color: rgb(165, 88, 88); outline: none; background-image: none;">Witt Stephens</a></td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">Headquarters</th><td class="label" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;"><a href="http://en.wikipedia.org/wiki/Little_Rock" title="Little Rock" class="mw-redirect" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Little Rock</a>, <a href="http://en.wikipedia.org/wiki/United_States" title="United States" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">United States</a></td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">Employees</th><td class="" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">700+</td></tr><tr class="" style="padding: 0px; margin: 0px; border: 0px;"><th scope="row" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;">Website</th><td class="" style="padding: 0px; margin: 0px; border: 0px; vertical-align: top;"><a rel="nofollow" class="external text" href="http://www.stephens.com/" style="text-decoration: initial; font-weight: bold; color: rgb(102, 51, 102); outline: none; background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">www.Stephens.com</a></td></tr></tbody></table><div class="thumb tright" style="clear: right; float: right; margin: 0.5em 0px 1.3em 1.4em; width: auto;"><div class="thumbinner" style="min-width: 100px; border: 1px solid rgb(204, 204, 204); 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</a><div class="thumbcaption" style="border: none; line-height: 1.4em; font-size: 11px; text-align: left; padding: 3px !important;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#p-search" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;" /><div class="magnify" style="float: right; border: none !important; background-image: none !important;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#p-search" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;" /><a href="http://en.wikipedia.org/wiki/File:Stephens_HQ.jpg" class="internal" title="Enlarge" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; display: block; background-image: none !important; border: none !important;"><img src="http://bits.wikimedia.org/static-1.21wmf6/skins/common/images/magnify-clip.png" width="15" height="11" alt="" style="border: none !important; vertical-align: middle; display: block; background-image: none !important;" /></a></div>Stephens Inc. headquarters in downtown Little Rock.</div></div></div><p style="margin: 0.4em 0px 0.5em; line-height: 1.5em;"><b>Stephens Inc.</b> is a full-service, privately owned <a href="http://en.wikipedia.org/wiki/Investment_bank" title="Investment bank" class="mw-redirect" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">investment bank</a> based in <a href="http://en.wikipedia.org/wiki/Little_Rock,Arkansas" title="Little Rock, Arkansas" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Little Rock, Arkansas</a>.</p><table id="toc" class="toc" style="padding: 5px; margin: 0px; border: 1px solid rgb(170, 170, 170); border-collapse: collapse; font-size: 12px; background-color: rgb(249, 249, 249);"><tbody><tr style="padding: 0px; margin: 0px; border: 0px;"><td style="padding: 0px; margin: 0px; border: 0px;"><div id="toctitle" style="direction: ltr; text-align: center;"><h2 style="background-image: none; margin: 0px 0px 0.6em; overflow: hidden; padding: 0px; border: none; font-size: 12px; display: inline;">Contents</h2> <span class="toctoggle" style="-webkit-user-select: none; font-size: 11px;"> [<a href="http://en.wikipedia.org/wiki/Stephens_Inc.#" class="internal" id="togglelink" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">hide</a>] </span></div><ul style="line-height: 1.5em; list-style-type: none; margin: 0.3em 0px; padding: 0px; list-style-image: none;"><li class="toclevel-1 tocsection-1" style="margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#History" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;"><span class="tocnumber">1</span> <span class="toctext">History</span></a></li><li class="toclevel-1 tocsection-2" style="margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#Quick_facts" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;"><span class="tocnumber">2</span> <span class="toctext">Quick facts</span></a></li><li class="toclevel-1 tocsection-3" style="margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#Businesses" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;"><span class="tocnumber">3</span> <span class="toctext">Businesses</span></a></li><li class="toclevel-1 tocsection-4" style="margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/Stephens_Inc.#External_links" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;"><span class="tocnumber">4</span> <span class="toctext">External links</span></a></li></ul></td></tr></tbody></table><h2 style="background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19px;"><span class="editsection" style="-webkit-user-select: none; float: right; font-size: 13px; margin-left: 5px;">[<a href="http://en.wikipedia.org/w/index.php?title=Stephens_Inc.&action=edit&section=1" title="Edit section: History" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">edit</a>]</span><span class="mw-headline" id="History">History</span></h2><p style="margin: 0.4em 0px 0.5em; line-height: 1.5em;">Stephens Inc. was founded in 1933 by W.R. <a href="http://en.wikipedia.org/w/index.php?title=Witt_Stephens&action=edit&redlink=1" class="new" title="Witt Stephens (page does not exist)" style="text-decoration: initial; font-weight: bold; color: rgb(165, 88, 88); outline: none; background-image: none;">Witt Stephens</a>. His brother, <a href="http://en.wikipedia.org/wiki/Jackson_T.Stephens" title="Jackson T. Stephens" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Jackson T. Stephens</a> joined the firm in 1946 and served as Chairman of the Board and CEO of Stephens Inc. from 1956 to 1986. Since 1986 <a href="http://en.wikipedia.org/wiki/Warren_Stephens" title="Warren Stephens" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Warren Stephens</a>, Jack's son, has served as CEO of Stephens Inc. In 1970, Stephens Inc. (along with Wall Street firm <a href="http://en.wikipedia.org/wiki/White_Weld_%26_Co." title="White Weld & Co." style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">White Weld & Co.</a>) brought <a href="http://en.wikipedia.org/wiki/Wal-Mart" title="Wal-Mart" class="mw-redirect" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Wal-Mart</a> public in an <a href="http://en.wikipedia.org/wiki/Initial_public_offering" title="Initial public offering" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">IPO</a>.</p><h2 style="background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19px;"><span class="editsection" style="-webkit-user-select: none; float: right; font-size: 13px; margin-left: 5px;">[<a href="http://en.wikipedia.org/w/index.php?title=Stephens_Inc.&action=edit&section=2" title="Edit section: Quick facts" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">edit</a>]</span><span class="mw-headline" id="Quick_facts">Quick facts</span></h2><ul style="line-height: 1.5em; margin: 0.3em 0px 0px 1.6em; padding: 0px; list-style-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII=);"><li style="margin-bottom: 0.1em;">Employs over 700 people.</li><li style="margin-bottom: 0.1em;">Has 24 offices worldwide.</li><li style="margin-bottom: 0.1em;">Since the beginning of 1999, has led or co-managed 50 public offerings, raising over $13.2 billion, and delivered 38 <a href="http://en.wikipedia.org/wiki/Fairness_opinion" title="Fairness opinion" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">fairness opinions</a>.</li><li style="margin-bottom: 0.1em;">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.</li><li style="margin-bottom: 0.1em;">The CEO is <a href="http://en.wikipedia.org/wiki/Warren_Stephens" title="Warren Stephens" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Warren Stephens</a>.</li><li style="margin-bottom: 0.1em;">Financier of <a href="http://en.wikipedia.org/wiki/Dickey-Stephens_Park" title="Dickey-Stephens Park" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Dickey-Stephens Park</a>, which plays home to the <a href="http://en.wikipedia.org/wiki/Arkansas_Travelers" title="Arkansas Travelers" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">Arkansas Travelers</a> baseball team.</li></ul><h2 style="background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19px;"><span class="editsection" style="-webkit-user-select: none; float: right; font-size: 13px; margin-left: 5px;">[<a href="http://en.wikipedia.org/w/index.php?title=Stephens_Inc.&action=edit&section=3" title="Edit section: Businesses" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">edit</a>]</span><span class="mw-headline" id="Businesses">Businesses</span></h2><div class="thumb tright" style="clear: right; float: right; margin: 0.5em 0px 1.3em 1.4em; width: auto;"><div class="thumbinner" style="min-width: 100px; border: 1px solid rgb(204, 204, 204); background-color: rgb(249, 249, 249); font-size: 12px; text-align: center; overflow: hidden; width: 216px; padding: 3px !important;">
<div class="thumbcaption" style="border: none; line-height: 1.4em; font-size: 11px; text-align: left; padding: 3px !important;"><div class="magnify" style="float: right; border: none !important; background-image: none !important;"><a href="http://en.wikipedia.org/wiki/File:StephensIncLittleRockNight.jpg" class="internal" title="Enlarge" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; display: block; background-image: none !important; border: none !important;"><img src="http://bits.wikimedia.org/static-1.21wmf6/skins/common/images/magnify-clip.png" width="15" height="11" alt="" style="border: none !important; vertical-align: middle; display: block; background-image: none !important;" /></a></div>The Stephens building at night. It is one of the tallest in Little Rock.</div></div></div><ul style="line-height: 1.5em; margin: 0.3em 0px 0px 1.6em; padding: 0px; list-style-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII=);"><li style="margin-bottom: 0.1em;">Private Client Group</li><li style="margin-bottom: 0.1em;">Capital Markets</li><li style="margin-bottom: 0.1em;">Public Finance</li><li style="margin-bottom: 0.1em;">Investment Banking</li><li style="margin-bottom: 0.1em;">Research</li><li style="margin-bottom: 0.1em;">Capital Management</li><li style="margin-bottom: 0.1em;">Insurance and Mutual Fund Services</li></ul><h2 style="background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19px;"><span class="editsection" style="-webkit-user-select: none; float: right; font-size: 13px; margin-left: 5px;">[<a href="http://en.wikipedia.org/w/index.php?title=Stephens_Inc.&action=edit&section=4" title="Edit section: External links" style="text-decoration: initial; font-weight: bold; color: rgb(11, 0, 128); outline: none; background-image: none;">edit</a>]</span><span class="mw-headline" id="External_links">External links</span></h2><ul style="line-height: 1.5em; margin: 0.3em 0px 0px 1.6em; padding: 0px; list-style-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII=);"><li style="margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.stephens.com/" style="text-decoration: initial; font-weight: bold; color: rgb(102, 51, 102); outline: none; background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">Stephens Inc.</a> - Official Website</li><li style="margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.arkansasbusiness.com/research_profile_detail.asp?id=15" style="text-decoration: initial; font-weight: bold; color: rgb(102, 51, 102); outline: none; background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">Arkansas Business</a> - Arkansas Business</li><li style="margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.hoovers.com/stephens/--ID__41538--/free-co-factsheet.xhtml?cm_ven=PAID&cm_cat=INK&cm_pla=CO1&cm_ite=stephens" style="text-decoration: initial; font-weight: bold; color: rgb(102, 51, 102); outline: none; background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">Hoovers</a> - Hoovers Overview & Factsheet</li><li style="margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://encyclopediaofarkansas.net/encyclopedia/entry-detail.aspx?entryID=6985" style="text-decoration: initial; font-weight: bold; color: rgb(102, 51, 102); outline: none; background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">Encyclopedia of Arkansas History & Culture</a></li></ul></div></div></div></div>