Stephens Inc. is a privately held, family-owned financial services firm headquartered in Little Rock, Arkansas. Founded in 1933, the firm has grown into a full-service investment bank with a global presence, offering services such as investment banking, asset and wealth management, public finance, insurance, private capital, and family office services . Stephens is known for its deep commitment to client relationships, long-term stability, and community support .

The firm operates through several divisions, including investment banking, capital management, fixed income sales and trading, institutional equities and research, insurance, private capital, private wealth management, and public finance . Stephens has a strong track record in advising on small- and middle-market mergers and acquisitions, with a focus on providing innovative advisory and execution services to help firms achieve their strategic goals .

Stephens is also recognized for its sponsorship and philanthropic endeavors. The firm is the official investment banking partner of Williams Racing, one of the most successful teams in Formula 1 history, and hosts numerous meetings with clients and industry leaders across the U.S. and Europe . Additionally, Stephens sponsors the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, supporting the philanthropic efforts of its Brand Ambassadors .

In early 2025, Stephens underwent a leadership transition as Warren Stephens, who had served as CEO since 1986, stepped down to become the U.S. Ambassador to the United Kingdom. His children, Miles and John Stephens, took over as co-CEOs, marking the third generational leadership change at the firm .

Stephens Inc. continues to build value from relationships that span generations, maintaining a reputation for integrity, transparency, and a client-focused approach in the financial services industry .