Stephens, a renowned regional investment advisory firm, is headquartered in Little Rock, AR, with a presence in 24 offices. With a strong track record and extensive experience, Stephens caters to a diverse client base of over 18,810 individuals. Their impressive portfolio boasts an impressive $12,334,227,000 in assets under management, of which 74% are managed on a discretionary basis.
As a registered municipal advisor, Stephens offers comprehensive financial services to its clients. While they primarily manage employer funds, they also handle 401K and individual accounts, which collectively constitute less than 30% of their assets under management.
The firm's compensation structure is designed to accommodate various client needs, incorporating options such as a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. This flexibility ensures that clients can choose the most suitable arrangement for their investment requirements.
Stephens boasts a talented team of 637 employees, 253 of whom are dedicated investment advisory professionals. With an average of $48,750,000 in assets under management per investment advisor, the firm aligns with the industry average in terms of productivity.
Notably, several of Stephens' advisors have demonstrated remarkable dedication and loyalty over the years. Steven Middleton, James Mitchell, and Henry Bennett are among the firm's longest-tenured advisors, exemplifying their commitment to delivering exceptional financial guidance and building enduring client relationships.
With their impressive assets under management, comprehensive service offerings, and experienced team, Stephens continues to establish itself as a trusted name in the investment advisory landscape.