Stephens Inc. is a large advisory firm based in Little Rock. It manages $10.85 billion of regulatory assets for 24,727 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Stephens provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for approximately 582 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Stephens Inc. is $10.85 billion. The firm's AUM has grown by 430% since the beginning of its operation, and $37.89 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Stephens Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Warren Amerine Stephens is high net worth individuals with 1,444 clients and $4.25 billion of assets under management. Among the 8 most similar advisory firms, Stephens has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $10.09 billion for 24,356 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Stephens doesn't advise any private funds.
The company employs 666 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 271 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Warren Amerine Stephens has been acting as President since 1 Jun 1985. Donald Lawrence Chaney joined the executive team most recently as the Senior Vice President And Chief Compliance Officer.
The principal office where Stephens Inc. performs its advisory services is located at 111 Center St, Little Rock, AR 72201, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 501-377-2000 or by fax 501-377-2495. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at stephens.com/ and its LinkedIn profile.