Skip to content
Stephens logo
Multi-Family OfficeRIA · CRD 3496SEC-Registered

Updated:

Stephens

Stephens is an SEC-registered investment adviser in Little Rock, AR, since 1980. The firm manages $18.0 billion in assets, with $13.8 billion on a...

Overview

Stephens is an SEC-registered investment adviser in Little Rock, AR, since 1980. The firm manages $18.0 billion in assets, with $13.8 billion on a discretionary basis. It has 611 employees and 247 investment advisers.

General information

Firm type

Multi Family Office

Year founded

1933

Location

Region

North America

Country

United States

City

Little Rock

Corporate office

Little Rock, AR, United States

Additional offices

New York, NY · Dallas, TX · Chicago, IL · London, UK · Frankfurt, Germany

Principals

Warren Stephens

Chairman, President and CEO

Miles Stephens

Executive Vice President

Martin H. Rhodes

Chief Financial Officer

Sector focus

Financial ServicesEnergy Transition & RenewablesConsumerReal EstatePrivate CreditHealthcare ServicesIndustrialsAgriculture

Frequently asked questions

How does Stephens source proprietary deal flow?

The firm sources through a network built over nine decades: relationships with hundreds of former portfolio company executives, the investment banking division's corporate advisory clients, and a reputation as a patient, family-backed capital provider. Its Sun Belt geography provides access to founder-owned businesses in secondary and tertiary markets that coastal private equity firms often overlook. The firm's indefinite-hold structure appeals to selling families who do not want their companies flipped within a fixed fund cycle.

Does Stephens invest in funds or only make direct investments?

Stephens does both. Through Stephens Capital Partners, the firm makes direct control and minority equity investments in private companies. It also commits as a limited partner to venture capital funds — historically including managers like Emergence Capital and Battery Ventures — and uses those LP relationships to source co-investment opportunities. The firm's private credit arm, expanded through the Trinity Capital acquisition in 2024, makes direct asset-backed and middle-market loans.

Profile maintained by Altss. Updated: . To correct this record or make a privacy request, send the page URL and your evidence to privacy@altss.com; corrections are free.

Research Stephens in Altss

Explore available research and relationship coverage for this adviser in Altss.

Book a demo

Browse by category

More Multi Family Office profiles