Stephens purchase done | Arkansas Blog

Tuesday, September 12, 2006

Stephens purchase done

Posted By on Tue, Sep 12, 2006 at 11:03 AM

Warren Stephens has closed the previously announced deal to purchase his cousins' shares in Stephens Inc. and related financial companies. News release on the jump.

Warren A. Stephens has received final regulatory approval for his sole ownership of Stephens Inc. and all related financial companies.  The 49 year old Stephens announced in May that he was purchasing 100 percent of the stock from his cousins, Witt Stephens, Jr. and Elizabeth Stephens Campbell.  The deal closed late last week. 

“While this is a significant milestone for me, personally, it is also a new beginning for our employees and our customers,” said Stephens, who is chairman and CEO of the firm.  “My family has spent more than 70 years building a business based on relationships.  I intend to continue that tradition, as well as doing everything I can to make the firm even better than it is today.”
The success of Stephens Inc. stems from a unique philosophy that emphasizes relationships instead of transactions.  Stephens Inc. takes a long-term perspective in evaluating opportunities for clients.  As a result, the firm is known as a good investment partner that has grown because it has performed.  Stephens Inc. has strategically expanded its services over the years by focusing on its core investment banking business and continuing its significant private equity investing activities.

Founded in 1933, the firm serves a broad client base which includes corporations, state and local governments, financial institutions, institutional investors and individual investors
throughout the United States and overseas.  The firm is self-clearing and a member of the New York Stock Exchange and SIPC.  Stephens’ services include private equity investing, corporate finance, mergers and acquisitions, public finance, money management, wealth management, securities underwriting, equity research and general securities brokerage and trading.

Stephens Inc operates from headquarters in Little Rock, Arkansas and has offices in 21 American cities as well as an office in London.

Sign up for the Daily Update email


Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017
  • Trump's strangulation of Obamacare

    If he can't kill it outright, Donald Trump will do all he can to cripple Obamacare. Vox has detailed reporting on deep cuts in federal spending that support nonprofit agencies that help people sign up for coverage under the Affordable Care Act.
    • Sep 18, 2017
  • Your daily dose of Jason Rapert

    Sen. Jason Rapert really, really didn't like it when a KATV reporter asked him about the hypocrisy of his political arguments.
    • Feb 4, 2017

Most Viewed

Most Recent Comments



© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation