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.

From the ArkTimes store



Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • More on how highways were used to wipe out "blight" of non-white neighborhoods

    Vox, a news website that concerns itself with energy and other issues, has a fine piece, including before and after images, on the history of the U.S. interstate system and why roads were built through the middle of cities (unless people of influence stopped them — see Manhattan, San Francisco and Washington, D.C.)
    • Mar 22, 2016
  • City Board votes to table homeless feeding ordinance for 8 weeks, study with commission

    The Little Rock Board of Directors voted tonight to table for eight weeks an ordinance that homeless advocates say would severely limit the ability of charities to feed homeless people in city parks. Before the ordinance was punted, Vice Mayor Kathy Webb proposed a nine-member commission to study the issue and make recommendations to the board.
    • May 16, 2017
  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016

Most Shared

  • Take yourself there: Mavis Staples coming to LR for Central High performance

    Gospel and R&B singer and civil rights activist Mavis Staples, who has been inspiring fans with gospel-inflected freedom songs like "I'll Take You There" and "March Up Freedom's Highway" and the poignant "Oh What a Feeling" will come to Little Rock for the commemoration of the 60th anniversary of the desegregation of Central High.
  • Klan's president

    Everything that Donald Trump does — make that everything that he says — is calculated to thrill his lustiest disciples. But he is discovering that what was brilliant for a politician is a miscalculation for a president, because it deepens the chasm between him and most Americans.
  • On Charlottesville

    Watching the Charlottesville spectacle from halfway across the country, I confess that my first instinct was to raillery. Vanilla ISIS, somebody called this mob of would-be Nazis. A parade of love-deprived nerds marching bravely out of their parents' basements carrying tiki torches from Home Depot.

Most Viewed

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation