Stephens Inc. was founded in 1933 by W.R. Witt Stephens. His brother, Jackson T. Stephens joined the firm in 1946 and served as Chairman of the Board and CEO of Stephens Inc. from 1956 to 1986. Since 1986 Warren Stephens, Jack's son, has served as CEO of Stephens Inc. In 1970, Stephens Inc. (along with Wall Street firm White Weld & Co.) brought Wal-Mart public in an IPO.
Quick facts
Employs over 700 people.
Has 24 offices worldwide.
Since the beginning of 1999, has led or co-managed 50 public offerings, raising over $13.2 billion, and delivered 38 fairness opinions.
Over the last 5 years, has advised clients on over 120 merger and acquisition transactions with aggregate transaction value in excess of $43 billion dollars.