Stephens is a privately held financial services firm founded in 1933 and headquartered in Little Rock, Arkansas. It provides a broad suite of services including investment banking, wealth management, insurance, private equity, capital management, fixed income, institutional equities, research, sales and trading, public finance, and related advisory and asset management capabilities to corporations, institutions, and high-net-worth individuals. The firm serves a diverse range of sectors such as aerospace, consumer, energy, industrials, financial services, healthcare, life sciences, technology, telecommunications, and media, and emphasizes long-term relationships and long-term results in its client engagements.