Dallas, TX Office

Team
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Stephens

Multi-team

Firm-wide stats for Stephens

Total advisors

243

Across 38 offices

Clients per advisor

87 High

Avg AUM per client

$672,559 Typical

HNW client ratio

15% Typical

About

Stephens is a multi-team investment adviser with roughly 243 advisors and about $18 billion in assets under management that serves individuals (including high-net-worth clients), retirement plans, foundations, corporations and other institutional clients. In addition to advisory services and financial planning, the firm provides brokerage, investment banking, custody and wrap program platforms and publishes research and client communications produced by its Equity Research group.

The firm offers both discretionary and non-discretionary management across a wide suite of wrap and advisory programs (for example, PWM, SAS, MAP, UMA, SMID and fixed-income strategies) and uses investment committees and IARs to select funds, sub-advisors and model portfolios. Stephens combines bottom-up equity research (covering roughly 400 stocks) with committee-driven asset-allocation and fixed-income duration management, and it also advises on private equity and alternative investments when appropriate.

Compared with many peers, Stephens operates as a dually registered broker-dealer and investment bank and also provides municipal advisory services and sponsors pension and health trust programs for local governments, activities that are uncommon among multi-team advisers. The firm discloses a number of atypical features — including the ability to receive commissions in certain brokerage contexts, revenue-sharing and clearing arrangements with Pershing, an insured bank sweep program administered with IntraFi, availability of performance-based fee arrangements in qualifying cases, relationships with bank and insurance clients, and a prior SEC cease-and-desist order related to mutual fund share-class selection.

Based on Stephens

Expertise

Private / alternative investments Active portfolio management

Based on Stephens

Occupation focus

Executive Founder/Business Owner

Based on Stephens

Location

200/300 Crescent Court

Dallas TX 75201

Advisors at this office

7

Advisors at this office

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Connor H

CFA®, Series 63

Dallas, TX

Stephens

Connor Hustava is a financial advisor at Stephens in Dallas, TX, holding the CFA® designation and Series 63 license with 15 years of industry experience. He has been with Stephens since 2016, including prior roles at Stephens Inc. Stephens is a multi-team investment adviser with approximately 243 advisors and about $18 billion in assets under management, serving individuals, retirement plans, foundations, corporations, and other institutional clients. The firm provides a broad range of advisory, brokerage, investment banking, and custody services, combining bottom-up equity research with committee-driven asset allocation and fixed-income management.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
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Jacob M

Series 66

Dallas, TX

Stephens

Jacob Morton Jr. is a financial advisor at Stephens in Dallas, TX, holding a Series 66 designation and having one year of industry experience. He has held positions at several firms, including Clover Partners and Valley Bank, and has experience in hospitality and education sectors through roles at Luigi's Restaurant and Fairfield College Preparatory School. Stephens is a multi-team investment adviser with approximately 243 advisors and $18 billion in assets under management, serving individuals, retirement plans, foundations, corporations, and other institutional clients. The firm offers a range of discretionary and non-discretionary management programs and integrates bottom-up equity research with committee-driven asset allocation, while also providing brokerage, investment banking, and municipal advisory services.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
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Nicholas L

Series 66

Dallas, TX

Stephens

Nicholas Lorenzoni is a financial advisor at Stephens with a Series 66 license and two years of industry experience. His prior roles include positions at Black Diamond Mergers & Acquisitions, Corner Capital Partners, and Tyson Foods. Outside of finance, he was involved with Do College Better and the Front Burner Society - Mexican Sugar. Stephens is a multi-team investment adviser with approximately 243 advisors and $18 billion in assets under management, serving individuals, retirement plans, foundations, corporations, and institutional clients. The firm offers a range of advisory services and combines bottom-up equity research with committee-driven asset allocation while also providing brokerage, investment banking, custody, and municipal advisory services.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
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Steven E

CFA®, Series 63, Series 65

Dallas, TX

Stephens

Steven Etoch is a CFA® charterholder with seven years of industry experience, currently serving as a financial advisor at Stephens in Dallas, TX. His career includes prior roles at Morgan Stanley and Direct Access Capital before joining Stephens. Stephens is a multi-team investment adviser with approximately 243 advisors and $18 billion in assets under management, offering services to individuals, retirement plans, foundations, corporations, and institutional clients. The firm provides a range of advisory programs combining bottom-up equity research with committee-driven asset allocation, and it operates as a dually registered broker-dealer and investment bank with additional municipal advisory and pension trust services.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
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Mason C

Series 66

Dallas, TX

Stephens

Mason Carrico is a financial advisor with Stephens in Dallas, TX, holding a Series 66 designation and eight years of industry experience. He has been with Stephens since 2018, with continuous roles at the firm throughout that period. Stephens is a multi-team investment adviser with approximately 243 advisors and $18 billion in assets under management, serving individuals, retirement plans, foundations, corporations, and institutional clients. The firm offers a range of advisory and brokerage services, combining bottom-up equity research with committee-driven asset allocation and fixed-income management.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
user avatar

Jackson L

Series 66

Dallas, TX

Stephens

Jackson Laurent is a financial advisor at Stephens in Dallas, TX, holding a Series 66 credential with three years of industry experience. His prior roles include positions at Luther King Capital Management, AB Advisory & Analytics, and Lithia Motors. Stephens is a multi-team investment adviser with approximately 243 advisors and $18 billion in assets under management, serving individuals, retirement plans, foundations, corporations, and institutional clients. The firm offers discretionary and non-discretionary management through various wrap and advisory programs, combining bottom-up equity research with committee-driven asset allocation and fixed-income management.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
user avatar

Nicholas B

CFA®, Series 63

Dallas, TX

Stephens

Nicholas Beare is a CFA® charterholder based in Dallas, TX, with 37 years of industry experience. He has been with Stephens since 2005. Stephens is a multi-team investment adviser with approximately 243 advisors and $18 billion in assets under management, serving individuals, retirement plans, foundations, corporations, and institutional clients. The firm offers a broad range of advisory services, brokerage, investment banking, and research, combining bottom-up equity analysis with committee-driven asset allocation and alternative investments.

Private / alternative investments Active portfolio management Executive Founder/Business Owner
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