Early Life and Education
Warren Amerine Stephens was born on February 18, 1957, in Little Rock, Arkansas, to Jackson T. Stephens and Mary Amerine Stephens. He graduated from Trinity Presbyterian High School in 1975. Stephens then attended Washington and Lee University, where he earned a Bachelor of Arts in economics in 1979. He furthered his education with an MBA from Wake Forest University in 1981.
Rise to Success
Stephens began his investment banking career at Stephens Inc. in 1981, focusing on corporate finance. He quickly rose through the ranks, becoming head of the corporate finance department in 1983. He was appointed President and CEO on his 29th birthday in 1986. Under his leadership, Stephens Inc. expanded its operations and influence. In 2006, Warren acquired 100% of the outstanding shares of Stephens Inc. from other family members. Stephens played a key role in significant transactions, including advising Tyson Foods during their acquisition of Holly Farms in 1990.
Key Business Strategies
Stephens is known for his cautious business methods, emphasizing a low debt ratio. This approach helped Stephens Inc. navigate the 2008 financial crisis without government assistance, unlike many other financial firms. He focused on building relationships and providing capital to middle-market and small-cap companies. Stephens Inc. has grown to 28 offices worldwide.
Philanthropy
Stephens and his wife Harriet are benefactors of various organizations, including the Episcopal Collegiate School and the Arkansas Arts Center in Little Rock. He has served on the board of trustees of Washington and Lee University.
