He is the chairman, president and chief executive officer (CEO) of Stephens Inc., a privately held investment bank.
[3] Stephens began work as an associate in the corporate finance department, concentrating on oil and gas.
In the 2024 Republican presidential primaries, Stephens was a major financial backer of Asa Hutchinson and Nikki Haley.
[12][13] During the 2024 presidential campaign, Stephens also contributed to MAGA Inc., a Super PAC aligned with Donald Trump.
[4] Stephens and his wife Harriet are benefactors of various organizations, most notably the Episcopal Collegiate School and the Arkansas Arts Center, both in Little Rock.