Wealth manager, independent · Little Rock, AR
Stephens Group Asset Management, LLC
SEC-registered investment adviser · CRD 288981 · SEC 801-111747
At a glance
Stephens Group Asset Management, LLC is an SEC-registered investment adviser based in Little Rock, Arkansas, with $1.7B in regulatory assets under management as of its Form ADV filed March 27, 2026. It reports 200 individual clients, 111 of them high-net-worth, holding an average of about $6.6 million each, and 4 employees. That ranks it 641st among the nation’s 5,657 independent wealth management RIAs and 4th of 30 in Arkansas. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 501-246-7500sgassetmgt.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.7B
- Rank among independent wealth managers
- #641 of 5,657
- Rank among all SEC RIAs
- #3,975 of 17,210
- Rank in Arkansas
- #4 of 30
- Individual clients
- 200
- High-net-worth clients
- 111
- Accounts
- 446
- Discretionary
- 100% of AUM
- Employees
- 4
- Advisory staff
- 4
- Offices
- 2
Owners and executives on its Form ADV
- William L. TedfordChairman
- Wilton R. StephensTrustee of W.R. Stephens, JR. Revocable Trust
- Alan B. TedfordChief Executive Officer and Trustee of MTK Irrevocable Trust
- Angela J. MartinChief Compliance Officer
- Elizabeth S. CampbellTrustee of Elizabeth S. Campbell Revocable Trust
Custody and brokerage
Broker-dealer
No broker-dealer ties
Stephens Group Asset Management, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 111 | $1.3B | 74% |
| Corporations or other businesses | 11 | $340M | 20% |
| Individuals | 89 | $52M | 3% |
| Pension and profit sharing plans | 7 | $43M | 3% |
| Charitable organizations | 7 | $9M | <1% |
Disciplinary disclosures
Stephens Group Asset Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗sgassetmgt.com ↗
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The full record on Stephens Group Asset Management, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
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- Growth over one, three and five years
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- Rank against 2,284 peers of its type and size
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- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Arkansas
All of Arkansas →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Sowell ManagementNorth Little Rock | $4.8B | 6,280 |
| Greenwood Gearhart, LLCFayetteville | $2.0B | 1,051 |
| Naviter Wealth, LLCLittle Rock | $1.9B | 332 |
| Legacy Capital Wealth Partners, LLCLittle Rock | $1.5B | 660 |
| Lathrop Investment Management CompanyLittle Rock | $1.0B | 229 |
Background
Questions
How much does Stephens Group Asset Management, LLC manage?
Stephens Group Asset Management, LLC reports $1.7B in regulatory assets under management across 446 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
How many clients does Stephens Group Asset Management, LLC have?
It reports 200 individual clients: 111 high-net-worth individuals and 89 other individuals. Individuals account for about 77% of its regulatory assets.
Where is Stephens Group Asset Management, LLC headquartered?
Its main office is in Little Rock, Arkansas. It reports 2 offices in total and 4 employees, 4 of whom perform investment advisory functions.
How does Stephens Group Asset Management, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Stephens Group Asset Management, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 27, 2026, it reports these amounts held: Charles Schwab ($1.7B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Stephens Group Asset Management, LLC a hybrid RIA with a broker-dealer?
Stephens Group Asset Management, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Stephens Group Asset Management, LLC a fiduciary?
As an SEC-registered investment adviser, Stephens Group Asset Management, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Stephens Group Asset Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →