Founded in 1933, Stephens is a full service, privately owned investment bank that offers a range of financial services. Its services include investment banking, money and wealth management, securities underwriting, equity research and securities brokerage and trading. The bank also provides insurance consultation, products and services. It serves a range of clients that includes corporations, state and local governments, financial institutions, institutional investors and individual investors throughout the United States. Stephens is owned and managed by Stephens Capital Partners, which invests in a variety of industries, including oil and gas, publishing and media, health care financial services, technology agriculture and manufacturing sectors. It is a member of the Securities Investor Protection Corporation. Headquartered in Little Rock, Ark., Stephens maintains one of its locations in New York.