Stephens Group Asset Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 1–10 clients last fiscal year.
Stephens Group Asset Management reports 225 clients. They include 111 high-net-worth individuals, 89 individual clients, and 11 corporations and other businesses. Of its assets, 100.0% ($1.7B across 446 accounts) are managed with discretion. It advised 33 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 3% |
| High-net-worth individuals | 49% | 74% |
| Pension and profit-sharing plans | 3% | 3% |
| Charitable organizations | 3% | <1% |
| Corporations and other businesses | 5% | 20% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 89 | $52M | 3.1% | $585K |
| High-net-worth individuals | 111 | $1.26B | 73.9% | $11.3M |
| Pension and profit-sharing plans | 7 | $42.9M | 2.5% | $6.12M |
| Charitable organizations | 7 | $8.59M | 0.5% | $1.23M |
| Corporations and other businesses | 11 | $340M | 20.0% | $30.9M |
| Total | 225 | $1.7B | 100% | $7.57M |
- Clients
- 89
- Regulatory AUM
- $52M
- AUM share
- 3.1%
- Avg. per client
- $585K
- Clients
- 111
- Regulatory AUM
- $1.26B
- AUM share
- 73.9%
- Avg. per client
- $11.3M
- Clients
- 7
- Regulatory AUM
- $42.9M
- AUM share
- 2.5%
- Avg. per client
- $6.12M
- Clients
- 7
- Regulatory AUM
- $8.59M
- AUM share
- 0.5%
- Avg. per client
- $1.23M
- Clients
- 11
- Regulatory AUM
- $340M
- AUM share
- 20.0%
- Avg. per client
- $30.9M
Total
- Clients
- 225
- Regulatory AUM
- $1.7B
- AUM share
- 100%
- Avg. per client
- $7.57M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 33
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Stephens Group Asset Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- ERISA Plan Services
- Fee for ERISA plan clients is a percentage of included plan assets, with a default of 0.75% that varies by plan factors, billed quarterly in arrears.
- Plan Sponsor Consulting
- Consulting for sponsors of participant-directed defined contribution plans is billed at an hourly rate of $100, paid by the sponsor.
MTK Irrevocable Trust owns 25% to 50% of Stephens Group Asset Management. Alan Tedford is CEO; the leadership team includes Chief Compliance Officer Angela Martin. It has 4 employees.
Leadership
- Alan TedfordChief Executive Officer and Trustee of MTK Irrevocable Trust
- Angela MartinChief Compliance Officer
- William TedfordChairman
- Elizabeth CampbellTrustee of Elizabeth S. Campbell Revocable Trust
- Wilton StephensTrustee of W.R. Stephens, JR.
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Sawyer Whitworth Dunigan
- Clayton Blakely James
- Alan Bradley Tedford
Staff
- 4 employees
- 4 in advisory functions
- 2 state-registered reps
- Owns 25% to 50% of Stephens Group Asset Management, LLC
MTK Irrevocable Trust
Control person · since October 2017
- Owns 25% to 50% of Stephens Group Asset Management, LLC
W.R. Stephens, JR. Revocable Trust
Control person · since October 2017
- Owns 25% to 50% of Stephens Group Asset Management, LLC
W.R. Stephens, JR. Revocable
Control person · since October 2017
- Owns 25% to 50% of Stephens Group Asset Management, LLC
Elizabeth S. Campbell Revocable Trust
Control person · since October 2017
- Owns 25% to 50% of Stephens Group Asset Management, LLC
Elizabeth S. Campbell
Control person · since October 2017
- Owns 25% to 50% of Stephens Group Asset Management, LLC
Alan Tedford
Control person · since October 2017
- Owns 25% to 50% of Stephens Group Asset Management, LLC
Elizabeth Campbell
Control person · since August 1992
- Owns 25% to 50% of Stephens Group Asset Management, LLC
Wilton Stephens
Control person · since February 1993
Stephens Group Asset Management’s regulatory assets grew 1.8× from $967M (March 2021) to $1.7B (March 2026); clients rose from 151 to 225 and employees fell from 7 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.7B | 225 | 4 | 2 |
| May 2025 | $1.41B | 209 | 4 | 2 |
| March 2024 | $1.14B | 194 | 4 | 1 |
| March 2023 | $1.01B | 188 | 4 | 1 |
| March 2022 | $1.19B | 172 | 6 | 1 |
| March 2021 | $967M | 151 | 7 | 1 |
Besides its headquarters, Stephens Group Asset Management has 1 office (1 private residence, listed without an address), with 1 listed address in Arkansas.
Arkansas · 1 listed address
- 100 River Bluff Drive, Suite 220, Little RockHQ
Contact and registration details
- Legal name
- Stephens Group Asset Management, LLC
- Headquarters
- 100 River Bluff Drive, Suite 220, Little Rock, AR 72202-2215
- Website
- sgassetmgt.com
- Phone
- 501-246-7500
- SEC file
- 801-111747
- Structure
- Arkansas LLC
- Fiscal year end
- December
Stephens Group Asset Management uses Charles Schwab ($1.7B) as custodian for its separately managed accounts. Stephens Group Asset Management has custody of $241M in client assets for 107 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.7B100%
At year end, Stephens Group Asset Management’s separately managed accounts were mostly in funds (93%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.77B across 26 positions; the largest are Vanguard Index Fds (13.7%), Vanguard Index Fds (12.1%) and Vanguard Index Fds (12.0%).
What the accounts hold
- Funds93%
- Bonds4%
- Cash3%
Reported 13F holdings
- $1.77B
- Reported 13F value
- 26
- Positions
- 82.2%
- In the 10 largest
- +12.8%
- Value vs. prior quarter
- Vanguard Index Fds · Mcap VL Idxvip13.7%
- Vanguard Index Fds · Value ETF12.1%
- Vanguard Index Fds · Growth ETF12.0%
- Vanguard Index Fds · Mcap GR Idxvip11.5%
- iShares TR · Rus Mdcp Val ETF6.6%
- Vanguard Index Fds · SM CP Val ETF6.4%
- iShares TR · Rus 1000 Val ETF5.9%
- iShares TR · Rus 1000 Grw ETF5.1%
- iShares TR · Rus MD CP GR ETF4.7%
- SPDR Series Trust · ST Inter ETF4.3%
Together, the ten largest are 82.2% of reported value.
How many clients does Stephens Group Asset Management have?
Stephens Group Asset Management has 225 clients and manages $1.7 billion for them, as of March 2026. They include 111 high-net-worth individuals, 89 individual clients, and 11 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Stephens Group Asset Management offer?
Stephens Group Asset Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Stephens Group Asset Management use?
Stephens Group Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.7B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Stephens Group Asset Management have?
Stephens Group Asset Management has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Stephens Group Asset Management invest in?
At the end of its last fiscal year, Stephens Group Asset Management’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 4% U.S. government and agency bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Stephens Group Asset Management?
Stephens Group Asset Management’s direct owners are MTK Irrevocable Trust, W.R. Stephens, JR. Revocable Trust, W.R. Stephens, JR. Revocable, Elizabeth S. Campbell Revocable Trust, Elizabeth S. Campbell, Alan Tedford, Elizabeth Campbell and Wilton Stephens, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Stephens Group Asset Management get paid?
Stephens Group Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Stephens Group Asset Management registered with the SEC?
Yes, Stephens Group Asset Management has been registered with the SEC as an investment adviser since 26 September 2017. Its CRD number is 288981 and its SEC file number is 801-111747.
Source: Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record
How do I contact Stephens Group Asset Management?
Stephens Group Asset Management’s main office is at 100 River Bluff Drive, Suite 220, Little Rock, AR 72202-2215. Its phone number is 501-246-7500. Its website is sgassetmgt.com.