{"url":"https://nivawealth.com/firms/stephens-group-asset-management-288981","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/288981","regulatoryAum":1703054534,"crd":"288981","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5935016","suffix":null,"lastName":"DUNIGAN","firstName":"SAWYER","middleName":"WHITWORTH"},{"crd":"3141669","suffix":null,"lastName":"JAMES","firstName":"CLAYTON","middleName":"BLAKELY"},{"crd":"3091491","suffix":null,"lastName":"TEDFORD","firstName":"ALAN","middleName":"BRADLEY"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-03","regulatoryAum":966632161,"clients":151,"employees":7,"offices":1},{"filedOn":"2022-03-22","regulatoryAum":1190759848,"clients":172,"employees":6,"offices":1},{"filedOn":"2023-03-16","regulatoryAum":1008440028,"clients":188,"employees":4,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":1137726808,"clients":194,"employees":4,"offices":1},{"filedOn":"2025-05-07","regulatoryAum":1409178355,"clients":209,"employees":4,"offices":2},{"filedOn":"2026-03-27","regulatoryAum":1703054534,"clients":225,"employees":4,"offices":2}],"secFileNumber":"801-111747","legalName":"Stephens Group Asset Management, LLC","displayName":"Stephens Group Asset Management","slug":"stephens-group-asset-management-288981","website":"https://sgassetmgt.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/stephens-group-asset-management-llc/","founded":null,"organization":"Arkansas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"100 River Bluff Drive, Suite 220","city":"Little Rock","state":"AR","stateName":"Arkansas","country":"United States","postalCode":"72202-2215"},"tradeNames":[],"registration":{"secApproved":"26 September 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":6556112.38,"staff":{"employees":4,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1703054534,"discretionary":1703054534,"discretionaryAccounts":446,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":33},"clientTypes":[{"label":"Individuals (other than HNW)","clients":89,"regulatoryAum":52044886},{"label":"High-net-worth individuals","clients":111,"regulatoryAum":1259177590},{"label":"Pension and profit-sharing plans","clients":7,"regulatoryAum":42861327},{"label":"Charitable organizations","clients":7,"regulatoryAum":8590732},{"label":"Corporations and other businesses","clients":11,"regulatoryAum":340379999}],"feePrograms":[{"role":"other","program":"ERISA Plan Services","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1061294","versionId":1061294,"submittedOn":"2026-10-15","documentName":"DISCLOSURE BROCHURE FOR STEPHENS GROUP ASSET MANAGEMENT, LLC"},{"role":"other","program":"Plan Sponsor Consulting","summary":"Consulting for sponsors of participant-directed defined contribution plans is billed at an hourly rate of $100, paid by the sponsor.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1061294","versionId":1061294,"submittedOn":"2026-10-15","documentName":"DISCLOSURE BROCHURE FOR STEPHENS GROUP ASSET MANAGEMENT, LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T05:19:42.337833+00:00","documents":[{"name":"DISCLOSURE BROCHURE FOR STEPHENS GROUP ASSET MANAGEMENT, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1061294","versionId":1061294,"submittedOn":"2026-10-15"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":1699976458}],"custodyNote":"Stephens Group Asset Management has custody of $241M in client assets for 107 clients.","leadership":[{"name":"Alan Tedford","title":"Chief Executive Officer and Trustee of MTK Irrevocable Trust","crd":"3091491"},{"name":"Angela Martin","title":"Chief Compliance Officer","crd":"4600015"},{"name":"William Tedford","title":"Chairman","crd":"443700"},{"name":"Elizabeth Campbell","title":"Trustee of Elizabeth S. Campbell Revocable Trust","crd":"1059992"},{"name":"Wilton Stephens","title":"Trustee of W.R. Stephens, JR.","crd":"1863538"}],"ownership":[{"label":"MTK Irrevocable Trust","detail":"Member in the 25% to 50% ownership band and a control person, since October 2017."},{"label":"W.R. Stephens, JR. Revocable Trust","detail":"Member in the 25% to 50% ownership band and a control person, since October 2017."},{"label":"W.R. Stephens, JR. Revocable","detail":"Member in the 25% to 50% ownership band and a control person, since October 2017."},{"label":"Elizabeth S. Campbell Revocable Trust","detail":"Member in the 25% to 50% ownership band and a control person, since October 2017."},{"label":"Elizabeth S. Campbell","detail":"Member in the 25% to 50% ownership band and a control person, since October 2017."},{"label":"Alan Tedford","detail":"Chief executive officer and trustee of mtk irrevocable trust in the 25% to 50% ownership band and a control person, since October 2017."},{"label":"Elizabeth Campbell","detail":"Trustee of elizabeth s. campbell revocable trust in the 25% to 50% ownership band and a control person, since August 1992."},{"label":"Wilton Stephens","detail":"Trustee of w.r. stephens, jr. in the 25% to 50% ownership band and a control person, since February 1993."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Arkansas","offices":1,"addresses":[{"street":"100 River Bluff Drive, Suite 220","city":"Little Rock","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"501-246-7500","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"1-10","assetMix":[{"label":"U.S. government/agency bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":93},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/288981/PDF/288981.pdf","brochureDate":"15 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1061294","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Stephens Group Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Stephens Group Asset Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Stephens Group Asset Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Stephens Group Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Stephens Group Asset Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Stephens Group Asset Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Stephens Group Asset Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Stephens Group Asset Management registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Stephens Group Asset Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/stephens-group-asset-management-288981/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-16","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1726808/000158064226004440/0001580642-26-004440-index.html","totalValue":1769326547,"positionCount":26,"top10Share":0.8215976329891127,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MCAP VL IDXVIP","cusip":"922908512","value":241696218,"shares":1223159,"shareType":"SH","priorValue":225031495,"priorShares":1221139},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":213936651,"shares":981676,"shareType":"SH","priorValue":193272500,"priorShares":985079},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"GROWTH 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Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}