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Article: Stephens adding brokers while most competitors are shrinking. (List Overview).(Brief Article)
- Article from:
- Arkansas Business
- Article date:
- September 9, 2002
- Author:
CopyrightCOPYRIGHT 2002 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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While most other firms were shedding stockbrokers in 2002, Stephens Inc. was hiring them.
With 515 agents, the Little Rock brokerage firm still has 103 more registered agents than No. 2 broker Edward D. Jones Co., No; 3 A.G. Edwards & Sons arid No. 4 Morgan Stanley Dean Witter combined, according to this year's Arkansas Business list of the state's largest broker-dealers.
Stephens Inc. has gained 58 brokers since the last time Arkansas Business published the list in December. At that time it had 457 agents.
The number of each firm's registered representatives in Arkansas were supplied by the firms.
Stephens spokesman Frank Thomas said ...