# EDGAR Filing Document

**Accession Number:** 0000757657
**File Stem:** 0000757657-23-000008
**Filing Date:** 2023-3
**Character Count:** 23639
**Document Hash:** e1a6e15652c570543db906770bfe269c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000757657-23-000008.hdr.sgml**: 20230403

**ACCESSION NUMBER**: 0000757657-23-000008

**CONFORMED SUBMISSION TYPE**: MA-A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230308

**DATE AS OF CHANGE**: 20230403

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STEPHENS INC /AR/
- **CENTRAL INDEX KEY:** 0000757657
- **IRS NUMBER:** 710641478
- **STATE OF INCORPORATION:** AR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** MA-A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 867-01223
- **FILM NUMBER:** 23791996

**BUSINESS ADDRESS:**
- **STREET 1:** 111 CENTER ST
- **CITY:** LITTLE ROCK
- **STATE:** AR
- **ZIP:** 72201
- **BUSINESS PHONE:** 501-377-2000

**MAIL ADDRESS:**
- **STREET 1:** 111 CENTER STREET
- **CITY:** LITTLE ROCK
- **STATE:** AR
- **ZIP:** 72201

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM MA: UNIFORM APPLICATION FOR MUNICIPAL ADVISOR REGISTRATION

### Filer and Contact Information

**Filer CIK:** 0000757657

**Filer CCC:** XXXXXXXX

**Contact Name:** Jennifer Woods

**Contact Phone:** 501-377-8185

**Contact Email:** jennifer.woods@stephens.com

**Notification Emails:** dbagley@stephens.com, dchaney@stephens.com

### Type of Filing

**Selected Filing Type:** Annual Update

### Item 1: Identifying Information

**A. Full Legal Name of the Firm:** STEPHENS INC /AR/

**&nbsp;&nbsp;&nbsp;Organization CRD No.:** 3496

**&nbsp;&nbsp;&nbsp;Is applicant a Sole Proprietor?:** No

**&nbsp;&nbsp;&nbsp;Has the municipal legal name changed since the last filing?:** No

**&nbsp;&nbsp;&nbsp;Has the applicant had any previous DBA names?:** No

**&nbsp;&nbsp;&nbsp;Does the applicant have any additional DBA names?:** No

**C. IRS Employer Identification Number:** 71-0641478

**D. Registrations:**

- **Municipal Advisor (Temporary):** SEC File No: 866-00259-00

- **Municipal Advisor:** SEC File No: 867-01223

- **Broker-Dealer:** SEC File No: 008-0001927, CRD No: 3496

- **SEC-Registered Investment Adviser:** SEC File No: 801-15510, CRD No: 3496

**Additional Registrations:**

- **SEC Registered Investment Advisor:** 801-15510

**E. Principal Office and Place of Business:** 111 CENTER ST, LITTLE ROCK, AR, 72201

**Telephone Number:** 501-377-2000

**Additional Offices of Employment:**

- **Office #1 (Add):** 3344 Peachtree Road, Atlanta, GA, 30326 | Phone: 404-461-5100

- **Office #2 (Add):** 200/300 Crescent Court, Dallas, TX, 75201 | Phone: 214-258-2700

- **Office #3 (Add):** 3425 Futrall Drive, Fayetteville, AR, 72703 | Phone: 479-718-7400

- **Office #4 (Add):** 3100 West End Avenue, Nashville, TN, 37203 | Phone: 615-279-4300

- **Office #5 (Add):** 140 Township Avenue, Ste 202, Ridgeland, MS, 39157 | Phone: 6016055675

**Mailing Address is Different from Principal Office:** Yes

**Mailing Address:** 111 CENTER STREET, LITTLE ROCK, AR, 72201

**F. Website:** www.stephens.com

**G. Chief Compliance Officer (CCO):**

**Name:** Donald Lawrence Chaney

**Titles:** Senior Vice President/Chief Compliance Officer

**Address:** 111 Center Street, Little Rock, AR, 72201

**Phone Number:** 501-377-3784

**Email:** dchaney@stephens.com

**H. Business Affiliates:**

- **Name:** Stephens Investment Management Group, LLC

  - **Issuing Agency:** SEC

  - **Jurisdiction:** 

**I. Location of Books and Records:** Yes

### Item 2: Form of Organization

**A. Applicant's form of organization:** Corporation

**B. Month of Applicant's Annual Fiscal Year End:** December

**C. State, Other U.S. Jurisdiction, or Foreign Jurisdiction Under Which Applicant is Organized:** AR

**D. Date of Organization:** 05-31-1948

**E. Is the applicant a public reporting company?:** No

### Item 3: Successions

**Is the applicant succeeding to the business of a registered municipal advisor?** No

### Item 4: Information About Applicant's Business

**A. Number of Employees:** 634

**B. Municipal Advisory Activities - Employees:** 17

**C. Registered Representatives - MAA Employees also registered reps of a broker-dealer:** 17

**&nbsp;&nbsp;&nbsp;MAA Employees also associated with an investment adviser:** 3

**D. Public Relations Company?:** No

**E. Soliciting on Behalf of an Affiliate - Number of firms:** 0

**F. Types of Clients - Number of clients served as municipal advisor:** 125

**&nbsp;&nbsp;&nbsp;Types of Clients:** Municipal Entities, Non-profit organizations, Corporations or other businesses

**G. Solicitation of Municipal Entities and Obligated Persons - Municipal Entities:** 0

**&nbsp;&nbsp;&nbsp;Obligated Persons:** 0

**&nbsp;&nbsp;&nbsp;Total Solicited:** 0

**H. Types of Persons Solicited:** 
Hospitals
Colleges
Other
, Hospitals, Colleges, Other

**I. Compensation Arrangements (Municipal Advisory):** 
Hourly Charges
Fixed Fees
Contingent Fees
, Hourly Charges, Fixed Fees, Contingent Fees

**J. Compensation Arrangements (Solicitation):** 
Not Applicable
, Not Applicable

**K. Does the applicant receive compensation in the context of its municipal advisory business from other than its municipal entity or obligated person clients?:** No

**L. Applicant Business Relating to Municipal Securities:** Advice Insurance Of MS, Advice Investment Of Proceeds MS, Advice ME Investments, Advice ME Other Investments, Advice Guaranteed IC, Advice Use Of MD, Solicitation Of IAB, Advice On Selection

### Item 5: Other Business Activities

- **Broker-Dealer:** Actively Engaged: Yes, Primary Business: Yes

- **Investment Advisor:** Actively Engaged: Yes, Primary Business: Yes

**Is applicant engaged in any other non-municipal advisor business?** No

### Item 6: Financial Industry and Other Activities of Associated Persons

**Types of associated persons:** Other municipal advisor

**Total Associated Persons:** 1

### Item 7: Participation or Interest in Client Transactions

- **Buy or sell municipal securities from or to municipal advisory clients for the firm's own account?:** Yes

- **Buy or sell municipal securities from or to third-parties on behalf of clients?:** Yes

- **Enter into derivatives transactions with clients for the firm's own account?:** Yes

- **Recommend to clients to buy/sell securities in which the firm has a financial interest?:** No

- **Recommend to clients products/services of an affiliated person?:** Yes

- **Recommend to clients securities of an issuer with which the firm has other relationships?:** Yes

- **Have discretionary authority to buy/sell municipal securities for clients?:** Yes

- **Have discretionary authority to buy/sell any other securities or investments for clients?:** Yes

- **Have discretionary authority to determine the broker-dealer to be used for client transactions?:** No

- **Have discretionary authority to determine the commission paid to a broker-dealer?:** No

- **Recommend broker-dealers to clients?:** Yes

- **&nbsp;&nbsp;&nbsp;If yes, are any of these broker-dealers an associated person of the applicant?:** No

- **Compensate any person for client referrals?:** Yes

- **Receive compensation from any person for client referrals?:** No

### Item 8: Owners, Officers, and Other Control Persons

**A. (2) Does any person not named in Item 1-A or Schedules A, B, or C, directly or indirectly, control the applicant's management or policies?** No

**B. (1) Is any person in Schedule A, B, or C, or in Section 8-A of Schedule D a public reporting company?** No

### Item 9: Disclosure Information

**Criminal Disclosure:**

- **Applicant/Advisory Affiliate Convicted/Pled Guilty to Felony?:** No

- **Applicant/Advisory Affiliate Charged with Felony?:** No

- **Organization Convicted/Pled Guilty to Felony?:** No

- **Organization Charged with Felony?:** No

**Regulatory Disclosure:**

- **SEC/CFTC Found False Statement?:** Yes

- **SEC/CFTC Found Violation?:** Yes

- **SEC/CFTC Found Cause of Denial/Suspension?:** No

- **SEC/CFTC Entered Order?:** Yes

- **SEC/CFTC Imposed Civil Penalty?:** Yes

- **SRO Found Unethical Conduct?:** No

- **SRO Found Violation?:** Yes

- **SRO Found Cause of Denial/Suspension?:** No

- **SRO Barred/Suspended/Fined > $2,500?:** Yes

- **SRO Denied/Suspended/Revoked Registration?:** No

- **Foreign Authority Found False Statement?:** No

- **Foreign Authority Found Violation?:** Yes

- **Foreign Authority Found Cause of Suspension?:** No

- **Foreign Authority Disciplined?:** No

- **Authorization to Act as Attorney/Accountant Revoked?:** No

- **Subject of a Regulatory Complaint?:** No

**Civil Disclosure:**

- **Enjoined in Connection with Municipal Advisory Activity?:** Yes

- **Found to Have Violated Regulations?:** Yes

- **Civil Proceeding Dismissed Pursuant to Settlement?:** Yes

- **Named in Civil Proceeding Alleging Violation?:** No

### Item 10: Small Businesses

**Does the applicant have annual receipts of less than $7,000,000?** No

**Is the applicant affiliated with a person that has annual receipts of more than $7,000,000?** Yes

### Schedule A: Direct Owners and Executive Officers

| Name                         | Title/Status                                                                        | Date Acquired   | Ownership Code    | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|
| SI Holdings Inc.             | Shareholder Common                                                                  | 09-01-2006      | E - 75% or more   | Yes               | 20-5291688   |  |
| Curtis Franklin Jr. Bradbury | Senior Executive Vice President, Chief Operating Officer, Director                  | 04-03-1995      | NA - less than 5% | Yes               |  | 810347       |
| Donald Lawrence Chaney       | Senior Vice President & Chief Compliance Officer - Broker Dealer/Investment Advisor | 07-29-2022      | NA - less than 5% | No                |  | 4341765      |
| Mark Christopher Doramus     | Senior Executive Vice President/Chief Financial Officer/Secretary/Treasurer         | 01-02-2006      | NA - less than 5% | Yes               |  | 1888235      |
| Zoe Ann Hines                | Executive VP/Assistant CFO & Controller, Designated NYSE Chief Operations Officer   | 01-03-2005      | NA - less than 5% | No                |  | 709945       |
| Warren Amerine Stephens      | President/Chief Executive Officer/Director                                          | 06-03-1985      | NA - less than 5% | Yes               |  | 1033710      |
| Rachel Elizabeth Mondl Mayo  | Executive Vice President - General Counsel                                          | 08-01-2022      | NA - less than 5% | No                |  | 7341761      |

### Schedule B: Indirect Owners

| Owning Entity                                           | Name                                                    | Title/Status        | Date Acquired   | Ownership Code   | Control Person?   | IRS Number   |
|:---|:---|:---|:---|:---|:---|:---|
| SI Holdings Inc.                                        | Stephens Financial Services LLC                         | Shareholder Common  | 05-03-2010      | E - 75% or more  | Yes               | 43-1841894   |
| Stephens Financial Services LLC                         | Warren A. Stephens Revocable Trust # Two UID 06/14/2006 | Membership Interest | 05-03-2010      | E - 75% or more  | Yes               | 27-2059040   |
| Warren A. Stephens Revocable Trust # Two UID 06/14/2006 | Warren Amerine Stephens                                 | Trustee             | 06-14-2006      | E - 75% or more  | Yes               |  |

### Schedule C: Amendments to Schedules A and B

| Type   | Ownership   | Owning Entity                                           | Name                                                    | Title/Status                                                                        | Date Acquired   | Ownership Code    | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Direct      |  | SI Holdings Inc.                                        | Shareholder Common                                                                  | 09-01-2006      | E - 75% or more   | Yes               | 20-5291688   |  |
|  | Indirect    | SI Holdings Inc.                                        | Stephens Financial Services LLC                         | Shareholder Common                                                                  | 05-03-2010      | E - 75% or more   | Yes               | 43-1841894   |  |
|  | Indirect    | Stephens Financial Services LLC                         | Warren A. Stephens Revocable Trust # Two UID 06/14/2006 | Membership Interest                                                                 | 05-03-2010      | E - 75% or more   | Yes               | 27-2059040   |  |
|  | Direct      |  | Curtis Franklin Jr. Bradbury                            | Senior Executive Vice President, Chief Operating Officer, Director                  | 04-03-1995      | NA - less than 5% | Yes               |  | 810347       |
|  | Direct      |  | Donald Lawrence Chaney                                  | Senior Vice President & Chief Compliance Officer - Broker Dealer/Investment Advisor | 07-29-2022      | NA - less than 5% | No                |  | 4341765      |
|  | Direct      |  | Mark Christopher Doramus                                | Senior Executive Vice President/Chief Financial Officer/Secretary/Treasurer         | 01-02-2006      | NA - less than 5% | Yes               |  | 1888235      |
|  | Direct      |  | Zoe Ann Hines                                           | Executive VP/Assistant CFO & Controller, Designated NYSE Chief Operations Officer   | 01-03-2005      | NA - less than 5% | No                |  | 709945       |
|  | Direct      |  | Warren Amerine Stephens                                 | President/Chief Executive Officer/Director                                          | 06-03-1985      | NA - less than 5% | Yes               |  | 1033710      |
|  | Direct      |  | Rachel Elizabeth Mondl Mayo                             | Executive Vice President - General Counsel                                          | 08-01-2022      | NA - less than 5% | No                |  | 7341761      |
|  | Indirect    | Warren A. Stephens Revocable Trust # Two UID 06/14/2006 | Warren Amerine Stephens                                 | Trustee                                                                             | 06-14-2006      | E - 75% or more   | Yes               |  | 1033710      |

### Disclosure Reporting Pages (DRPs)

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1687411

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2, 9-D4)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1671206

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1639495

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1626548

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1613272

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc

- **CRD Number:** 3496

- **Disclosure Number:** 1591364

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1354595

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1265775

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1260563

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1098065

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 687965

**Regulatory DRP for: Applicant (Responding to Questions: 9-D4)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 685505

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 685483

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 685445

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 685443

**Regulatory DRP for: Applicant (Responding to Questions: 9-C1, 9-C2, 9-C4, 9-C5)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 306295

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 280755

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 262370

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 242979

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 242966

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 203276

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 182326

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 182315

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 164216

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110505

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110504

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110503

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110502

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110501

**Regulatory DRP for: Applicant (Responding to Questions: 9-D4)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110500

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110499

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110498

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110497

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110496

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110495

**Regulatory DRP for: Applicant and Associated Person (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110494

  - **Associated Person:** Zoe Ann Hines

  - **CRD Number:** 709945

  - **Filed On (AP):** Form ADV/BD/U4 for Stephens Inc.

  - **Disclosure Number:** 110494

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110493

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110492

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110491

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 110490

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1786158

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1864351

**Regulatory DRP for: Applicant (Responding to Questions: 9-C4, 9-C5, 9-D2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1786536

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1836643

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 1881072

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2, 9-C4, 9-C5)**

- **Filed On (Applicant):** Form ADV/BD/U4 for Stephens Inc.

- **CRD Number:** 3496

- **Disclosure Number:** 2020007

### Execution Page

**Signature:** Donald Chaney

**Signer Name:** Donald Chaney

**Title:** SVP & Chief Compliance Officer

**Date:** 03-08-2023

**CRD Number:** 3496