LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens, an independent financial services firm, announced today that Robert Hughes has joined its Institutional Equities sales team as a managing director and financial institutions group (FIG) specialist. Mr. Hughes brings more than 23 years of industry experience to Stephens, deepening the firm’s FIG-related capabilities and offering. He is based in Stephens’ New York office.
For more than 20 years, Stephens has been a leading presence covering and servicing financial institutions. According to Nik Fisken, executive vice-president and head of Institutional Equities and Research at Stephens, “With research dedicated to more than 100 banks and depositories, and over 150 financial services stocks, we are among the top-five in the industry, trusted for the quality of our analysis and insights. As we grow our market-share in financials, Bob will be integral to driving new relationships and revenue opportunities. He brings a keen ability to identify and capitalize on opportunities focused on innovation and trends within the sector; Bob understands the broader impact on and correlation of financials within the areas of consumer, healthcare, industrials and technology – industries we know well. We’re excited to have Bob on our team.”
“Stephens’ has an enviable history and reputation for working with and investing in financial institutions. The firm brings a depth of knowledge and expertise to its coverage of the sector that I believe sets it apart and is a distinct competitive advantage as we go to market. I see great opportunity for the firm and look forward to contributing to Stephens’ success,” added Bob Hughes, managing director.
Mr. Hughes comes to Stephens from D.A. Davidson where he served in a similar role. He held earlier positions with FIG Partners, Citadel LLC, Keefe, Bruyette & Woods, and UBS Warburg. He is a graduate of North Carolina State University and holds an MBA from the University of Pittsburgh.
“Stephens” (the company brand name) is a leading family-owned investment firm comprising the businesses of investment banking, advisory, sales and trading, research, insurance and wealth management. Founded in 1933, Stephens’ US operations are headquartered in Little Rock, AR, with additional locations in strategic domestic markets and a European practice in England and Germany. Stephens is committed to building long-term value for corporations, state and local governments, financial institutions, and institutional and individual investors. Stephens’ affiliates include: Stephens Inc. (offers securities products; member NYSE SIPC), Stephens Investment Management Group, Stephens Insurance, LLC, Stephens Capital Partners LLC, and Stephens Europe Limited. © 2021 Stephens. For more information, visit www.stephens.com.
Stephens Inc. is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority (Home Office: 111 Center Street, Little Rock, AR USA, 501-377-2000).