Reed Joins Stephens Inc.

Apr 30, 2001, 01:00 ET from Stephens Inc.

    LITTLE ROCK, Ark., April 30 /PRNewswire/ -- David A. Reed, recently
 retired Senior Vice Chair of Ernst & Young, LLP, has joined Stephens Inc. as a
 Strategic Advisor to the firm's Investment Banking Department.  Working out of
 the Stephens Dallas office, Reed will advise and assist the firm with respect
 to marketing, business development, account management and client service
 matters.
     "We are delighted to have David working with us," said Warren Stephens,
 President and CEO of Stephens Inc.  "At Stephens, our investment banking team
 focuses on providing sound strategic advice and quality services to a broad
 range of corporate clients.  David's 30 years' experience providing
 professional services to large and small companies around the globe will be
 invaluable to us, as we continue to grow our investment banking practice."
     Reed agreed, saying, "Stephens is a premier investment and merchant
 banking firm.  It has an outstanding reputation of in-depth industry
 knowledge, innovative ideas and experienced professionals.  Stephens is known
 for building long-term relationships with its clients, including such industry
 leaders as Wal-Mart, ALLTEL, Tyson Foods, J.B. Hunt, American Freightways,
 Acxiom, Power One, Bank of America and AEGON.  Today, Stephens' research and
 investment banking focuses on middle-market growth companies in both emerging
 technology and traditional industries."
     At a time when many investment banking firms are being swallowed up by
 large commercial banks, Stephens remains privately owned and holds to a
 philosophy that industry knowledge, experience, innovation and integrity are
 not a function of massive scale.  Dale Dawson, Stephens' Head of Investment
 Banking, added, "Delivering real value to our clients is important to us.  Our
 clients value the hands-on advice they receive from a well-capitalized,
 independent investment banking firm like Stephens.  We think David will be a
 great addition to our team."
     Stephens Inc., founded in 1933 and headquartered in Little Rock, Arkansas,
 is privately held by the Stephens family and is among the largest investment
 banks in the country.  The firm has offices in Atlanta, Austin, Baton Rouge,
 Boston, Charlotte, Chicago, Dallas, Nashville, New York, San Francisco,
 Seattle, St. Petersburg, and London, as well as throughout Arkansas.  Stephens
 Inc. is a member of the New York Stock Exchange.
 
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SOURCE Stephens Inc.
    LITTLE ROCK, Ark., April 30 /PRNewswire/ -- David A. Reed, recently
 retired Senior Vice Chair of Ernst & Young, LLP, has joined Stephens Inc. as a
 Strategic Advisor to the firm's Investment Banking Department.  Working out of
 the Stephens Dallas office, Reed will advise and assist the firm with respect
 to marketing, business development, account management and client service
 matters.
     "We are delighted to have David working with us," said Warren Stephens,
 President and CEO of Stephens Inc.  "At Stephens, our investment banking team
 focuses on providing sound strategic advice and quality services to a broad
 range of corporate clients.  David's 30 years' experience providing
 professional services to large and small companies around the globe will be
 invaluable to us, as we continue to grow our investment banking practice."
     Reed agreed, saying, "Stephens is a premier investment and merchant
 banking firm.  It has an outstanding reputation of in-depth industry
 knowledge, innovative ideas and experienced professionals.  Stephens is known
 for building long-term relationships with its clients, including such industry
 leaders as Wal-Mart, ALLTEL, Tyson Foods, J.B. Hunt, American Freightways,
 Acxiom, Power One, Bank of America and AEGON.  Today, Stephens' research and
 investment banking focuses on middle-market growth companies in both emerging
 technology and traditional industries."
     At a time when many investment banking firms are being swallowed up by
 large commercial banks, Stephens remains privately owned and holds to a
 philosophy that industry knowledge, experience, innovation and integrity are
 not a function of massive scale.  Dale Dawson, Stephens' Head of Investment
 Banking, added, "Delivering real value to our clients is important to us.  Our
 clients value the hands-on advice they receive from a well-capitalized,
 independent investment banking firm like Stephens.  We think David will be a
 great addition to our team."
     Stephens Inc., founded in 1933 and headquartered in Little Rock, Arkansas,
 is privately held by the Stephens family and is among the largest investment
 banks in the country.  The firm has offices in Atlanta, Austin, Baton Rouge,
 Boston, Charlotte, Chicago, Dallas, Nashville, New York, San Francisco,
 Seattle, St. Petersburg, and London, as well as throughout Arkansas.  Stephens
 Inc. is a member of the New York Stock Exchange.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X57406882
 
 SOURCE  Stephens Inc.