Stephens Adds Senior Talent to Institutional Equities and Research Practice – Press Release

LITTLE ROCK, Ark.–(Business Wire)–Stephens Inc., an independent financial services firm, today announced
the hiring of Frank Chiou as managing director for New York
Institutional Equity Sales and Mark Connelly as managing director and
senior equity research analyst. Mr. Chiou and Mr. Connelly will be based
in Stephens’ New York office.

“We continue to grow our Institutional Equities practice with our
clients’ best interests in mind. Accordingly, the additions of Frank and
Mark exemplify our commitment to high-quality, differentiated service.
Each brings to Stephens extensive industry knowledge, relationships, and
experience critical to our investor client base as well as to our
business objectives,” commented Nik Fisken, EVP and Head of
Institutional Equities at Stephens.

Frank Chiou has more than 20 years of institutional equity sales
experience and joins Stephens from William Blair where he was a partner.
Previously, Mr. Chiou held sales positions at Thomas Weisel, Adams
Harkness, and Goldman Sachs. He is a graduate of Duke University.

As a senior analyst, Mark Connelly will cover paper, packaging, and
chemicals for Stephens. His expertise of these sectors as well as global
agribusiness spans 30 years. Before joining Stephens, Mr. Connelly was a
senior analyst with CLSA Americas and has held similar positions with
Credit Suisse Group and J.P. Morgan & Co. Mr. Connelly received his
Bachelor of Science and MBA from New York University.

“We’re very excited by the momentum in our business and the
opportunities ahead of us. Our group now comprises more than 150
personnel across the country and in the past year, our New York office
has grown by over 50%. We’re pleased to welcome Frank and Mark to the
team and look forward to their contributions to our efforts,” concluded
Mr. Fisken.

About Stephens Inc.

Stephens Inc. is a full service, independent financial services firm
headquartered in Little Rock, Arkansas. Since its inception in 1933,
privately held Stephens Inc. has served a broad client base which
includes corporations, state and local governments, financial
institutions, institutional investors and individual investors
throughout the United States and overseas. For more information, visit

Stephens Inc.
Chenoa Taitt, 212-891-1742
Stephens, 212-891-1717

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