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Tedford and Son Leave Stephens Inc., Go In with Stephens GroupLock Icon

1 min read

You may have heard the rumor. We can confirm it is true:

Bill Tedford has left Stephens Inc. after 51 years, along with son Alan, and they have hooked up with the other side of the Stephens family.

The Tedfords departed Stephens Inc., owned by the late Jack Stephens’ son Warren, on Oct. 6, spokesman Frank Thomas confirmed.

Ron Clark, general counsel for the Stephens Group LLC, confirmed that the Tedfords are “partnering” with Witt Stephens Jr. and Elizabeth Stephens Campbell, children of Jack Stephens’ older brother, Witt Sr., “to start a new asset management business named Stephens Group Asset Management, LLC.”

A limited liability company of that name was registered with the Secretary of State’s Office on June 2.

Bill Tedford was an executive vice president at Stephens Inc. and director of fixed-income strategy. His bio, which was quickly scrubbed from the Stephens Inc. website, described him as “a student of the economy … known for his analysis of monetary cycles and interest rates.” (A page celebrating his 50th anniversary with the company on Sept. 12, 2016, has also been disabled.)

Alan Tedford was a senior vice president and fixed-income portfolio manager. He had been employed by Stephens Inc. since 1998.

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