Heritage Asset Managers
47yrs
Top advisor by experience in Arkansas
5yrs
Raj Kumar
Financial advisor at Stephens
Raj Kumar is a fiduciary financial advisor in Little Rock, Arkansas, with 5 years in the industry. Raj joined Stephens in 2021, a firm offering financial planning, investment management, and retirement plan consulting. Raj holds the CFA designation.
One of 676 advisors with offices in Little Rock, and one of 635 fiduciaries.
At a glance
Experience5 years (since 2021)
How that compares ?5 years in the industry
Office111 Center Street, Little Rock, AR 72201
FirmStephens
How the firm is paid ?Percent of assets, Hourly, Flat fee, Commissions, Performance fee
Typical client at the firm ?$672,559
Advisors at the firm243
States licensed ?1 state
Services through Stephens
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersNewsletters and publicationsEducational seminars and workshops
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Designations
CFA
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Series 66Uniform Combined State Law Examination
Career
- 2021 – nowStephensCurrent firm
Contact Raj
(501) 377-2000Stephens main office 111 Center StreetLittle Rock, AR 72201Office · Get directions
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Questions to ask Raj
Tailored to Raj’s registration and firm.
- At a firm this size, will I work with you directly or with a service team?
- Your firm can charge performance-based fees. Would that apply to me?
- What does a financial plan with you include, and how often is it updated?
- If you use outside managers, how are they chosen and what do they cost on top of your fee?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
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About Raj
How do I contact Raj?
Call Stephens at (501) 377-2000 and ask for Raj Kumar. Raj works from the Little Rock, AR office.
How long has Raj been a financial advisor?
Raj has been in the industry since 2021, about 5 years. 5 years in the industry.
What licenses does Raj hold?
Series 66. Tap any license on this page to see what it allows.
Is Raj a fiduciary?
Raj is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Raj paid?
Stephens reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees, commissions on some products, a share of investment gains. Ask Raj for your total yearly cost in dollars.
Official record as of October 3, 2026.
This profile is for information only and is not financial advice or a recommendation.
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