MEMPHIS, Tenn., Sept. 20 /PRNewswire/ -- Duncan-Williams, Inc. was recently ranked among the fastest growing private companies in the U.S. by Inc. Magazine, a leading magazine for entrepreneurial businesses, in its fourth annual 5,000 Fastest Growing Private Companies report.
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Duncan-Williams, a leading investment banking firm ranked 1569th based on revenue growth of 183 percent when comparing 2006 to 2009. The firm grew from $20 million to $56.7 million during that period. According to Inc., Duncan-Williams was the 85th fastest growing firm in the magazine's broad "financial services" category, which includes accounting firms, brokerages, lending services and technology firms serving the financial industry.
It was the first time the firm was included in Inc.'s rankings, which represents the most comprehensive look at the most important segment of the economy – America's independent-minded entrepreneurs.
The firm has consistently been one of the fastest-growing investment banking firms in the U.S., over the past three years. With 16 offices in 11 states, the firm has doubled in size to over 168 employees. In addition to staff, the firm has significantly expanded its service offerings for all levels of purchasers through its three platforms: Fixed Income Capital Markets, Equity Capital Markets and Private Client Group.
"We began an aggressive growth plan in 2007, when we had revenues of $17.7 million, and set out to expand the services we offer our clients to meet their growing needs," said Duncan F. Williams, the firm's President and CEO. "We're extremely proud of our ability to grow and improve our investment services."
Duncan-Williams, Inc. is a privately owned full service broker-dealer headquartered in Memphis, TN. With stockholders' equity of over $26 million and over $75 billion (par amount) of bonds sold over the past five years, Duncan-Williams, Inc. is one of the largest "female-owned" investment banking firms in the nation. The Women's Business Enterprise National Council certifies Duncan-Williams, Inc. as a Women's Business Enterprise (WBE). In 2008, Duncan-Williams, Inc. launched its 500 @ 50 initiative, a comprehensive growth plan coordinated with the firm's 50th anniversary in 2019 to transform DWI into a leading financial services company with approximately $500 million in annual revenue. The firm is a member of FINRA, SIPC and BDA. Additional information is available at www.duncanw.com.
SOURCE Duncan-Williams, Inc.
For further information: Gary W. Lendermon, Director, Marketing & Communications, Duncan-Williams, Inc., +1-901-260-6847