I-banking in D.C.
Based in Arlington, Va., FBR offers a full
range of investment banking, institutional brokerage, and asset
management services. In addition to headquarters in the Washington,
D.C.-metropolitan area, the firm has U.S. offices in Boston,
Houston, Irvine, New York, and San Francisco; an international
outpost is maintained in London.
At its inception, FBR (formerly known as
FBR Capital Markets) set out to deliver research on a select group
of industries. The firm has since expanded its capabilities, and
today concentrates on eight industries: consumer goods, diversified
industrials, energy and natural resources, financial institutions,
health care, insurance, real estate, and technology, media, and
telecommunications. FBR complements its advisory and sales and
trading offerings with a formidable equity research team that
covers approximately 460 companies (in 2010, one of its senior
financial analysts, Paul Miller, was named the No. 1 over overall
sell-side analyst by Forbes.com in its annual Blue Chip Analyst
Awards, beating out more than 2,700 of his peers to receive the
Today, FBR employs approximately 440
employees and is led by its CEO, Richard J. Hendrix. The firm
trades on NASDAQ under the ticker FBRC.