Friedman Billings Ramsey

FBR & Co. focuses its banking, advisory, trading and research efforts in the consumer, diversified industrials, energy & natural resources, financial institutions, healthcare, insurance, real estate and technology, media & telecom industry sectors. With the bank's headquarters in the Washington, D.C. metropolitan area, it offers its clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies.

With a substantial team of brokers, traders and sales traders, FBR is, as of June 30, 2011, a market-maker or trader in more than 1,570 equity and debt securities and provided independent research on 420 companies representing 25% of the S&P 500 by market capitalization