FBR Capital Markets
FBR & Co. (Nasdaq:FBRC, formerly known as Friedman, Billings, Ramsey Group) was a capital markets firm headquartered in Arlington, Virginia. Founded in 1989 by Emanuel J. Friedman, Eric F. Billings, and W. Russell Ramsey, the company provided investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiaries FBR Capital Markets & Co. and MLV & Co. FBR focused capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; insurance; industrials; real estate; and technology, media & telecom. FBR was based in the Washington, D.C. metropolitan area with offices throughout the United States. In 2017 the company was sold to B. Riley Financial for $160.1 million.
| Company type | Subsidiary |
|---|---|
| Industry | Financial Institution |
| Founded | 1989 |
| Headquarters | Arlington, Virginia, United States |
| Products | Investment banking, Brokerage |
| Revenue | US $120.4 Million(2015) |
Net income | US $7.5 Million (2015) |
Number of employees | 303 (2015) |
| Parent | B. Riley Financial |
| Website | www.brileyfbr.com |