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  September 5, 2001
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Home > Company Index > Financial Services > Investment Banking & Brokerage > Sanders Morris Harris Group Inc.

Sanders Morris Harris Group Inc.
Nasdaq: SMHG
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 PROFILE
Sanders Morris Harris Group traded liquid waste for liquid assets. The company is the former Pinnacle Global Group, which was formed when environmental services firm TEI sold off assets and merged with three financial services firms: Harris Webb & Garrison, Pinnacle Management & Trust, and Spires Financial. Pinnacle sold off Spires, and merged its Harris unit with Houston investment banker Sanders Morris Mundy to form Sanders Morris Harris, with Sanders shareholders owning 50% of Pinnacle (thus the name change). Got that? The company offers institutional and retail brokerage, investment and merchant banking, secondary market loan and loan servicing placement, trust-related services, and asset management.

 COMPETITION
Credit Lyonnais Securities USA Inc. (dossier)
Southwest Securities Group, Inc. (SWS)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 42.10
1-Yr. Sales Growth: 121.6%
Employees: 216
Revenue per employee: $194,907.41

 KEY PEOPLE
• Robert E. Garrison
    CEO
• Jean Anne Mire
    CFO

 CONTACT INFO
600 Travis, Ste. 2900
Houston, TX 77002
US
Phone: 713-993-4610
Fax: 713-993-4611
Online: Web Site

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