| Business Summary | | Friedman,
Billings,
Ramsey
Group,
Inc.
(FBR)
is
a
financial
services
and
investment
firm
focused
on
investment
banking
and
securities,
specialized
asset
management
products,
including
venture
capital
funds
and
online
investment
banking,
brokerage
and
securities
distribution
services.
Investment
banking
and
securities
operations
are
conducted
primarily
through
Friedman,
Billings,
Ramsey
&
Co.,
Inc.,
the
Company's
principal
registered
broker-dealer
subsidiary.
Specialized
asset
management
products
are
offered
primarily
through
two
registered
investment
adviser
subsidiaries,
Friedman,
Billings,
Ramsey
Investment
Management,
Inc.
and
FBR
Venture
Capital
Managers,
Inc.
Online
services
are
conducted
through
its
online
investment
bank
and
brokerage
unit,
fbr.com,
a
division
of
FBR
Investment
Services,
Inc.,
a
registered
broker-dealer.
The
Company
provides
a
wide
array
of
financial
products
and
services
in
broad
industry
sectors,
such
as
financial
services,
real
estate,
technology
and
energy. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FBR
is
a
financial
services
and
investment
firm
focused
on
investment
banking
and
capital
markets;
venture
capital
and
other
asset
management
products;
and
online
investing
banking
and
brokerage.
For
the
six
months
ended
6/30/01,
revenues
fell
29%
to
$77.6
million.
Net
loss
totaled
$1
million
vs.
an
income
of
$11.7
million.
Results
reflect
negative
asset
management
incentive
allocations
and
increased
business
development,
occupancy
and
equipment
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Emanuel Friedman, 55 Chairman,
Co-CEO | $2.5M | W. Russell Ramsey, 41 Pres,
Co-CEO, Director | 2.5M | Eric Billings, 48 Vice
Chairman, Co-CEO | 2.5M | Kurt Harrington, 48 CFO,
Sr. VP | 355K | Robert Smith, 41 Exec.
VP, COO, Gen. Counsel | 1.1M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|