VOL. 126 | NO. 177 | Monday, September 12, 2011
By Andy Meek
Duncan-Williams Inc. is continuing to expand its private client group. In keeping with its company-wide expansion goals, the Memphis-based investment banking firm a few days ago announced the addition of a new branch office in Akron, Ohio.
Tom Jewett has joined Duncan-Williams as branch manager and senior vice president of the private client group and will lead the expansion of the new office.
“We’re thrilled that Tom has joined Duncan-Williams as a senior member of our team,” said Ed Brundick, managing director and head of the firm’s private client group. “His background and experience managing multiple offices, recruiting and training financial advisers, and advising clients on their financial portfolios will serve him well in delivering value-added products and services to our clients.”
Duncan-Williams also has already added a few other names to its Akron roster.
Nancy Patterson has joined the firm as a producing vice president. Sarah Lance-Welch has joined the firm as Patterson’s registered sales assistant, and Kathy Watkins has joined as Jewett’s sales assistant.
Those additions come only a few weeks after Duncan-Williams added David Hager to the private client group. Hager joined the firm’s Memphis office as an annuity specialist, bringing his experience working with financial advisers providing product education, client recommendations, account reviews and marketing support.
Hager was previously with Morgan Keegan & Co. Inc., where he spent three years in annuity operations followed by seven years of annuity marketing.
Firm president Duncan Williams called Hager’s addition a game-changer for the future of the firm’s private client group. And Brundick said Hager’s addition is a key component in the firm’s efforts to support financial advisers with stellar expertise.
Speaking of Brundick, in January the firm announced Brundick’s addition to the firm as a managing director and head of the private client group. As such, Brundick has been tasked with building out the full-service financial advisory platform of the private client group.
Williams said Brundick brings an extensive background with him that makes him perfect for the job. It includes working at Morgan Keegan as an attorney and later as senior vice president and director of operations, reporting, compliance and technology for the wealth management services division of Morgan Keegan’s private client group.
Duncan-Williams Inc. is a privately owned full-service broker-dealer.
In 2008, the firm launched its 500 @ 50 initiative, a growth plan timed to the firm’s 50th anniversary in 2019 to transform it into a leading financial services company with about $500 million in annual revenue.