Duncan-Williams, Inc. Adds a New Member to Its Institutional Sales Force

Jun 01, 2010, 16:03 ET from Duncan-Williams, Inc.

MEMPHIS, Tenn., June 1 /PRNewswire/ -- Duncan-Williams, Inc. announces an addition to the Institutional Fixed Income Sales department.

Steve Lemon has joined Duncan-Williams as Vice President of Institutional Fixed Income Sales. Mr. Lemon will focus on relationships with money managers, insurance companies, banks, credit unions and other institutional fixed income customers.

"I am excited to expand Duncan-Williams' footprint on the West Coast with the opening of its Portland office. Duncan-Williams is a firm with a great 40 year-old tradition that is embarking on new ambitious growth plans," says, Mr. Lemon. "We have the energy and commitment to build relationships throughout Oregon and the West."

Mr. Lemon brings over 20 years of experience as an investment professional from his years with US Bank, Salomon Smith Barney, and Seattle-Northwest Securities in sales, trading and portfolio management capacities. Mr. Lemon holds his Series 7 and 63 licenses.  He is a CFA charter holder and he is a graduate of Stanford University.

Mr. Lemon will work under the direction of Jack Schlifer, Managing Director and National Sales Manager. "We're excited that Steve has joined the Duncan-Williams team as a senior member of our Institutional Sales force," says Mr. Schlifer. "His background and experience will serve him well in delivering value-added Fixed Income products to our clients."

In 2008, Duncan-Williams, Inc. launched its 500 @ 50 initiative, a comprehensive growth plan coordinated with the firm's 50th anniversary in 2019 to transform DWI into a leading financial services company with approximately $500 million in annual revenue.

Duncan-Williams, Inc. is a privately owned full service broker dealer headquartered in Memphis, TN. With stockholders equity of over 26 million and over 75 billion (par amount) of bonds sold over the past five years, Duncan-Williams, Inc. is one of the largest "female-owned" investment banking firms in the nation. The Women's Business Enterprise National Council certifies Duncan-Williams, Inc., as a Women's Business Enterprise (WBE).  Duncan-Williams, Inc. is a member of FINRA, SIPC and RBDA.

SOURCE Duncan-Williams, Inc.