What is friedman billings ramsay?

Friedman, Billings, Ramsey Group, Inc. (FBR) was an investment banking and asset management firm based in Arlington, Virginia. The company was founded in 1989 and operated as a publicly traded company on the New York Stock Exchange.

FBR was known for its expertise in research, mergers and acquisitions, and asset management services. The company had a strong focus on industries such as financial services, energy, healthcare, technology, and real estate.

In 2009, FBR was acquired by B. Riley Financial, Inc. and was subsequently rebranded as B. Riley FBR. The firm continued to provide investment banking and asset management services under the new ownership.

Overall, FBR was renowned for its innovative thinking and client-focused approach in the financial services industry. Its merger with B. Riley Financial further solidified its position as a leading investment banking and asset management firm.