Stockwalk Group, Inc.

Description

Stockwalk Group, Inc., through its subsidiaries, provides a variety of investment services. Through its Miller Johnson Steichen Kinnard, Inc. (MJSK) subsidiary, the company offers traditional securities brokerage, securities trading, investment banking, and research services. This subsidiary provides investment advice for individuals and institutions; financial advisory and underwriting services to governments and municipalities in the upper midwest; investment banking assistance to start-up and early stage regional companies; and resale of bank and thrift certificates of deposit. MJSK also provides analysis, investment recommendations, and market information on small capitalization emerging growth companies. The companys MJK Clearing, Inc. subsidiary, a self-clearing firm, provides transaction-clearing services. As a clearing agent, MJK offers transaction execution, account maintenance, and record keeping services for customer accounts. MJK Clearing also contracts with other vendors to produce, batch, and mail its confirmations and customer reports. The company competes with Merrill Lynch, Morgan Stanley, Discover & Company, American Express Financial Advisors, Inc., Dain Rauscher Incorporated, Bear Stearns Securities Corp., Correspondent Service Corporation (Paine Webber), National Financial Services Corp., Pershing, Southwest Securities, Inc., U.S. Clearing Corp., Ameritrade, Charles Schwab & Co., Inc., and DLJdirect, Inc. The company was formerly known as Stockwalk.Com Group Inc. and changed its name to Stockwalk Group, Inc. in January 2001. The company was incorporated in 1993 and is based in Minneapolis, Minnesota.

Tags:

Banking, Corporate and Investment Banking Services, Individual Banking, Investment Banking and Financial Services Company, Bank Securities, Bank Capital, Mergers and Acquisitions, Banking Markets, Personal Loans