Madison Williams and Company

Madison Williams and Company, an integrated capital markets and advisory firm, has completed a management buyout of the principal capital markets business from Sanders Morris Harris Group [NASDAQ:SMHG]. The new firm has received its broker-dealer license from FINRA and is now privately owned by management, employees, and key institutional investors, including Fletcher International, Inc.Madison Williams has 80 employees in five cities. The new firm’s strategy is to concentrate its resources on industry and product sectors where its integration of investment banking, research and institutional sales and trading services can most effectively meet the needs of the firm’s targeted clientele.