Detwiler, Mitchell & Co. - DMCO- Profile

Detwiler, Mitchell & Co.. The Group's principal activities are retail and institutional brokerage and the provision of financial services. Its subsidiaries are Fechtor, Detwiler & Co. Inc., James Mitchell & Co. and Detwiler, Mitchell & Co. (UK) Limited. The Group offers in-depth analysis of business conditions, demand and pricing information of high-technology industry segments. It offers to purchase and sell equity securities on behalf of its customers and processes orders for bonds, mutual funds, other securities and insurance products. The Group provides annuity, insurance and mutual fund sales and support services for certain financial institutions and life insurance companies. Commission fees accounted for 93% of 2002 revenues; investment banking, 3%; interest income, 1%, principal transactions, nominal and other income, 3%.