10. M.R. Beal & Co.

Founded by Bernard Beal in 1988, M.R. Beal &  Co. is one of the largest minority-owned full-service investment banks in the U.S. M.R. Beal specializes in municipal/corporate underwritings, equity IPOs and secondary offerings, as well as financial advisory services.

Since its inception, the New York City-based firm has grown from eight professionals in one office to over 30 people located in offices in New York, Chicago, Dallas, and Sacramento. The company has managed more than $400 billion in municipal financings and $15 billion in equities; advised over $7 billion in 60 financings; and has been involved in more than $75 billion in equity financings.

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