Sir Allen Stanford

Archived Nov. 11, 2004
HOUSTON - Nov. 11, 2004 Stanford Group Company announced Thursday that the prestigious Washington Research Group has joined the Stanford family.
“We are extremely pleased to welcome the Washington Research Group,” said R. Allen Stanford, chairman and CEO of the Stanford Financial Group of companies. “They bring a splendid reputation, and their presence with our Institutional Division reinforces our commitment to be a major force in this marketplace.”

As the oldest and largest Washington-based institutional research group, WRG has consistently been ranked in the top three for Macro/Washington research by Institutional Investor Magazine. The group’s 30-year history and deep, on-the-ground experience result in a highly differentiated research product, valued by the top institutional money managers. Now, as the Stanford Washington Research Group, the team of senior policy analysts will continue to deliver investment-relevant insights to investors across a broad range of sectors from healthcare, to financial services, to telecom/media, economics/politics, and aerospace/defense.

Stanford Group Company will add WRG to its growing Institutional Division, which includes an equity research group that has 139 companies currently under coverage, expected to grow to 500. Together, the two groups will generate important synergies as they support institutional investors with unique policy and regulatory perspectives and traditional equity research, according to Rocky Stein, managing director of Stanford’s Institutional Division and Ed Garlich, the founder of WRG.

Both entities target important growth sectors including consumer, energy, financial services, healthcare, media and technology.