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FBR Overview

www.fbr.com
Arlington, VA
201 to 500 employees
1989
Company - Public (FBRC)
Finance
$100 to $500 million (USD) per year
Since our founding nearly 30 years ago, FBR has grown from a small research boutique focused on financial institutions into a leading equity capital markets firm for middle-market companies across diverse industry sectors. We are headquartered in Arlington, VA, with offices in ... Read more

FBR – Why Work For Us?


Our Story


FBR was founded in 1989 when Emanuel J. Friedman, Eric F. Billings, and W. Russell Ramsey borrowed $1 million to launch a research and securities trading firm specializing in the finance and real estate sectors. Hundreds of miles from Wall Street, these three entrepreneurs and 15 other employees established one of the most successful startups in the securities industry in the last half century.

Early on, we developed a disciplined approach to corporate analysis focusing on intrinsic value; an approach that critically examines the capital structure of companies as well as the competitive and growth opportunities within industry sectors. This discipline remains a core element of our corporate culture and is applied in our published research, investing ideas, and underwriting decisions.

In 2007, FBR & Co. (NASDAQ:FBRC) was spun out from its former parent as an independent investment bank. In its brief history, FBR has grown from a regional boutique firm with primary expertise in financial institutions into a highly regarded investment bank with broad national coverage across many industries including consumer, energy, healthcare, industrials, insurance, and technology sectors.

FBR adds value by understanding the dynamics driving rapidly changing industries by establishing specialized industry platforms that offer sector-concentrated expertise in research, trading, distribution, investing, mergers and acquisitions, and capital-raising.

We have the capacity to react quickly to meet the demands of a rapidly changing marketplace, and we are known for our ability to successfully complete even the most challenging transactions, often utilizing innovative structures. The ability to do this stems from FBR’s highly effective distribution capability. We believe our brokerage professionals – one of the most knowledgeable sales teams in the industry – are distinguished by their in-depth understanding of the companies and industries on which we focus. Many of our institutional clients have been long-standing investors in transactions that we have brought to market and have continued to have a close relationship with us as they have grown in size and assets under management.

Corporate Giving


As a firm, we take pride in being a good corporate citizen in the communities where we live and work. FBR supports and encourages our employees’ participation in community programs where their personal involvement makes a difference. The FBR Foundation encourages these commitments by directing corporate support to charities in which our employees and our partners play an active role.

In 2014, to commemorate its 25th Anniversary, FBR undertook a significant Corporate Giving initiative with the input, support and direction of employees.  A committee of tenured employees was established to accept and review nominations from employees for special, one-time anniversary grants.  As a result of this effort, over the course of its 25thyear, FBR will designate ten $25,000 grants to organizations making a sustainable impact on our communities.    The organizations selected to receive these special grants include:

  • Alexandria Seaport Foundation – An Alexandria-based non-profit whose mission is to help disadvantaged youths develop math and science skills through hands on in-school programs as well as providing older students with apprentice programs and mentoring to develop work-ethic, self confidence, social skills and the discipline and focus required to master the craft of wooden boat building.
  • Association to Benefit Children – A New York-based organization dedicated to bringing joy and warmth to disadvantaged children and their families through compassionate, sustainable, comprehensive and integrated services designed to break the cycles of abuse, neglect, sickness and homelessness.  Programs include early childhood education, hosting assistance, mental health services crisis intervention, summer camps, and mentoring.
  • DreamDog Foundation – A Virginia-based group dedicated to the empowerment and literacy of both at-risk children and their families.  Programs include such strategies as Family Links which provides classes in parenting, specifically for teen mothers, “Book of My Own” workshops to support learning in language arts, and seminars on various topics to help families in crisis or special need.
  • Harrison’s Heroes – A new Houston-based foundation to provide support for the welfare of children in the hospital and their families.  In memory of 2-year old Harrison Kothari who passed away in 2010 as a result of an infection he contracted while recovering from brain surgery.
  • Leukemia and Lymphoma Society – A national organization seeking to eradicate blood borne cancers and to support the patients and families being treated for them.
  • Play Ball! Foundation – Founded by Mike Harney, this group provides access to competitive sports to over 1,300 middle school students in the Greater Boston area.  Of the participants, nearly 80% live below the poverty line and would not otherwise be able to participate in after school activities.  Today Play Ball! Has over 46 teams offering football, baseball, Double Dutch, volleyball, and soccer to middle school students in over 20 public schools.
  • Sasha Bruce Youthworks – A Washington DC based organization whose mission is to improve the lives of runaway, homeless, abused, neglected and at-risk youth and their families.  Sasha Bruce is the only youth-specific shelter in the Nation’s Capital.
  • So Others May Eat – A Washington regional organization that exists to help the poor and homeless in the Capitol Region and break the cycle of homelessness by offering services such as affordable housing, job training, addiction treatment, and counseling to the poor, elderly and individuals with mental illness.
  • Stop Soldier Suicide – The first national civilian not-for-profit organization dedicated to preventing active duty and veteran suicide.  Stop Soldier Suicide hosts an annual even in New York to build awareness for this issue and build support mechanisms for soldiers, many of whom must overcome the impact of traumatic events as they return home from service.
  • Youth I.N.C. – A New York-based effort dedicated to improving the lives of though a unique venture philanthropy model that empowers, develops and educates non-profit organizations serving young people in the metropolitan area.

We are very proud to support these and dozens of other meaningful charities striving to improve the lives of people in our communities.

Careers


A leading capital markets firm, we have a national investment banking franchise, one of the best securities distribution capabilities in the industry, a highly successful institutional sales and trading business, and a well-regarded research team.

FBR seeks and attracts diverse, qualified individuals who are results-driven, self-motivated team players.

Our management structure fosters open communication and the flow of ideas across the entire organization. Our team-based culture allows us to respond quickly to client needs, offering innovative solutions and opportunities.

The overall spirit of the organization is dynamic and entrepreneurial. Employees enjoy an environment that is fast-paced, demanding and rewarding. We recognize individual contributions and provide opportunities for advancement and professional growth.  All of this spells opportunity for those who work hard for our clients and organization.

We offer a highly competitive and comprehensive benefits program that rounds out a well-balanced total compensation plan.

FBR Reviews

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FBR Chairman and Chief Executive Officer Richard J. Hendrix
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  • Featured Review

    "Great Place to Work"

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    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great benefits and challenging work environment. Really support co workers and fun atmosphere. The compensation is above market. I enjoyed my time there.

    Cons

    Long hours and very early mornings. Many times you would have to work weekends to keep up with the work load.

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FBR Interviews

Experience

Experience
62%
25%
12%

Getting an Interview

Getting an Interview
38%
30%
23%
7

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  1.  

    Equity Research Associate Interview

    Anonymous Interview Candidate in Arlington, VA
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 5 weeks. I interviewed at FBR (Arlington, VA) in January 2017.

    Interview

    There was an initial phone interview to confirm my qualifications. A week later, I came in to do an in-person one-on-one interview with the analyst I would work under and another analyst. I was called back for a second round of interview where in had one-on-one interviews with department heads.

    Interview Questions

    • Are you willing to work long days and possibly on weekends?   Answer Question
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