Founded in 1969, Morgan Keegan & Company is a full-service investment banking, securities brokerage, and wealth and asset management company. The company maintains more than 400 offices in over 15 U.S. states. With a work force of nearly 4,500 employees, it serves the financial needs of individual investors, and corporate and institutional clients throughout the United States. Headquartered in Memphis, Tenn., Morgan Keegan & Company offers a range of consumer and commercial banking products and services. It provides insurance products, such as annuities, stocks, bonds, and exchange and hedge funds. The company also offers financial, retirement and estate planning services. It is a subsidiary of Regions Financial Corporation, which has approximately $140 billion in assets. Morgan Keegan & Company maintains a presence in Dallas.