Founded by A. Duncan Williams, Duncan-Williams, Inc. is privately owned and headquartered in Memphis, TN. After the death of Mr. Williams in 1989, Carolyn Williams became owner of the parent company. Under the leadership of her son, Duncan F. Williams, President of Duncan-Williams, Inc., the firm has taken the national stage, growing from 49 to 169 employees and opening offices in Akron, Atlanta, Charlotte, Chicago, Cleveland, Houston, Jackson MS, New York and Philadelphia. With a capitalization of over $26 million and $75 billion (par amount) of bonds sold in the past five years, Duncan-Williams, Inc. is one of the largest “female-owned” investment banking firms in the nation. The firm has been certified as a Women's Business Enterprise (WBE) by The Women's Business Enterprise National Council.
The Memphis Grizzlies are a professional basketball team based in Memphis, Tennessee, USA. The team is part of the Southwest Division of the Western Conference in the National Basketball Association . Along with the Toronto Raptors, the Grizzlies were established in 1995 as part of the NBA's expansion into Canada. The team originated that year in Vancouver, British Columbia and relocated to Memphis in 2001. The team's majority owner is Michael Heisley, who controls a 95% share of the franchise; the remaining 5% is controlled by several local owners, including AutoZone founder J. R. Hyde, his wife Barbara Hyde, equity manager Staley Cates, and former NBA player and University of Memphis point guard Elliot Perry.