Info

Dain Rauscher Corporation provides investment advice and services to individual investors in the western United States and investment banking services to corporate and governmental clients nationwide through its principal subsidiary, Dain Rauscher Incorporated. The Company also clears and settles securities trades on a fully-disclosed basis for 166 correspondent brokerage firms through its correspondent clearing unit. Another subsidiary, Insight Investment Management Inc. serves as investment advisor to the Great Hall Investment Funds (5 open-end money market mutual funds) and provides fixed income portfolio management services to a variety of private accounts. Dain Rauscher Lending Services Inc. makes certain types of loans to customers that are collateralized by customers' control and restricted securities.(Source: 10-K405)