Financial Services >> Analyst Interviews >> November 26, 2003

Outlook For Investment Services Stocks: Matt Snowling – Friedman, Billings, Ramsey Group Inc

Matt Snowling joined FBR's financial services research group in January 1999. Mr. Snowling's professional accounting background served him well as a research analyst covering government-sponsored enterprises, super- regional banks and money-center banks. In 2003, he was chosen to spearhead FBR's coverage of investment services companies. Prior to joining FBR, Mr. Snowling worked at USF&G Insurance, specializing in tax issues for the company's investment properties. Prior to that, he worked for three years as a senior accountant for the National Retail Federation. He received his MBA and his BS in Accounting from the University of Maryland. He is a CPA and has received the CFA designation. He is a member of the American Institute of Certified Public Accountants and Association for Investment Management and Research. Profile
TWST: What's within the investment services area and what do you include

in your coverage?

Mr. Snowling: We broadly define investment services as the asset

managers and the online brokers.