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Consumer Expertise

FBR's Consumer/Retail Investment Banking group adopts a distinctively entrepreneurial approach in serving public and private companies and institutional investors across a range of industry sub-sectors:

  • Apparel & Footwear
  • E-Commerce & Internet
  • Food & Beverage
  • Hardline Retail
  • Specialty Apparel Retail
  • Department Stores

We listen to our clients and understand their specific needs in order to assist them in building long-term value. In particular, we pride ourselves on our ability to generate unique value-creation ideas, offer innovative advice, provide attractive growth capital options and create shareholder liquidity alternatives for our clients.


Investment Banking

Our Consumer/Retail Investment Banking group brings a wealth of experience in advising companies across various setors of the broad consumer & retail industries.  Our team is comprised of highly experienced investment bankers who have participated in hundreds of completed transactions during their careers.  We seek to offer our clients a level of insight, understanding, execution and creativity that is unparalleled.

Institutional Brokerage

FBR focuses exclusively on areas in which we can clearly make a difference and add value. We do this by establishing broad and deep specialized industry platforms that offer sector-concentrated expertise in research, trading, distribution, investing, mergers and acquisitions and capital-raising.


Investment Banking Leads
  • William F. Detwiler
    Sr. Managing Director & Co-Head of Consumer, Retail & Healthcare Investment Banking
  • Robert H. Swindell
    Sr. Managing Director & Co-Head of Consumer, Retail & Healthcare Investment Banking

FBR believes that the independence and integrity of our Research team are paramount to our mission. FBR Research is completely independent from FBR Investment Banking.

Research Analysts
  • David Hilal, CFA
    Director of Research, Senior Managing Director and Group Head of Technology, Media & Telecom