Memphis-based Duncan-Williams Inc. last week announced that the firm had been certified by the Women’s Business Enterprise National Council as a “women’s business enterprise.”

“This national certification puts an official stamp on who we have been as a business for two decades,” said Duncan-Williams co-chairman Carolyn Williams, who has owned the business since her husband, A. Duncan Williams, died in 1989.

The council’s certification also recognizes the company’s work on a growth initiative called 500@50, Carolyn Williams said. She explained that the goal is to become a leading financial services company with $500 million in annual revenue by 2019 — the firm’s 50th anniversary.

Duncan-Williams is a full-service brokerage and investment banking firm for retail and institutional organizations in 50 states and 11 foreign countries. It has offices in New York, Jersey City, N.J., Chicago, Seattle, Houston, Charlotte, N.C., and Jackson, Miss.

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