As a child, James Reynolds, Jr. learned the benefits of being an entrepreneur from his father, who owned his own taxi company. He often spoke about the benefits of being your own boss and not working for anyone else.
Reynolds started his career as a municipal note taker in Chicago. The company offered him the opportunity to participate in its rotational leadership development program.
He was later recruited by Merrill Lynch to manage its municipal sales team and oversee the distribution of all tax-exempt products to institutions in the Midwest. By 1996 he was the company’s top bond salesman in the Midwest.
But he wanted something of his own. So when he told his bosses he was leaving to start his own business, they asked him how they could help.
In 1997, Loop Capital Markets opened its doors with six employees. At the time, he envisioned Loop as a company that mostly traded bonds, but its public finance business grew to become its bread and butter.
Today, with 160 employees across 23 offices, Loop Capital provides a broad range of integrated capital solutions for corporate, governmental and institutional entities. The company’s net sales grew by 64% from 2008 to 2010.
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