Duncan-Williams, a family- and employee-owned investment firm based in Memphis, has opened a Nashville office as part of a broader expansion push and recruited a former local Morgan Keegan investment banker to lead the operation.

Dave Meagher, formerly a medical technology and life sciences investment banker with the Nashville office of Morgan Keegan/Raymond James, is now the director of health care investment banking for Duncan-Williams locally.

"Being a Tennessee firm, we are eager to be in a dynamic and growing healthcare center such as Nashville," said Kevin Ogilby, executive vice president and head of investment banking in a company presser.

Company officials could not be reached for comment Wednesday. It’s unclear if firm leaders have further expansion plans, specifically in Nashville.

Duncan–Williams’ other new location is in Dallas. Brit Stock, a vice president and Karl Biggers, a managing director, will staff the office in Dallas. Also joining the company in Birmingham is Rick Coad, a vice president. Prior to Duncan-Williams, Coad had been a senior vice president for Raymond James/Morgan Keegan and AmSouth Bank.