Morgan Keegan & Co, a US-based full-service investment firm, has opened its fourth office in the greater Dallas area in Plano. The company also has two offices in Dallas and one in Irving.

The new location in Plano, with approximately 4,000 square feet, opens with three financial advisers and one registered sales assistant, with room for an additional five financial advisers and two support staff.

Morgan Keegan opened its first office in the Dallas area in 1994. Today, the firm has 24 financial advisers and 16 support staff members in Dallas, North Dallas and Irving.

Don Davis, senior vice president at Morgan Keegan, who oversees all four offices in the Dallas area, said the firm is committed to increasing its presence in a market considered vital to Morgan Keegan’s plans for growth.

Mr Davis said: “It puts us in a better position to build and maintain close, personal relationships with our clients in the Plano, Frisco and Prosper areas and further enhances our ability to serve all aspects of our clients’ financial needs.”