Asher Rapp

Asher Rapp (48) is an experienced institutional account executive in the

Debt Capital Markets Group at Duncan-Williams, Inc. Prior to joining
Duncan-Williams, Asher was the national director of sales and marketing
with Settlements for Life, Inc., Samco Capital Markets and began his
fixed income career at NBC Capital Markets Group / Suntrust in Memphis.
Before that, Asher was the owner of a local information technologies
firm with 20 network and software engineers.

He is involved in fund raising and events at the Margolin Hebrew Academy

/ Feinstone Yeshiva of the South where his three children attend. He
has been married 18 years to Tracy Rapp also from Memphis. Asher is an
Eagle Scout, accomplished musician and published songwriter and is a
longtime member of the American Society of Composers, Authors and
Publishers (ASCAP).

Asher holds a Series 7 and 63 Securities licenses. His experience is

very broad and Asher has a firm understanding of many fixed income
securities types. His expertise is in structured mortgage products,
RMBS, CDO, CMO, TruPS and distressed products. As a matter of course,
Asher also provides municipal and agency securities as these have been
core investment products of Duncan-Williams, Inc. for over 40 years.
Asher provides his customers with extra value by working to insure he
understands each investment he recommends.

Duncan-Williams, Inc. is a privately owned full service broker dealer

headquartered in Memphis, TN. The firm was founded in 1969 by Mr. A. Duncan
Williams. Since his passing in 1989, Mrs. Carolyn Williams as owner and Duncan F.
Williams as President have actively managed the company. In 2007, the firm
launched its 500@ 50 initiative, a comprehensive growth plan coordinated to the
firm’s 50th anniversary in 2019. Under the current leadership the firm has doubled
in size to over 167 employees and expanded its locations to New York, NY,
Houston, TX, Charlotte, NC, Jackson, MS, Jersey City, NJ, San Fransico, CA,
Cleveland, OH, Nashville, TN and Chicago.

With stockholders equity of over 22 million and over 25 billion (par amount) of
bonds sold over the past five years, Duncan-Williams, Inc. is one of the largest
“female-owned” investment banking firms in the nation. The Women’s Business
Enterprise National Council certifies Duncan-Williams, Inc., as a Women’s
Business Enterprise (WBE).

Duncan-Williams, Inc. offers clients the advantages of a full-service investment

banking firm while preserving the personal touch of a regional firm. The company
executes for all levels of purchasers through its three platforms: Fixed Income
Capital Markets, Equity Capital Markets and Wealth Management. The firm’s
product mix includes US Treasury and Agency Issues, Asset-Backed Securities,
Mortgage-Backed Securities, Collateralized Mortgage Obligations, Corporate
Bonds, Taxable and Tax-Free Municipal Bonds as well as Certificates of Deposits,
Mutual Funds, and Equities.

As a long standing member of the Financial Industry Regulatory Authority,

Duncan-Williams, Inc. adheres to rigid standards of quality in the products offered
and in the professional conduct of its registered representatives’.

Contact: Asher Rapp | Duncan-Williams, Inc.

6750 Poplar Ave. | Suite 300 | Memphis, TN USA 38138
PH: 901-260-6838 | arapp@duncanw.com

6750 POPLAR AVENUE, SUITE 300 · MEMPHIS, TN · 38138 · WWW.DUNCANW.COM

901-260-6800 · 800-827-0827 · MEMBER FINRA, SIPC, RBDA, WBENC