Spectrum Capital Group is located on the second floor in downtown Bristol on historic Hope Street. Bristol-based Spectrum, which was founded in 1996 and provides advice to troubled companies in need of restructuring. Since June 2009, Spectrum Capital has been operating as a subsidiary of the Morgan Keegan Company. Spectrum now forms the backbone of a new Special Situations Group in Morgan Keegan's investment banking division. Morgan Keegan & Company is one of the largest full-service brokerage and investment banking firms in the nation. It is a securities brokerage, trust and asset management arm of public company Regions Financial Corp. Headquartered in Memphis, Tenn., Morgan Keegan has over 300 offices and more than $850 million in equity capital.