In January 1986, Weeden & Co. LP was reborn as a newly independent, employee-owned firm, with $10 million in founding capital. Some $3.5 million of the new Weeden's capital was put up by Don Weeden and 28 co-workers. The rest was contributed by outside investors, the Weyerhaeuser family prominent among them. Head trader Barry Small assumed day-to-day leadership of the newly independent firm and Don Weeden continued as chairman. Barry Small was officially named Weeden's chief executive officer in 1995, in recognition of the pivotal role he played--and continues to play--in propelling the new Weeden into the top ranks of institutional trading firms. Weeden employees now own more than 80% of the firm. The Weeden heritage--decades of providing efficient executions for its customers--is today being expressed by experienced professionals utilizing state-of-the-art technology to enhance the quality and lower the cost of transactions. Weeden & Co. has and will continue to offer its ideas, capital and experience to improve the market for its customers.