Memphis-based, publicly traded Jernigan Capital has invested about $200 million in self-storage projects around the country this year and is in the early stage of a shift into acquisition and ownership of facilities it financed.

During college, native Memphian Phillip Rogers, branch manager and senior vice president of investments at Stifel, heard that at one time Memphis had, per capita, more financial brokers and advisers than any other city in the U.S. The culture of the financial landscape in Memphis during that period was primarily based on regional investment banking and wealth management firms.