<ARTICLE> BD
<LEGEND>
This schedule contains summary financial information extracted from the
Morgan Keegan, Inc. Form 10-Q for the quarter ended January 31, 2001 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-2001
<PERIOD-END>                               JAN-31-2001
<CASH>                                          20,288
<RECEIVABLES>                                  583,500
<SECURITIES-RESALE>                            614,998
<SECURITIES-BORROWED>                           19,561
<INSTRUMENTS-OWNED>                            569,811
<PP&E>                                          27,829
<TOTAL-ASSETS>                               1,932,863
<SHORT-TERM>                                   102,491
<PAYABLES>                                   1,099,655
<REPOS-SOLD>                                   149,390
<SECURITIES-LOANED>                              6,271
<INSTRUMENTS-SOLD>                              59,278
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        17,803
<OTHER-SE>                                     255,652
<TOTAL-LIABILITY-AND-EQUITY>                 1,923,863
<TRADING-REVENUE>                               92,063
<INTEREST-DIVIDENDS>                            58,210
<COMMISSIONS>                                   67,493
<INVESTMENT-BANKING-REVENUES>                   25,177
<FEE-REVENUE>                                   38,408
<INTEREST-EXPENSE>                              44,259
<COMPENSATION>                                 141,068
<INCOME-PRETAX>                                 36,318
<INCOME-PRE-EXTRAORDINARY>                      36,318
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    22,818
<EPS-BASIC>                                       0.80
<EPS-DILUTED>                                     0.79