<ARTICLE>                     5
<LEGEND>
     This schedule contains  unaudited summary financial  information  extracted
from the Registrant's  consolidated  financial statements for the 9 months ended
September  30,  1999 and is  qualified  in its  entirety  by  reference  to such
financial statements.
</LEGEND>
<CIK>                         0000906609
<NAME>                        The Morgan Group, Inc.
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. Dollars

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   SEP-30-1999
<EXCHANGE-RATE>                                1.000
<CASH>                                         2,083
<SECURITIES>                                   0
<RECEIVABLES>                                  13,181
<ALLOWANCES>                                   218
<INVENTORY>                                    0
<CURRENT-ASSETS>                               18,807
<PP&E>                                         6,849
<DEPRECIATION>                                 2,651
<TOTAL-ASSETS>                                 33,337
<CURRENT-LIABILITIES>                          15,108
<BONDS>                                        0
<COMMON>                                       41
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<OTHER-SE>                                     12,389
<TOTAL-LIABILITY-AND-EQUITY>                   33,337
<SALES>                                        112,907
<TOTAL-REVENUES>                               112,907
<CGS>                                          0
<TOTAL-COSTS>                                  111,938
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               257
<INTEREST-EXPENSE>                             282
<INCOME-PRETAX>                                687
<INCOME-TAX>                                   366
<INCOME-CONTINUING>                            321
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   321
<EPS-BASIC>                                  .13
<EPS-DILUTED>                                  .13