JMP Group Inc. is a full-service investment banking, asset management and corporate credit management firm. The Company provides investment banking, sales and trading, and equity research services to corporate and institutional clients, and alternative asset management products and services to institutional investors and high-net-worth individuals. It operates in four segments: Broker-Dealer, Asset Management, Corporate Credit and Corporate. It manages and invests in corporate credit instruments through collateralized loan obligations and direct investments. It provides institutional investors with capital markets intelligence and objective, informed investment recommendations about individual equities that are not followed. JMP Group Inc. conducts its business activities through three wholly owned or majority owned subsidiaries: JMP Securities LLC (JMP Securities), Harvest Capital Strategies LLC (HCS) and JMP Credit Corporation (JMP Credit).