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Headlines announcing layoffs at Minneapolis-based investment bank Goldsmith-Agio-Helms sent the message of a business contracting in a worsening economy.
But that hardly reflects the attitude of the leaders there, who have doubled the size of the business in the past three years and expect new offices to bring continued growth.
In January 1998, the firm had 35 to 40 employees. Now, even after laying off roughly 10 people, the staff numbers in the low 80s, said Jack Helms, managing partner.
"In 1992, we had eight professionals on staff. Now we have 55. We've had very stable growth, and that growth will continue," Helms said.
Some of the...