Updated Friday, December 19, 2014 as of 6:29 PM ET

Raymond James' New Breed Pushes Ahead After Morgan Keegan Acquisition

Known as the "horse capital of the World," Lexington, Ky., is home to one of the most internationally recognized horse-breeding operations: Darley Stud at Jonabell. A number of champion steeds, including Bernardini, the winner of the 2006 Preakness Stakes, have been sired on these grounds. Each day from mid-February to June, some of the most prestigious horses in the industry are selectively paired off here and at a number of other local farms with the hopes of producing the next Triple Crown winner.

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