Before he went on to found Washington D.C.-based Harley Stanfield Global

(No. 10 on the BE PRIVATE EQUITY list with $404 million in capital under management), Cedric J. Franklin was broker for such Wall Street firms as E.F. Hutton, Salomon Brothers, and Shearson Lehman. While he admits to making a good salary-sometimes in the mid to high six-figure range-he wanted to do more with his life than just earn a big paycheck.