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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
February 25, 2005 at 07:00 PM
NU Online News Service, Feb. 25, 2005, 3:42 p.m. EST
Janney Montgomery Scott L.L.C., Philadelphia, has agreed to acquire Parker/Hunter Inc., Pittsburgh.[@@]
Janney, a regional securities broker-dealer, is a subsidiary of the Penn Mutual Life Insurance Company, Philadelphia.
Parker/Hunter is an investment bank that has 21 branch offices in Ohio, Pennsylvania and West Virginia and more than 130 financial advisors.
The price of the deal was not disclosed, but Janney says it hopes to complete the transaction by the end of the year.
The Philadelphia Inquirer is reporting that some Parker executives may leave to form an independent investment banking firm, Raptor L.L.C. Even the report is true, the acquisition will increase Janney’s presence in the Mid-Atlantic states “significantly,” Janney says.
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