Anderson Strudwick

Brokerage pushes south

One of Richmond’s last independent brokerages just landed a foothold in Florida by hiring almost a dozen former employees of a collapsed firm.

Is sports facility a quixotic quest?

Each time Steve Burton talks about SportsQuest, his plan sounds more ambitious. But as Burton’s enthusiasm and concept have grown, so have the project’s price tag and the skepticism of the local business community.

Anderson Strudwick sold

Anderson Strudwick will officially lose its independence. After a false start, the locally-based financial services firm will be acquired by a Tennessee-based financial services company. The price tag on the deal has not been released. Anderson Strudwick’s president George Nolde confirmed in a phone message yesterday that shareholders at the company, which was one of Richmond’s last independent brokerages, approved a stock sale this week to Wunderlich Securities.

Anderson Strudwick in merger negotiations

Richmond-based investment bank/brokerage Anderson Strudwick is in merger negotiations with Wunderlich Securities, a Tennessee investment bank/brokerage. Representatives from Wunderlich will be in Richmond today to present the deal to the company, according to a source familiar with the deal. It’s likely that employees will vote later today.