Deals from Wunderlich, Stone & Youngberg, Cary Street Partners, Harris Williams and BB&T.
Wunderlich Securities
Investment firm to pay fines in SEC settlement
Wunderlich Securities, a Tennessee-based investment firm that entered the Richmond market in November, has reached a settlement with the SEC related to allegations of overcharging its clients.
DealFlow: Investment Banking roundup for 2.11.11
Welcome to DealFlow, a new monthly BizSense data section that tracks the recent deals that local firms had a hand in, whether by brokering a capital raise, advising on an IPO or helping close an M&A deal. This week, lots of deals from Harris Williams, Wunderlich and BB&T Capital Markets.
Memphis broker adds Richmond office
Two investment bankers have left a Richmond brokerage to launch the first Virginia office of a Memphis-based broker dealer.
Deja vu all over again: Anderson Strudwick deal off
An out-of-state brokerage’s bid to buy Anderson Strudwick has been called off.
The numbers in the Anderson Strudwick deal
Richmond BizSense has learned more about the Anderson Strudwick sale to Tennessee-based Wunderlich Securities.
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.