JHS Capital To Buy Out Paulson's $1.1B Retail Biz
The deal will transfer 75 of Paulson Investment's advisers to JHS' operations, though the representatives will continue to use RBC Correspondent Services for custody of client assets and securities, trade execution and portfolio reporting, in order to minimize the impact on clients, JHS said. Financial details of the deal were not immediately disclosed.
Awaiting approval from the...
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