DA Davidson To Absorb Rival To Boost West Coast Biz

Law360, New York (May 2, 2013, 5:20 PM EDT) -- Investment firm D.A. Davidson & Co. will swallow up Los Angeles-based rival Crowell Weedon & Co. in a deal to place it among the largest regional brokerages on the West Coast and open new opportunities in the robust California marketplace, the acquirer said late Wednesday.

Montana-based Davidson did not disclose the price tag attached to the transaction, its largest partnership to date. Crowell will add roughly $9 billion in assets under management to its new parent, sending their combined assets under management past $43 billion, based...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.