Another business that left the "golden state"
Sterne Agee buys San Francisco investment firm
Houston Business Journal
Sterne Agee has acquired Nollenberger Capital Partners in San Francisco in a move that expands the full-service brokerage firm’s wealth management and municipal finance business further west.
Terms of the purchase were not disclosed. Nollenberger operates three offices in California and has $1.3 billion in assets under management.
Founded in 1901, Birmingham, Ala.-based Sterne Agee is one of the oldest and largest privately owned investment banking firms in the United States. In Texas, the company has offices in Dallas, Houston and San Antonio.
Read more: Sterne Agee buys San Francisco investment firm | Houston Business Journal
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