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Article: E*TRADE FINANCIAL Advances Wealth Management Strategy With Acquisition of Retirement Advisors of America.
- Article from:
- PR Newswire
- Article date:
- May 30, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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- Adds significant experience servicing corporate customers and mass affluent individuals
- Transaction expected to be slightly accretive in 2006
NEW YORK, May 30 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL Corporation today announced its intent to acquire Retirement Advisors of America (RAA), a Dallas, Texas-based registered investment adviser managing over $1 billion in assets(1). The acquisition strengthens E*TRADE FINANCIAL's regional adviser strategy, which delivers localized wealth management services and advice to retail and Corporate Services clients with a minimum of $250,000 in assets. RAA joins the E*TRADE Wealth Management network of ...