12 events that shook the B-D biz in 2012
February 6
Western & Southern Financial Group announces the sale of the assets of its independent broker-dealer, Capital Analysts Inc., to Lincoln Investment Planning Inc. Capital Analysts had about 280 affiliated registered representatives who produced close to $61 million in gross revenue in 2011, while Lincoln's 700 reps produced $106 million. With gross revenue of $167 million, the combined firm becomes one of the 30 largest independent broker-dealers.
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