Anderson Strudwick picks up Jesup & Lamont reps

Anderson Strudwick Inc., a small, Richmond, Va.-based regional firm, continues to pick up offices and reps of troubled broker-dealers.

Anderson Strudwick Inc., a small, Richmond, Va.-based regional firm, continues to pick up offices and reps of troubled broker-dealers.
This morning, the 140-person employee-owned firm said it has added nine new offices, and 37 reps and advisers, largely from the defunct Jesup & Lamont Inc., which was shut down last month after its capital levels fell below regulatory minimums required for continuing operations.
This is the second time in recent months that Anderson Strudwick has picked up offices from a failed broker-dealer. In May, it snagged a team of 10 reps in Tampa, Fla., who had been affiliated with GunnAllen Financial Inc., which shut down this year, also due to net-capital violations.
Anderson Strudwick’s acquired offices are in Boston and Worcester, Mass.; Indialantic, Naples, Orlando and Sarasota, Fla.; Chicago, Oklahoma City and San Francisco.