D.A. Davidson & Co., a full-service investment firm, is scooping up the employees and certain assets of Morton Clarke, a Seattle-based broker-dealer and RIA that is winding down, according to the companies.
Morton Clarke’s seven remaining investment professionals will join D.A. Davidson in late February and work from the latter’s offices in downtown Seattle. The move will boost D.A. Davidson’s Seattle headcount by about 10%, and close out business for a small broker-dealer that had specialized in municipal bond deals and managing high-net-worth client assets for 17 years.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access