From Business Insurance | Itasca-based insurance brokerage Arthur J. Gallagher & Co. will acquire Woodbrook Underwriting Agencies, an agency in London, the company announced Wednesday. Terms of the deal were not disclosed.
Inside these posts: Brokerages
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Raymond James to buy brokerage Howe Barnes
Raymond James Financial Inc. said it has agreed to acquire brokerage firm Howe Barnes Hoefer & Arnett Inc., bolstering its booming private-client unit. Get the full story »
Brokerages to report cost basis under new IRS rule
The New Year’s celebrations will barely be over before financial advisers face their first challenge for 2011 — new rules requiring brokerages to tell Uncle Sam how much investors paid for stocks.
The cost-basis reporting rules are designed to ensure people do not understate investment gains or overstate investment losses to minimize their taxes. Get the full story »
