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    Charles "Chip" Roame, a brokerage industry consultant with Tiburon Strategic Advisors in Tiburon, Calif. , thinks Edwards' concept may have wide appeal. "Your opportunity is to get other like-minded brokers, who maybe grew up at Merrill Lynch or Smith Barney or somewhere else ... Those firms have all been upended, and none of them really have the cultures they used to have. My hypothesis would be that after getting a good number of A.G. Edwards guys, he'll be able to get a good number of brokers from firms that looked like A.G. Edwards at one time." Boutique brokerages have been growing at the expense of big Wall Street houses, but most of the growth comes as veteran brokers set up their own shops. Full Article at St. Louis Post-Dispatch
    Your opportunity is to get other like-minded brokers, who maybe grew up at Merrill Lynch or Smith Barney or somewhere else ... Those firms have all been upended, and none of them really have the cultures they used to have. My hypothesis would be that after getting a good number of A.G. Edwards guys, he'll be able to get a good number of brokers from firms that looked like A.G. Edwards at one time.
    SOURCE: St. Louis Post-Dispatch 2 months ago