September 5, 1996 |
Senior executives of Sutro & Co. and Tucker Anthony Inc., the two brokerage units of John Hancock Mutual Life Insurance Co., are near a pact to buy the firms from Hancock for about $180 million, people familiar with the talks said Wednesday. The talks involve the combined purchase of both firms by a management-led investor group, and an announcement could come as early as this week, the sources said.
June 26, 1994
* James P. Cliffton has been appointed first vice president and branch manager of the Newport Beach office of Sutro & Co. Inc. He joins Sutro from Prudential Securities, where he most recently managed the Pasadena branch office and prior to that, Newport Beach. For 10 years before that, he was Los Angeles regional sales manager for E.F. Hutton, responsible for 26 branch offices.