Is Alex Brown still in business?
Our purpose is to create long-term value for our clients as a trusted steward of their financial wellbeing and assets. We are deeply committed to running our firm responsibly and ethically – with a focus on teamwork, integrity, and excellence – and contributing positively to our people, communities and clients.
Brown Brothers Harriman (BBH) is one of the oldest, largest, and most prestigious private banks in the US. It has expertise in wealth planning and investment advisory, banking, public and private equity, fixed-income strategies, commodities, and fiduciary services.
Raymond James Financial Inc.
Raymond James Financial Inc. has purchased the Alex. Brown division of Deutsche Asset Wealth Management for about $420 million with just 30% going to the Deutsche — albeit with a hidden sweetener in the form of a product deal.
Who was Alex Brown?
Who was Alex Browne on Marcella? Alex Browne was a young man from Northern Ireland who worked with the production company who produced Marcella. He was a ranger in the Royal Irish Regiment from from 2000 – 2006. The Belfast Telegraph reported that Browne took his own life on July 12, 2020.
The company was acquired by Bankers Trust Corp. for $2.5 billion in 1997. Two years later, Deutsche Bank acquired Bankers Trust and rebranded Alex. Brown under its own name.
In 2016, Raymond James acquired Deutsche’s U.S. private client services unit, operating under the Alex….Alex. Brown & Sons.