Raymond James to acquire New Jersey firm

SumRidge Partners, with 45 employees, will be part of Raymond James’ fixed income capital markets division.

  • By Business Observer Staff
  • | 2:04 p.m. April 1, 2022
  • | 0 Free Articles Remaining!
Photo courtesy of Cytonn Photography/Unsplash.com
Photo courtesy of Cytonn Photography/Unsplash.com
  • Tampa Bay-Lakeland
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ST. PETERSBURG — Raymond James Financial Inc. has reached an agreement to buy SumRidge Partners LLC, a Jersey City, New Jersey-based financial services firm that specializes in investment-grade and high-yield corporate bonds, municipal bonds and institutional preferred securities.

 

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