Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The Associated Press November 29, 2010, 11:52AM ET

Sanders Morris Harris buys Global Financial stake

Asset manager Sanders Morris Harris Group Inc. on Monday said it is buying a majority stake in wealth management firm Global Financial Services LLC.

Terms were not disclosed for the deal, which is expected to be completed in December.

Sanders Morris Harris will own 50.1 percent of Global Financial. The remaining portion will continue to be controlled by Robert C.A. Benjamin, Gerardo A. Chapa and Ricardo Perusquia, who currently lead the firm. Both companies are based in Houston.

In midday trading, Sanders Morris Harris shares slipped 2 cents to $6.48. The stock has traded between $4.50 and $6.57 in the past 52 weeks.

BW Mall - Sponsored Links

Buy a link now!