Raymond James (RJF -2%) agrees to buy Chicago-based brokerage Howe Barnes Hoefer & Arnett -...

|About: Raymond James Financial Inc. (RJF)|By:, SA News Editor

Raymond James (RJF -2%) agrees to buy Chicago-based brokerage Howe Barnes Hoefer & Arnett - adding not only a long string of names, but $1.9B in assets to manage. Last month RJF CEO Paul Reilly said the firm had "half a dozen" potential deals "in the hopper."