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Tuesday, December 2, 2008

Orlando company buys Hermitage Capital

Orlando Business Journal

International Assets Advisors LLC of Orlando has acquired principals and independent contractors from Hermitage Capital of New York City.

Hermitage will become a part of International Assets, operating under the name Hermitage Institutional Trading. The division, which will remain in New York, works with institutional investors and handles trading that averages more than $1 billion a year.

Financial details on the transaction were not disclosed

International Assets is a full-service financial boutique that manages assets of high net-worth investors and institutions.


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