Advanced Equities to Acquire FFP Securities.CHICAGO Chicago, city, United States Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. -- Advanced Equities Financial Corp. announced today that it has signed a definitive agreement to acquire FFP FFP - Formal FP. A language similar to FP, but with regular sugarless syntax, for machine execution. See also FL. ["Can Programming be Liberated From the von Neumann Style? A Functional Style and Its Algebra of Programs", John Backus, 1977 Turing Award Lecture, CACM Securities, Inc. A spokesperson for Advanced Equities said, "We believe the acquisition of FFP Securities will strengthen Advanced Equities' position in the independent retail brokerage industry and further diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. its mix of industry leading products and services." The two parties did not disclose terms of the sale. Closing is expected to occur as soon as possible following receipt of all necessary approvals. About FFP Securities, Inc. FFP Securities is an independent retail brokerage firm focused on exceeding the product and service needs of financial planners Financial Planner A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals. . FFP Securities, The Advisor Advantage(TM), has distinguished itself as an innovator in product development and support systems directed at assisting its 350 plus independent advisors in expanding their business and surpassing client expectations. About Advanced Equities Financial Corp. Advanced Equities Financial Corp. is engaged in retail and institutional securities brokerage, venture capital investment banking and asset management services through its subsidiaries, Advanced Equities, Inc., and First Allied Securities, Inc. First Allied is one of the nation's top independent retail brokerage firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with over 600 financial advisors servicing approximately $14 billion in client assets from 200 domestic branch locations. Advanced Equities, Inc. has distinguished itself in providing late-stage private equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. to emerging technology companies and innovative financial opportunities and services to the high net worth community. |
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