Raymond James Financial to acquire Financo.

Raymond James Financial, a diversified financial services firm, agreed to acquire Financo, a consumer-focused boutique investment bank. Financial terms were not disclosed. “With our strong capital position and the growing demand for effective investment banking expertise among consumer and retail companies, this deal allows us to strategically grow our capabilities with an industry-leading team that has a similar culture and desire to deliver meaningful outcomes for clients,” Paul Reilly, Raymond James Financial Chairman and CEO.