As a result of several mergers, the remains of E.F. Hutton are now part of Citigroup, although on January 13, 2009, Citigroup itself announced that it would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney, which was formerly a division of Citi Global Wealth Management.
filmsgraded about 13 years ago
Per wikipedia,
As a result of several mergers, the remains of E.F. Hutton are now part of Citigroup, although on January 13, 2009, Citigroup itself announced that it would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney, which was formerly a division of Citi Global Wealth Management.
Whew! Glad that’s been straightened out