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Breakaway partners claim most of Hutchinson/Ifrah assets.

Publication: Arkansas Business
Publication Date: 06-NOV-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Breakaway partners claim most of Hutchinson/Ifrah assets.(List Overview)(Hutchinson/Ifrah Financial Services Inc.)

Article Excerpt
RECENT FILINGS WITH THE Securities & Exchange Commission indicate that Patrick Ifrah and the colleagues who left Hutchinson/Ifrah Financial Services Inc. of Little Rock in January took three-quarters of the managed assets with them.

In March 2005, Hutchinson/Ifrah reported $345.8 million in assets under management. It is not known exactly how much was under management when Ifrah, Stephen DeSalvo, Micah Brown and Bobby Harris split with Hutchinson/Ifrah founder Eric Hutchinson in late January to form Ifrah Financial Services. By Aug. 23, however, Hutchinson's renamed Hutchinson Financial Inc. claimed $80.1 million under management;...

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