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By far the wealthiest branch of the family, they own banks in Switzerland, public and private banks worldwide and a network of finance houses and investment brokerages .
He is the humbly born Brooklyn boy who built Shearson Loeb Rhodes from the parts of dozens of brokerages and then sold it to American Express.
The company's Web site will allow online access to initial public offerings for the brokerages ' combined client base of roughly 6 million.
Insurance brokerages typically sell for 1 to 1.5 times annual revenues.
Section 40 of the Insurance Act does not permit payment of commission / brokerage out of premium to any person other than an agent.
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