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ALM First buys back WesCorp shares
DALLAS (10/5/10)--ALM First Financial Advisors has bought back all shares previously purchased by Western Corporate FCU (WesCorp). ALM provides third-party advising services to credit unions. The move will have no impact on the company’s daily operations, ALM First said in a release. The company’s operations remained 100% in-house after the 2006 stock purchase. The company is led by its original three partners, Angela Calvert, Emily More Hollis and Thomas Manley. “We will continue to focus on our core businesses of ALM and investment advisory,” Calvert said. WesCorp, San Dimas, Calif., was recently placed into conservatorship by the National Credit Union Administration.


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