Tucker Anthony And Sutro Renew With ADP, Plan Migration To FS Partner

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Tucker Anthony Inc. of Boston and Sutro & Co. of San Francisco -- two regional brokerage houses owned by John Hancock Freedom Securities -- have renewed their quote-service contracts with ADP. The jointly negotiated deal is worth more than 650 positions to the vendor.

Tucker Anthony communications head Natash Mohan declines to comment except to say that "there is a contract" with ADP. Other sources say that Tucker currently utilizes ADP's FS One service under a contract that is due to expire