CHICAGO - In a move that puts St. Louis-based Stern Brothers & Co. among the limited ranks of broker-dealers owned by women, Pepe Prince Finn last month purchased a majority stake from her husband and the firm's president, Terrance Finn, and was named board chairman.

Pepe Finn is a lawyer and former public finance banker who has been on Stern's board since 2006. The shift in ownership was made in conjunction with Finn's decision to step up her role at the firm after sending her youngest of three children off to college. She replaces former chairman Donald Estell, who retired.

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