The firm was closed by its parent company, FleetBoston, in July 2002, as a result of the collapse of the technology sector and the end of the dot-com bubble. It had approximately 950 employees at the time it was shuttered.
Just so, who owns Robertson Stephens?
Bank of America bought Robertson Stephens in 1997 for $540 million and operarted it for 11 months before merging with NationsBank, which owned San Francisco-based rival, Montgomery Securities. To alleviate the redundancy, Robertson Stephens was offloaded to BankBoston Corp.
Similarly one may ask, who bought Montgomery Securities? NationsBank Corp.