ROSEMONT, Illinois, and CHICAGO, Illinois – December 14th, 2018 -- Wintrust Financial Corporation (Wintrust) (Nasdaq: WTFC) announced today the acquisition of Elektra Holding Company, LLC (Elektra), the parent company of Chicago Deferred Exchange Company, LLC (CDEC).   CDEC is a premier provider of Qualified Intermediary services (as defined by U.S. Treasury regulations) for taxpayers seeking to structure tax-deferred like-kind exchanges under Internal Revenue Code Section 1031.  Under IRC Section 1031, a taxpayer may defer the gain on the sale of certain investment property if the taxpayer utilizes the services of a Qualified Intermediary. CDEC has successfully facilitated … [Read more...]