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Charles Edward Merrill (October 19, 1885 – October 6, 1956) was an American philanthropist, stockbroker, and co-founder, with Edmund C. Lynch, of Merrill Lynch (previously called Charles E. Merrill & Co.).
In 1930, Charles E. Merrill led the firm through a major restructuring, spinning-off the company's retail brokerage business to E. A. Pierce & Co. to focus on investment banking. Along with the business, Merrill also transferred the bulk of its employees, including Edmund C. Lynch and Winthrop H. Smith. Charles Merrill received a minority ...
Charles E. Merrill was an American investment banker who guided his company through a series of mergers that resulted in the creation of the brokerage firm of Merrill Lynch, Pierce, Fenner & Smith Inc., the largest in the United States. Merrill was also the father of James Merrill, one of the most.
January 1914 marked the beginning of Charles E. Merrill & Co. He had arrived at this point in his life in a roundabout manner. In 1910, Merrill had sold a series of bonds issued by McCrum-Howell a major factoring client of George H. Burr & Co. Two years later, Burr informed Merrill that McCrum-Howell was on the verge of bankruptcy.
Dec 7, 1998 · I n 1940, the year Charles Edward Merrill founded the firm we now know as Merrill Lynch & Co., he was 54 years old and had already lived an extraordinarily productive and visible life. A...
- Joseph Nocera
Merrill created the main street brokerage by founding the Merrill-Lynch Company. He was the first investment banker to realize that chain stores would one day dominate retailing and handled underwriting for at least 25 retail stores (such as S.S. Kresge – now K-Mart and Safeway Stores).
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Jun 11, 2018 · Charles E. Merrill (1885-1956) was the founder of Merrill Lynch, Pierce, Fenner and Smith, the world's largest brokerage firm. A brilliant market analyst and salesman, he reorganized the investment industry to attract small investors into the stock market.
