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- In 1914, frustrated by his lack of independence at Burr, Merrill struck out on his own. He opened an investment house at 7 Wall St., lured Lynch to work with him and became one of the first to target what's now called retail investors.
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May 17, 2019 · Through the 1940s, Merrill Lynch's role as the firm bringing Wall Street to the masses proved a winner.
Charles Edward Merrill (October 19, 1885 – October 6, 1956) [1] was an American philanthropist, stockbroker, and co-founder, with Edmund C. Lynch, of Merrill Lynch (previously called Charles E. Merrill & Co.).
Jun 11, 2018 · As cofounder of Merrill, Lynch stockbrokerage firm in 1914, Charles E. Merrill (1885 – 1956) launched a Wall Street dynasty that would long outlive him. Building on the slogan "Bring Wall Street to Main Street" he designed his business around middle-class investors, not stock exchange insiders.
Dec 7, 1998 · Decades before founding Merrill Lynch, he coined the phrase “Bringing Wall Street to Main Street.” For the last 17 years of his life, that’s what he tried to achieve with his new firm,...
- Joseph Nocera
MERRILL LYNCH IS LAUNCHED. 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.
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).
Jun 9, 2014 · Regan left Merrill Lynch as a powerhouse, a firm envied by most of the Street and emulated by another rising star Sandy Weill, who was amassing a constellation of smaller firms into another...
