Dean Witter Reynolds
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Reynolds Securities was a publicly traded brokerage firm. Founded in 1931 by Richard S. Reynolds, Jr., the firm merged with Dean Witter & Co. to form Dean Witter Reynolds Organization Inc. in 1978, which was then the biggest merger in the history of Wall Street. [1] [2]
Reynolds & Co. was started in 1931 by Richard S. Reynolds Jr., Thomas F. Stanley, and Charles H. Babcock, all members of the Reynolds family. That company also went public in the early 1970s, becoming Reynolds Securities.
Dean Witter Reynolds was an American stock brokerage and securities firm catering to a variety of clients. Prior to the company's acquisition, it was among the largest firms in the securities industry with over 9,000 account executives (ranking third in the US in 1996) and was among the largest members of the New York Stock Exchange .
Report about REYNOLDS SECURITIES, LLC. 1. This section provides information relating to the date the brokerage firm ceased doing business and the firm's financial obligations to customers or other brokerage firms.
Oct 9, 1977 · The two brokerage subsidiaries — Dean Witter & Company and Reynolds Securities—will be linked as Dean Witter Reynolds Inc. Terms call for each common share of Reynolds to be converted into...
A brokerage firm, also called a broker-dealer, is in the business of buying and selling securities – stocks, bonds, mutual funds, and certain other investment products – on behalf of its customer (as broker), for its own bank (dealer), or both.
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