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Dean Gooding Witter (August 2, 1887 – May 25, 1969) was an American businessman, stockbroker, and investor. With his brother Guy Witter and cousin Jean Witter, Dean Witter co-founded Dean Witter & Company in 1924, which became the largest investment house on the West Coast.
Watch on. The Legacy of Dean Witter, founder of the Dean Witter Foundation.
Dean Witter Reynolds was founded in 1978 as the merger of Dean Witter & Co. and Reynolds Securities (with Dean Witter acquiring Reynolds), which was then the biggest merger in the history of Wall Street.
Dean Witter, Discover & Co. was formed in 1993. Prior to becoming a public company, Dean Witter was operating as a subsidiary of retail giant Sears, Roebuck & Co. Sears purchased Dean Witter in 1981 for about $600 million as part of its strategy to diversify out of the retail industry.
Morgan Stanley Dean Witter & Company, formed in 1997 through the merger of Morgan Stanley Group, Inc. and Dean Witter, Discover & Co., is an investment banking and retail brokerage firm. The company is made up of three primary divisions--securities, asset management, and credit services--and is one of the top retail brokerages in the United ...
Morgan Stanley and Dean Witter merged in 1997, creating America's largest asset management company and securities firm in terms of equity capital. The resulting name, Morgan Stanley, Dean Witter, Discover & Company, was shortened to Morgan Stanley in March 2001.
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Dean Gooding Witter (August 2, 1887 – May 25, 1969) was an American businessman, stockbroker, and investor. With his brother Guy Witter and cousin Jean Witter, Dean Witter co-founded Dean Witter & Company in 1924, which became the largest investment house on the West Coast.
