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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.).
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.
Overview. As cofounder of Merrill, Lynch & Co. in 1914, Charles E. Merrill 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 · U.S. CHARLES MERRILL: Main Street Broker. 8 minute read. Joseph Nocera. December 7, 1998 12:00 AM EST. I n 1940, the year Charles Edward Merrill founded the firm we now know as Merrill Lynch &...
- Joseph Nocera
Abstract: A millionaire by the time he was thirty-one, Charles E. Merrill more than any other individual is responsible for the innovations and concepts that allowed the average American after World War II to participate in
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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Learn how Charles E. Merrill became a Wall Street legend and reinvented how business was done on Wall Street.
