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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.
- 1914–1969
- Founder of Dean Witter Reynolds
Nov 10, 2022 · Back in 1997, the global investment giant Morgan Stanley merged with brokerage firm Dean Witter Reynolds to become the largest securities company at the time. But the union proved challenging,...
- 3 min
- Dylan Croll
Dean Witter & Company was founded by Dean G. Witter (together with his brother Guy Witter and cousin Jean Witter) as a retail brokerage firm in 1924. [2] [10] With its original offices at 45 Montgomery Street in San Francisco, California , Dean Witter would be among the largest brokerages on the West Coast.
- 1924 (as Dean Witter & Co.), 1978 (as Dean Witter Reynolds)
- $1,132 million (1996)
- 33,084 (12/31/96)
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When did Morgan Stanley merge with Dean Witter?
Dean Witter - Morgan Stanley form No. 1 securities firm. John Mack, then president of Morgan Stanley, agreed that the synergies were compelling. At the time of the merger, Dean Witter had more than 360 branch offices with 9,000 Account Executives. Morgan Stanley had 27 principal offices in 19 countries.
Address: 1585 Broadway. New York, New York 10036. U.S.A. Telephone: (212) 761-4000. Fax: (212) 761-0086. http://www.msdw.com. Statistics: Public Company. Incorporated: 1924 as Dean Witter & Company. Employees: 52,927. Sales: $36.04 billion (1999) Stock Exchanges: New York. Ticker Symbol: MWD.
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.
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.
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