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firms to sell an interest in their privately held businesses to public investors, following
Merrill Lynch's initial public offering. In 1976, Reynolds implements REYCOM, the most sophisticated high-speed wire system in the industry. Meanwhile, the firm was continuing its expansion, acquiring its first international offices in
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Reynolds was incorporated in 1971 as
Reynolds Securities in advance of an initial public offering. By early 1971, there was speculation that Merrill Lynch would sell shares to the public. Reynolds initial public offering (and shortly thereafter Dean Witter's IPO) was part of a rush of Wall Street
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Reynolds & Company was founded in 1931 in New York City by
Richard S. Reynolds, Jr., a 22-year-old tobacco heir, together with Charles H. Babcock and Thomas F. Staley. In particular, Thomas F. Staley was Reynolds’ cousin (the grandson of Major D. Reynolds, an older brother of R.J. Reynolds). In
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In 1958, Reynolds passed its leadership to the next generation with Thomas F. Staley departing and naming Robert M. Gardiner to head the firm. Under
Gardiner, Reynolds embarks on major expansion, acquiring 26 offices from A.M. Kidder & Co. Reynolds acquired another three offices and opened
181:, generating a profit each year. In 1934, Reynolds acquired F.A. Willard & Co. With the acquisition, Reynolds tripled its sales and shifted its emphasis toward underwritings.
316:"Morgan Stanley Dean Witter & Company - Company Profile, Information, Business Description, History, Background Information on Morgan Stanley Dean Witter & Company"
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At the time of its merger with Dean Witter & Co. in 1978, Reynolds
Securities had over 3,100 employees in 72 offices producing gross revenues of nearly $ 120 million.
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134:. One at a time." was adapted to "We measure success one investor at a time" and was used by
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1951, another senior partner, John D. Baker, joined the company.
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in 1978, which was then the biggest merger in the history of
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nine firms in new regions in the U.S. in the early 1960s.
231:"WITTER, REYNOLDS SET BIGGEST MERGER IN WALL ST. HISTORY"
166:(Reynolds wrap), and his great uncle was the founder of
340:"Charles Henry Babcock (1899-1967) - Find A Grave..."
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Financial services companies based in New York City
451:Financial services companies established in 1931
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363:"John Baker Dies at 89; Wall Street Executive"
130:The firm's tagline, "We work for a world of
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121:Dean Witter Reynolds Organization Inc.
461:1931 establishments in New York City
427:Struggle and survival on Wall Street
404:(Archived). Retrieved, June 9, 2010
284:"Richard S. Reynolds Jr. Dies at 72"
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252:"Dean Witter, Reynolds Set Merger"
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416:. Time Magazine, Apr. 26, 1971
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168:R. J. Reynolds Tobacco Company
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154:Richard S. Reynolds' father
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414:New Money for Merrill Lynch
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177:, the company survived the
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111:firm. Founded in 1931 by
383:The Making of the Masters
250:Egan, Jack (1977-10-04).
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156:Richard S. Reynolds, Sr.
113:Richard S. Reynolds, Jr.
64:Richard S. Reynolds, Jr.
115:, the firm merged with
16:American brokerage firm
107:was a publicly traded
195:Lausanne, Switzerland
175:Dean Witter & Co.
117:Dean Witter & Co.
75:Dean Witter & Co.
210:Dean Witter Reynolds
402:Dean Witter History
105:Reynolds Securities
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20:Reynolds Securities
343:www.findagrave.com
46:Financial services
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229:Sloane, Leonard.
160:U.S. Foil Company
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82:Headquarters
73:Merged with
34:Company type
136:Dean Witter
125:Wall Street
440:Categories
368:2018-06-22
348:2018-06-22
325:2018-06-22
301:2018-06-22
269:2018-06-22
236:2018-06-22
216:References
179:Depression
138:and later
296:0190-8286
264:0190-8286
132:investors
109:brokerage
97:Brokerage
204:See also
170:(RJR).
162:, later
158:founded
119:to form
93:Products
42:Industry
385:. 1999
146:History
77:in 1978
60:Founder
52:Founded
429:. 1994
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191:Lugano
88:, U.S.
37:Merged
173:Like
292:ISSN
260:ISSN
193:and
70:Fate
55:1931
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