192:
and investments. In 1876, the company sold its plate glass business to an
English company and from that point forward was focused exclusively on financial services. The firm was known primarily for its "unbiased investment counsel" which the firm provided to a client base that included
424:"ROOSEVELT & SON QUIT SECURITY LINE; Old Investment House to Be Reconstituted Under Same Name for Other Business. PARTNERS IN 2 NEW FIRMS Dick & Merle-Smith and Roosevelt & Weigold to Continue in Field Left by Former Concern"
269:. The firm was suspended during World War II, when Roosevelt volunteered to serve in the U.S. Army. In 1946, Roosevelt founded Roosevelt & Cross with Edwin J. Cross. The firm continues to focus on municipal bond underwriting.
188:
In 1865, Cornelius
Roosevelt retired from the company. By that time, in the mid-1860s, Roosevelt & Son had begun the transition toward becoming a fully-fledged banking house, primarily focused on
185:. By 1850, Roosevelt had transitioned from the hardware trade to the importation of plate glass which was an important component of the construction boom going on at that time in New York.
177:
would join the business in 1818 as a partner and the firm would be renamed James I. Roosevelt & Son. Roosevelt & Son entered banking in the early decades of the 19th century by
649:
216:, Irving Brown, Charles B. Robinson and Charles E. Weigold were proposed as general partners in the firm. John K. Roosevelt was proposed as a special partner, as was the estate of
381:"Roosevelt & Son, 150 Years Old, Often Lender, Never Borrower; Fiduciary Firm, Originally Hardware Shop, Founded in Washington's Time by 'Oyster Bay,' Not 'Hyde Park,' Branch"
664:
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181:
the notes of various customers of the hardware business and later other merchants in New York City. In 1824, the
Roosevelts were involved in the formation of
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issued $ 80,000,000 of United States
Government bonds, setting off the modern American banking system. The firm was founded as a hardware business by
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took over some personnel and the lease of the firm, and on August 22, 1973, Roosevelt & Son ceased to do business.
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564:"ARCHIE ROOSEVELT IN FIRM.; Roosevelt & Son, Investment Bankers, to Announce Him as Partner"
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153:. Many of the male members of the Roosevelt family worked for the firm in some capacity.
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Roosevelt & Son traces its history back to 1797, just seven years after
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for nearly two centuries. The firm was among the oldest banking houses on
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The Lion's Pride: Theodore
Roosevelt and His Family in Peace and War
265:
and
Charles E. Weigold, and operated primarily as an underwriter of
212:, celebrated 50 years as a partner in the firm. In 1931,
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Defunct financial services companies of the United States
239:
continued under its original name under the direction of
220:, a former general partner of the firm who died in 1930.
279:
as well as
Charles B. Robinson and John K. Roosevelt.
283:
served as a vice-president of the firm in the 1970s.
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Financial services companies disestablished in 1934
247:. Roosevelt & Son operated principally as an
655:Financial services companies established in 1797
641:
536:"ROOSEVELT & SON, Inc. is Quitting Business"
480:"W.E. Roosevelt in Firm Founded by His Ancestor"
232:Roosevelt & Son separated into three firms:
604:"Dick & Merle Will Get Roosevelt Name Back"
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675:Former investment banks of the United States
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228:In 1934, in response to the passage of the
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690:American companies disestablished in 1934
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16:Defunct American investment banking firm
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685:American companies established in 1797
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506:
509:"Two Wail St. Firms Undergo Changes"
507:Allan, John H. (22 February 1973).
13:
452:"Changes for Roosevelt & Sons"
275:was headed by Fairman R. Dick and
14:
701:
370:. Time Magazine, January 8, 1934
341:"W.E. Roosevelt 50 Years in Firm"
325:Theodore Roosevelt in perspective
410:. Oxford University Press, 1999
201:and various trusts and estates.
636:. Time Magazine, Feb. 17, 1947
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401:
1:
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670:Banks disestablished in 1934
208:, first cousin of President
7:
634:Business: Who Plants, Tends
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10:
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199:high-net-worth individuals
173:in Manhattan. James' son
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660:Banks established in 1797
214:Van Santvoord Merle-Smith
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24:
327:. Nova Publishers, 2005
299:List of investment banks
145:firm connected with the
72:(split into three firms)
259:Roosevelt & Weigold
195:institutional investors
167:James Jacobus Roosevelt
83:Roosevelt & Weigold
55:James Jacobus Roosevelt
368:Business: Oldest First
273:Dick & Merle Smith
253:Clark, Dodge & Co.
251:firm. In early 1973,
245:Philip James Roosevelt
241:George Emlen Roosevelt
131:George Emlen Roosevelt
87:Dick & Merle Smith
591:Roosevelt & Cross
249:investment management
224:Break-up of the firm
263:Archibald Roosevelt
237:Roosevelt & Son
175:Cornelius Roosevelt
139:Roosevelt & Son
119:Cornelius Roosevelt
80:Roosevelt & Son
21:
20:Roosevelt & Son
609:The New York Times
569:The New York Times
541:The New York Times
514:The New York Times
485:The New York Times
457:The New York Times
432:. 30 December 1933
429:The New York Times
386:The New York Times
346:The New York Times
277:Van S. Merle-Smith
230:Glass–Steagall Act
210:Theodore Roosevelt
206:W. Emlen Roosevelt
163:Alexander Hamilton
143:investment banking
123:James I. Roosevelt
37:Investment banking
19:
593:(company history)
389:. 7 February 1947
183:the Chemical Bank
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680:Roosevelt family
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544:. 18 August 1973
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294:Roosevelt family
281:Julian Roosevelt
243:and his brother
147:Roosevelt family
141:was an American
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612:. 30 April 1971
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460:. 12 April 1931
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349:. 30 April 1928
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267:municipal bonds
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218:Emlen Roosevelt
190:private banking
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127:Emlen Roosevelt
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572:. 13 July 1926
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614:. Retrieved
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93:Headquarters
25:Company type
179:discounting
151:Wall Street
28:Partnership
644:Categories
616:13 October
576:13 October
548:13 October
520:13 October
492:13 October
464:13 October
436:13 October
393:13 October
353:13 October
305:References
114:Key people
204:In 1928,
77:Successor
288:See also
102:New York
33:Industry
628:Sources
157:History
66: (
61:Defunct
51:Founder
43:Founded
310:Notes
618:2017
578:2017
550:2017
522:2017
494:2017
466:2017
438:2017
395:2017
355:2017
68:1934
64:1934
46:1797
169:at
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606:.
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415:^
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332:^
317:^
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70:)
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