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Location. Chicago, Illinois. Staff (1978) 150+. Merrill Chase Galleries was an art dealership in Chicago, Illinois. It was started in 1964 by Robert Merrill Chase Sr., and his father, Merrill Chase. [1][2] By 1978 it had more than 150 employees and 13 galleries, and was among the largest organizations of its kind in the United States. [2]
The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. [11] A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co. [12] At that time, the firm's name included a comma between Merrill and Lynch, which was dropped in 1938. [13]
In 2015, the Merrill Lynch Broker-dealer incentive system changed to give brokers no money for managing accounts less than $250,000. [11] In 2014, Merrill Edge referred 30,000 customers to Merrill Lynch and U.S. Trust. Converted referrals gave Merrill Lynch an additional $4 billion to manage, which when apportioned among Merrill Lynch's 14,000 ...
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Merrill Lynch & Co., formally Merrill Lynch, Pierce, Fenner & Smith Incorporated, was a publicly-traded American investment bank that existed independently from 1914 until January 2009 before being acquired by Bank of America and rolled into BofA Securities. The firm engaged in prime brokerage and broker-dealer activities and was headquartered ...
White, Weld & Co. is a privately held global financial services firm engaged in asset management, investment advisory, investment banking and other capital market activities. Relaunched in 2012, the business is headquartered in Chicago. [1] Previously, White, Weld & Co. was a Boston-based investment bank, historically managed by Boston Brahmins ...