Dean G. Witter, Date of Birth, Place of Birth, Date of Death

    

Dean G. Witter

American businessman

Date of Birth: 02-Aug-1887

Place of Birth: Wausau, Wisconsin, United States

Date of Death: 01-May-1969

Profession: businessperson, financier, investment banker, stockbroker

Nationality: United States

Zodiac Sign: Leo


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About Dean G. Witter

  • Dean G.
  • 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.Witter's family had moved to Northern California from Wausau, Wisconsin, settling in San Carlos, California in 1891.
  • Witter graduated from the University of California, Berkeley in 1909.
  • At Berkeley, Witter was a member of the elite Zeta Psi fraternity, and distinguished himself for rowing.
  • Upon graduation, Witter worked as a salesman for Louis Sloss & Company.In 1914, Witter partnered with Charles R.
  • Blyth to found Blyth, Witter & Co., a San Francisco-based brokerage.
  • Witter left the partnership to found his own company, Dean Witter & Company, in 1924.
  • With its original offices at 45 Montgomery Street in San Francisco, California, Dean Witter would be among the largest West Coast brokerage firms in the U.S.
  • Among Witter's original partners were his brother Guy and their cousins Jean C.
  • Witter and Ed Witter as well as Fritz Janney. In its early years, Dean Witter focused on dealing in municipal and corporate bonds.
  • The company was highly successful in its first five years, purchasing a seat on the San Francisco Stock Exchange in 1928 and then opening an office in New York and purchasing a seat on the New York Stock Exchange in 1929.
  • Although a relatively young company, Dean Witter survived Wall Street Crash of 1929 and the Great Depression, posting profits every year during the 1930s and into the 1940s.
  • Dean Witter would lead his company until his death in 1969.

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