Dean G. Witter
Stockbroker, Deceased Person
1887 – 1969
Who was Dean G. Witter?
In 1914, Witter partnered with Charles 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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