Wall Street to Main Street: Charles Merrill and Middle-Class Investors
| Author | : | |
| Rating | : | 4.19 (961 Votes) |
| Asin | : | 0521630290 |
| Format Type | : | paperback |
| Number of Pages | : | 283 Pages |
| Publish Date | : | 2017-10-17 |
| Language | : | English |
DESCRIPTION:
financial services, focuses on Merrill's business career rather than his personal life, although Perkins does delve into Merrill's upbringing near Jacksonville, FL, and his education at Amherst. For business and general collections.ASteven J. Mayover, Free Lib. Perkins concludes with a look at the firm today. . From Library Journal Readers who enjoy biographies and the history of business will find food for thought in this very comprehensive history of the world's largest brokerage and investment firm, Merrill Lynch, and biography of founder Charles
Wall Street to Main Street: Charles Merrill and Middle-Class Investors focuses on the spectacularly successful career of financier Charles Merrill (1885-1956), the founder of Merrill Lynch & Co., the world's largest brokerage and investment firm. Opening more than 100 branch offices across the nation by 1950, his firm solicited millions of middle-class households and became famous for bringing "Wall Street to Main Street" in the post-World War II era. He was the most important figure in promoting common stocks as a prudent long-term investment vehicle for members of the middle class across the United States. Today, American investors hold, either directly or indirectly through mutual funds, a greater percentage of common stocks in their financial portfoli
"Highly Recommended!" according to Rolf Dobelli. Charles Merrill is an authentic American genius and today's capital markets bear his distinctive stamp in many ways, as Edwin J. Perkins' book proves in fascinating detail. While the book works as a business history and as a professional portrait, it is less successful as a biography because Perkins deliberately chose to focus on Merrill's professional life. By keeping Merrill's personal life very much in the background, Perkins declines to bring Merrill's personality to life. We learn about his career, but we do not seem to get to know the man himself. Happily, Merrill's achievements and business innovations ar. A Customer said Embarrassing attempt at biography. In his introduction, the author attempts vainly to put Merrill in the same category as Morgan and other great financiers. The problem is that he was not a financier, just a guy riding the trend of retailing in the 19"Embarrassing attempt at biography" according to A Customer. In his introduction, the author attempts vainly to put Merrill in the same category as Morgan and other great financiers. The problem is that he was not a financier, just a guy riding the trend of retailing in the 1920s. But his gratitude for his own personal pension fund appreciating in the 1990s and attributing it to people like Merrill is extremely embarrassing. This suggests that the author is trying to ingratiate himself to Merrill's company. A little balatant. More to the point, Mr. Perkins did not seem to understand his topic very well. He constantly refers to the backroom at Merrill as "backstage." The b. 0s. But his gratitude for his own personal pension fund appreciating in the 1990s and attributing it to people like Merrill is extremely embarrassing. This suggests that the author is trying to ingratiate himself to Merrill's company. A little balatant. More to the point, Mr. Perkins did not seem to understand his topic very well. He constantly refers to the backroom at Merrill as "backstage." The b. A Customer said An informative account of a crucial figure in U.S. financial. I learned a lot about Wall Street history from this book. The relatively overnight successes of technology driven Wall Streeters should not obscure the more remarkable achievements of Charlie Merrill. The author skillfully describes the times in which Merrill operated and gave me a balanced view of Merrill's strengths and weaknesses. The story moves swiftly along and I gained a real appreciation of the future Merrill saw, the opportunities he capitalized on, and those he inspired along the way.