Dean Witter Reynolds

rdf:langString Dean Witter Reynolds

rdf:langString Dean Witter Reynolds

rdf:langString Dean Witter Reynolds

rdf:langString Merged with Morgan Stanley in

rdf:langString Dean Wiiter Logo.png

rdf:langString $1,132 million

rdf:langString font-size:95%;line-height:120%

rdf:langString Merged

rdf:langString Dean Witter Reynolds was an American stock brokerage and securities firm catering to a variety of clients. Prior to the company's acquisition, it was among the largest firms in the securities industry with over 9,000 account executives (ranking third in the US in 1996) and was among the largest members of the New York Stock Exchange. The company served over 3.2 million clients primarily in the U.S. Dean Witter provided debt and equity underwriting and brokerage as mutual funds and other saving and investment products for individual investors. The company's asset management arm, Dean Witter InterCapital, with total assets of $90.0 billion prior to the acquisition, was one of the largest asset management operations in the U.S. Dean Witter Reynolds was founded in 1978 as the merger of and Reynolds Securities (with Dean Witter acquiring Reynolds), which was then the biggest merger in the history of Wall Street. The company was acquired by Sears in 1981, and was renamed "Dean Witter, Discover & Co." in 1993 when Sears spun off the company. The company also owned Discover Card. In 1997, Dean Witter, Discover & Co. merged with investment banking house Morgan Stanley to form "Morgan Stanley Dean Witter & Discover Co.". The combined firm later dropped the "Discover Co." name in 1998 and further the "Dean Witter" name in 2001. For many years, the company used the corporate slogan, "We measure success one investor at a time", which was later adopted by Morgan Stanley.

rdf:langString Merged withMorgan Stanleyin