COMPANY·HISTORIES
NAIC 52312

Securities Brokerages

How the companies in this industry began, and the forces that shaped them.

26companies1909–1999founding years24still active2no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedDain Rauscher CorporationFoundedDain Rauscher Corporation
1909
1914
EconomyWorld War I begins; global trade reorders.
FoundedMorgan Stanley Dean Witter & Company
1924
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedT. Rowe Price Associates, Inc.FoundedT. Rowe Price Associates, Inc.
1950
FoundedFirst Albany Companies Inc.
1953
FoundedA.B. Watley Group Inc.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedA.G. Edwards, Inc.FoundedA.G. Edwards, Inc.FoundedInstinet Corporation
1967
FoundedSiebert Financial Corp.FoundedSiebert Financial Corp.
1969
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
FoundedAmeritrade Holding Corporation
1975
TechnologyThe personal-computer era begins.
FoundedGabelli Asset Management Inc.
1976
FoundedDatek Online Holdings Corp.FoundedDatek Online Holdings Corp.
1978
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedJB Oxford Holdings, Inc.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedLaBranche & Co. Inc.
1999
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Dain Rauscher Corporation →
Active · founded 1909
Dain Rauscher Corporation, formerly known as Interra Financial and Inter-Regional Financial Group briefly before that,…
Dain Rauscher Corporation →
Active · founded 1909
Dain Rauscher Corporation, formerly known as Interra Financial and Inter-Regional Financial Group briefly before that,…
Morgan Stanley Dean Witter & Company →
Active · founded 1924
Morgan Stanley Dean Witter & Company, formed in 1997 through the merger of Morgan Stanley Group, Inc.
Morgan Stanley Dean Witter & Company →
Active · founded 1924
Morgan Stanley Dean Witter & Company, formed in 1997 through the merger of Morgan Stanley Group, Inc.
T. Rowe Price Associates, Inc. →
Active · founded 1950
T.
T. Rowe Price Associates, Inc. →
Active · founded 1950
T.
First Albany Companies Inc. →
Active · founded 1953
First Albany Companies Inc., acting through its subsidiaries, conducts a full-service investment banking and brokerage…
First Albany Companies Inc. →
Active · founded 1953
First Albany Companies Inc., acting through its subsidiaries, conducts a full-service investment banking and brokerage…
A.B. Watley Group Inc. →
Active · founded 1958
A.B.
A.B. Watley Group Inc. →
Active · founded 1958
A.B.
A.G. Edwards, Inc. →
Active · founded 1967
A.G.
A.G. Edwards, Inc. →
Active · founded 1967
A.G.
Instinet Corporation →
Active · founded 1967
Instinet Corporation operates the largest of a number of privately owned electronic communications networks (ECNs) that…
Instinet Corporation →
Active · founded 1967
Instinet Corporation operates the largest of a number of privately owned electronic communications networks (ECNs) that…
Siebert Financial Corp. →
Active · founded 1969
Siebert Financial Corp.
Siebert Financial Corp. →
Active · founded 1969
Siebert Financial Corp.
Ameritrade Holding Corporation →
Active · founded 1975
Ameritrade Holding Corporation is a discount broker-dealer that operates through four subsidiaries: Ameritrade,…
Ameritrade Holding Corporation →
Active · founded 1975
Ameritrade Holding Corporation is a discount broker-dealer that operates through four subsidiaries: Ameritrade,…
Gabelli Asset Management Inc. →
Active · founded 1976
Gabelli Asset Management Inc.
Gabelli Asset Management Inc. →
Active · founded 1976
Gabelli Asset Management Inc.
Datek Online Holdings Corp. →
Defunct · founded 1978
Datek Online Holdings Corp.
Datek Online Holdings Corp. →
Defunct · founded 1978
Datek Online Holdings Corp.
JB Oxford Holdings, Inc. →
Active · founded 1987
JB Oxford Holdings, Inc.
JB Oxford Holdings, Inc. →
Active · founded 1987
JB Oxford Holdings, Inc.
LaBranche & Co. Inc. →
Active · founded 1999
LaBranche & Co.
LaBranche & Co. Inc. →
Active · founded 1999
LaBranche & Co.
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