Mitchell Hutchins

Mitchell, Hutchins & Co. was a securities research firm based in New York City. In 1977, it was acquired by Paine Webber.

Mitchell, Hutchins & Co.
IndustryFinancial services
FateAcquired by Paine Webber
FoundedJune 21, 1919 (June 21, 1919)
DefunctMay 27, 1977 (May 27, 1977)

History

The firm was founded in 1919 in Chicago, Illinois by William H. Mitchell and James C. Hutchins, Jr., members of two prominent Chicago banking families involved with the Illinois Bank & Trust.[1]

In 1965, the company acquired D.B. Marron & Company, founded in 1959 by Donald Marron. In 1967, Marron was named president of the company. Under Marron, the firm's prominence grew significantly.

In 1975, the firm was chosen as the best research firm on Wall Street by portfolio managers.[2]

In 1977, Mitchell Hutchins was acquired by Paine Webber.[3][4][5] Paine Webber continued to use the Mitchell Hutchins brand until the company was acquired by UBS in 2000.

In 2001, Mitchell Hutchins was merged into Brinson Partners.[6]

References

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