Our legacy extends for more than 110 years.
Edward Francis Hutton is born in New York
Industrious young Edward started work at age 17 when he secured a position in the mail room of a New York mortgage company
EF Hutton & Company is established and sets up office in San Francisco
When the first EF Hutton & Company office opened to serve individuals in December of 1904, his San Francisco brokers could execute orders in minutes as opposed to hours for other brokerage houses. All the biggest investors in San Francisco were soon EF Hutton clients.
Edward F. Hutton becomes Chairman of Post Cereal which later becomes General Foods
Although not as well-known in New York, EF Hutton & Company continued to grow rapidly. Rather than wait for clients, EF Hutton established hotel branches for the convenience of wealthy travelers. In 1923, his friend Gerald Loeb joined EF Hutton & Company. Loeb was renowned as a trader and for his sound investment advice. Loeb became a partner of the firm and was a founding stock holder and vice chairman when the company incorporated in 1962.
Edward F. Hutton passes away
In 1949, he founded the Freedoms Foundation at Valley Forge, Pennsylvania to give awards to individuals and organizations that promote patriotic ideals. The Foundation‘s work has involved extensive collaboration with the Boy Scouts of America. He also wrote a syndicated newspaper column titled, “Think It Through”, which appeared in more than 60 papers across America before he passed away on July 11, 1962, at the age of 86.
Company sets up headquarters at Battery Park in NYC
Developed fee based account
Develops the Unified Managed Account (UMA) system
EF Hutton surpasses Merrill Lynch
For the first time, revenues are larger than Merrill Lynch and the company employs over 9,000 financial advisors. Establishes EF Hutton Trust Company.
When EF Hutton talks, people listen
EF Hutton becomes one of the most recognized brands in America with a series of commercials that assert the company as the authority in the financial world.
EF Hutton merges with Shearson Lehman
Shearson Lehman Hutton resulted from the merger of Shearson Lehman Brothers (an American Express Company) and EF Hutton & Company.
American Express sells Shearson Lehman Hutton
American Express sells Shearson Lehman Hutton to Primerica, which then mergers with Traveler’s Insurance headed by Sandy Weill.
Travelers Merges with Citigroup
Traveler's merges with Citigroup. EF Hutton’s investment advisory business now has over $400 billion in assets and is made part of Salomon Smith Barney.
EF Hutton rebuilds
Citi spins off the EF Hutton brand, which current management then acquires.
Today's EF Hutton
EF Hutton Management announces intention to bring the storied brand back to market.
EF Hutton becomes a public company (OTC: HUTN)
EF Hutton trades Wall Street for Main Street
In November 2016, EF Hutton launched its investment service and its "no commission" trade execution service. These innovative products provide investors with unique value. In February 2016, EF Hutton announced that it would introduce its mobile platform in November 2017. Another innovation that brings EF Hutton even closer to its customers.