[1][2] Zwick was born in Plantsville, Connecticut and attended a rural one-room school.

He earned a doctorate in economics from Harvard University in 1954 and served for two years as a professor at the institution.

[3] He worked for the RAND Corporation from 1956 through 1965, where he researched American military and economic assistance programs for Southeast Asian nations.

Zwick then took a position as CEO of Southeast Banking Corporation, and he served in this capacity for 22 years until his resignation in 1991 due to loses pertaining to real estate investments.

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