W. E. Hutton & Co.

W. E. Hutton & Co. was an American investment bank that became a powerhouse Wall Street stock brokerage.

It was founded in Ohio in 1887 and was absorbed by Thomson & McKinnon Auchincloss Kohlmeyer, Inc., another investment bank.

[2] In 1935, Joseph Iglehart and Benjamin D. Williams, the heads of the bond department of Field, Glore & Co. both joined Hutton and the firm took over the Baltimore office of Field, Glore & Co.[3][4] In 1937, counsel for the Securities and Exchange Commission attempted to show that the firm "unlawfully obtained information from a stock specialist's book in 1935-36.

[7][8] His eldest son, James Morgan Hutton, was senior partner of the firm upon his death in 1940.

[9][10] By July 1974, the firm had already lost $1 million on top of the $2 million it had lost the previous year, leading it to negotiate a merger into Thomson & McKinnon Auchincloss Kohlmeyer (which was led by chairman William E. Ferguson and president John J. Maloney Jr.).