Financier, Sportsman, was co-founder of E. F. Hutton & Co., one of the largest financial firms in the United States. He dropped out of school after his father's death, finished his education in night school, and first worked in the mailroom at a securities firm when he was 15 years of age. He did, however, have a slight head start in the finance world -- his uncle was the CEO at a Cincinnati brokerage, Harris, Hutton & Company, and young Edward became a partner in that firm when he was twenty.
At 25, he convinced his uncle to open a branch office in Manhattan with himself at the helm, and there his investment acumen made him a millionaire. After a visit to San Francisco, Hutton became convinced that an office in that far west outpost could be profitable, if it was wired with a private telegraph carrying information from New York far faster than the mails and media. When his uncle decided the idea had little potential, Hutton sought business partners and opened his own brokerage in 1904. According to legend, Hutton's private telegraph allowed him to divest all his San Francisco investments before word of that city's 1906 earthquake reached the East Coast. He quit his eponymous brokerage after marrying Marjorie Merriweather Post, daughter of C. W. Post, then took command at Post's Postum Cereal Company, where he engineered its eventual acquisition of fourteen other small companies, emerging as General Foods. Politically conservative, he battled publicly with President Franklin D. Roosevelt over virtually every aspect of the New Deal.
EF was married three times, first to Blanche Horton, who died of Spanish Flu in 1918, they had one son Halcourt. He married Marjorie Post in 1920 and they divorced in 1935, the had one child Dina (Nedenia), finally to Dorothy Metzger in 1936, EF died July 11, 1962 in Old Westbury, New York. He was buried in Locust Valley Cemetery in an unmarked grave until many years later when his daughter Dina Merrill had it marked.
At 25, he convinced his uncle to open a branch office in Manhattan with himself at the helm, and there his investment acumen made him a millionaire. After a visit to San Francisco, Hutton became convinced that an office in that far west outpost could be profitable, if it was wired with a private telegraph carrying information from New York far faster than the mails and media. When his uncle decided the idea had little potential, Hutton sought business partners and opened his own brokerage in 1904. According to legend, Hutton's private telegraph allowed him to divest all his San Francisco investments before word of that city's 1906 earthquake reached the East Coast. He quit his eponymous brokerage after marrying Marjorie Merriweather Post, daughter of C. W. Post, then took command at Post's Postum Cereal Company, where he engineered its eventual acquisition of fourteen other small companies, emerging as General Foods. Politically conservative, he battled publicly with President Franklin D. Roosevelt over virtually every aspect of the New Deal.
EF was married three times, first to Blanche Horton, who died of Spanish Flu in 1918, they had one son Halcourt. He married Marjorie Post in 1920 and they divorced in 1935, the had one child Dina (Nedenia), finally to Dorothy Metzger in 1936, EF died July 11, 1962 in Old Westbury, New York. He was buried in Locust Valley Cemetery in an unmarked grave until many years later when his daughter Dina Merrill had it marked.
Financier, Sportsman, was co-founder of E. F. Hutton & Co., one of the largest financial firms in the United States. He dropped out of school after his father's death, finished his education in night school, and first worked in the mailroom at a securities firm when he was 15 years of age. He did, however, have a slight head start in the finance world -- his uncle was the CEO at a Cincinnati brokerage, Harris, Hutton & Company, and young Edward became a partner in that firm when he was twenty.
At 25, he convinced his uncle to open a branch office in Manhattan with himself at the helm, and there his investment acumen made him a millionaire. After a visit to San Francisco, Hutton became convinced that an office in that far west outpost could be profitable, if it was wired with a private telegraph carrying information from New York far faster than the mails and media. When his uncle decided the idea had little potential, Hutton sought business partners and opened his own brokerage in 1904. According to legend, Hutton's private telegraph allowed him to divest all his San Francisco investments before word of that city's 1906 earthquake reached the East Coast. He quit his eponymous brokerage after marrying Marjorie Merriweather Post, daughter of C. W. Post, then took command at Post's Postum Cereal Company, where he engineered its eventual acquisition of fourteen other small companies, emerging as General Foods. Politically conservative, he battled publicly with President Franklin D. Roosevelt over virtually every aspect of the New Deal.
EF was married three times, first to Blanche Horton, who died of Spanish Flu in 1918, they had one son Halcourt. He married Marjorie Post in 1920 and they divorced in 1935, the had one child Dina (Nedenia), finally to Dorothy Metzger in 1936, EF died July 11, 1962 in Old Westbury, New York. He was buried in Locust Valley Cemetery in an unmarked grave until many years later when his daughter Dina Merrill had it marked.
At 25, he convinced his uncle to open a branch office in Manhattan with himself at the helm, and there his investment acumen made him a millionaire. After a visit to San Francisco, Hutton became convinced that an office in that far west outpost could be profitable, if it was wired with a private telegraph carrying information from New York far faster than the mails and media. When his uncle decided the idea had little potential, Hutton sought business partners and opened his own brokerage in 1904. According to legend, Hutton's private telegraph allowed him to divest all his San Francisco investments before word of that city's 1906 earthquake reached the East Coast. He quit his eponymous brokerage after marrying Marjorie Merriweather Post, daughter of C. W. Post, then took command at Post's Postum Cereal Company, where he engineered its eventual acquisition of fourteen other small companies, emerging as General Foods. Politically conservative, he battled publicly with President Franklin D. Roosevelt over virtually every aspect of the New Deal.
EF was married three times, first to Blanche Horton, who died of Spanish Flu in 1918, they had one son Halcourt. He married Marjorie Post in 1920 and they divorced in 1935, the had one child Dina (Nedenia), finally to Dorothy Metzger in 1936, EF died July 11, 1962 in Old Westbury, New York. He was buried in Locust Valley Cemetery in an unmarked grave until many years later when his daughter Dina Merrill had it marked.
Inscription
Brilliant Innovator, Loving Father
Gravesite Details
The stone says his Date of Birth is 1877, but his Birth Certificate, Passports, and most everything else says 1875.
