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2.3 billion worth of business. In 1953, Federal Judge Harold R. Medina wrote that Stuart “probably knew more about the investment banking business than any other living person” after Stuart appeared as a government expert witness in an anti-trust suit brought against 17 leading investment houses. At the time of Stuart's death in 1966, the New York Times called Halsey, Stuart “one of the largest investment banking firms.”
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Harold L. Stuart was a national leader in the field of investment banking. Stuart was president of the brokerage house of Halsey, Stuart & Company. His decision to move the firm's headquarters to
Chicago played an important role in establishing the city as a leading financial center. In 1969, his
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in 1881, and moved to
Chicago as a boy. He began working in Chicago at just 12 years old as a messenger boy for a printing firm. Some of his other early jobs included being a stock boy at Marshall Field & Company. As a teenager, he became a bond salesman for the predecessor company to the
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27 million bond offering at a time when the bond market did not look promising. Stuart was able to move the issue at an extremely low interest rate and as a result, Stuart become one of Insull's chief financial officers. Later in his life, Stuart recalled that he and Insull did about $
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in 1907. When N. W. Halsey died around the year 1911, Stuart bought the
Chicago office of that organization and established Halsey, Stuart & Co. In 1922, due to his growing trust in Stuart, Insull entrusted Stuart with a
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In 1903, he opened a
Chicago branch office for the recently founded New York investment firm, N. W. Halsey Company. Stuart competed with New York bankers when he started handling small bond offerings for the utility magnate
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258:. The Stuart family has been key to the growth and progress of both the educational and research programs at IIT Stuart School of Business.
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286:(2019). Only business school in Chicago with a marketing analytics program that emphasizes data-driven methodologies.
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Ranked in the Global Top 100 for our Master of
Business Administration program by the Aspen Institute.
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bequest to IIT established the Harold
Leonard Stuart School of Management and Finance, now the
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from the Stuart estate which enabled the university to begin construction on the
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Only business school in
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of the early 20th century, and founder of the investment firm
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Ranked 15th in the U.S. in financial engineering programs by
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Ranked 21st in the best master's of marketing programs by
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https://www.iit.edu/stuart/about/rankings-and-key-facts
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Ranked fifth in the United States and 42nd globally by
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265:(2018) for our Master of Science in Finance program.
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109:Learn how and when to remove this message
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47:adding citations to reliable sources
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313:. Illinois Institute of Technology.
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340:Harold L. Stuart Travel Scrapbooks
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