E.F. Hutton Breaks Silence
Former Officials from the Old Brokerage Firm Look to Relaunch it Soon
By AARON LUCCHETTI And BRETT PHILBIN
I normally don’t blog about things that don’t have a prospect of making our readers money, but I couldn’t help myself. This was a marquis firm that gave me my first job in the brokerage industry in 1987 (right after the crash).
A group of former officials from the old brokerage firm E.F. Hutton & Co. plan to start a new boutique financial-advisory firm under the same name.
The group, led by former E.F. Hutton and Smith Barney manager Frank Campanale, plans to announce Monday that it will launch the firm in coming weeks with the hiring of financial advisers and others, according to Mr. Campanale.
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The launch could bring some new buzz to a name that hasn’t been in wide circulation since the 1980s. Then, it was well known for its advertising slogan, “When E.F. Hutton talks, people listen.”