Overview
Winthrop Hiram "Win" Smith (June 30, 1893 – January 10, 1961) was an American businessman and investment banker. He was notable as a name partner of Merrill Lynch, Pierce, Fenner & Smith.
Biography
He was born on June 30, 1893, in South Hadley, Massachusetts, then educated at Phillips Academy. He graduated from Amherst College in 1916.
Upon graduation from Amherst, Smith joined Merrill Lynch in 1916, just two years after the firm's predecessor Charles E. Merrill & Co. was founded. Smith, who began as a junior runner and clerk at Merrill, was groomed by founder and Amherst alumnus Charles E. Merrill.
Smith's career would span more than four decades, and he would ultimately serve as directing partner of the firm. In 1940 and 1941, Smith was an architect of Merill's transformative mergers including E.A. Pierce & Co. and Cassatt & Co. in 1940, followed by the acquisition of Fenner & Beane in 1941. Smith is often credited, along with the innovative advertising manager he had hired, Louis Engel, Jr. (1909 - 1982), for helping to realize Charles E. Merrill's aim of bringing Wall Street to Main Street, and received both respect and affection from his colleagues in the industry and at his firm.
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