How it started
Founding and early history
In July 1879, Charles Cabot Jackson and Laurence Curtis founded their investment banking firm Jackson & Curtis on Congress Street in Boston, Massachusetts.
Following the difficult years of the Great Depression, in June 1942, Jackson & Curtis merged with Paine & Webber, another Boston-based brokerage firm. The combined firm, Paine, Webber, Jackson & Curtis, operated a combined total of 22 branch offices. With its greater combined asset base Paine Webber Jackson & Curtis had become a significant participant in the New England financial market.
1960s and 1970s
The firm, now known as Paine Webber Jackson & Curtis moved its headquarters from Boston to New York in 1963. The firm's holding company was incorporated in 1970 as PaineWebber Inc., of which Paine Webber Jackson & Curtis was its main subsidiary.
In 1974, the firm completed an initial public offering of the stock of its holding company, PaineWebber Inc., and listed the company on the New York Stock Exchange. As was the case for many firms, the company engaged in a number of acquisitions in the 1970s, as a wave of consolidation spread through the industry.
From Wikipedia’s article on Jackson & Curtis, shared under CC BY-SA 4.0.2