The Investbank of Merrill Lynch was called in honor of the founders Charles Merrill and Edmund Lynch. Merrill's way to wealth - a typical embodiment of the American dream: from da's dirt in princes. His parents weren't especially provided people. Having sent the son to go into higher education, they couldn't contain it. At first Charles earned additionally to pay study, but money didn't suffice, and it was compelled to leave college. Worked in the newspaper, tried to earn additionally in an amateur baseball team, generally, survived, as was able. In 22 years it was arranged with the courier at Patchogue-Plymouth Mills textile company office in New York. To use the person with incomplete higher education as the messenger - it is a little unreasonable, solved in this firm and began to charge to Charles more qualified work. He aspired to prove that is able to work better than others, and in two years became the director of this company. In 1909 Charles passed to more George H major company. Вurr&Со, trading in paper. The enterprising 24-year-old young man created there new department on management of debts and issue of securities. The successes reached in this firm, allowed Charles to make a modest fortune to start own business.
In 1914, at the age of 29 years, it opened the Charles E.Merr_ll&so company. and one year invited as business partner Edmund Lynch later and renamed the company into Merrill Lynch.