Education
Witter graduated from the University of California, Berkeley in 1909.
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Dean Witter
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Career
Witter"s family had moved to Northern California from Wausau, Wisconsin, settling in San Carlos, California in 1891. At Berkeley, Witter distinguished himself for rowing. Upon graduation, Witter worked as a salesman for Louis Sloss & Company.
In 1914, Witter partnered with Charles R. Blyth to found Blyth, Witter & Company, a San Francisco based brokerage.
In its early years, Dean Witter focused on dealing in municipal and corporate bonds. The company was highly successful in its first five years, purchasing a seat on the San Francisco Stock Exchange in 1928 and then opening an office in New York and purchasing a seat on the New York Stock Exchange in 1929.
Although a relatively young company, Dean Witter survived Wall Street Crash of 1929 and the Great Depression, posting profits every year during the 1930s and into the 1940s. Dean Witter would lead his company until his death in 1969.
