Edward Francis Hutton was an American financier and co-founder of E. F. Hutton & Company, one of the most respected financial firms in the United States.
Background
Hutton was born to James Laws Hutton, (b March 31, 1847) who left an Ohio farm to work in New York City. James died on December 14, 1885 at the age of 37 when Hutton was only ten years old, leaving Edward and his two siblings (Grace b August 25, 1873 and Franklyn Laws b December 1, 1877, d December 6, 1940) to be raised by his mother, Frances Elouise Hulse Hutton (b May 26, 1851 – d September 12, 1930).
Education
As a schoolboy, Hutton attended the New York Latin School before transferring to P.S. 69. He completed his studies by taking classes at Trinity Chapel High School and Packer"s Business College.
Career
During his adolescence, he worked in a gear factory at age fifteen and then two years later in the mailroom of a securities firm. Blanche was the daughter of investment banker Henry Lawrence Horton. She died in the Spanish Flu influenza pandemic.
Edward and Blanch had one son, Halcourt Horton Hutton, who was born in New York City on May 7, 1902.
Their son Halcourt was killed in a horse riding accident on Long Island on September 25, 1920. East.F. Hutton merged in 1988 with Shearson Lehman/American Express.
Their only child, actress Dina Merrill (born Nedenia Marjorie Hutton) for years served as the only female director on the board of the East. F. The Huttons divorced in 1935 after evidence of Hutton"s affairs with other women became known to Marjorie. Dorothy originally met East.F. through Marjorie"s daughter Adelaide who had invited Dorothy and Homer to spend a weekend with her and other friends at Hillwood.
In 1951, Long Island University purchased Marjorie"s Hillwood estate and created Commonwealth Post College, now known as LIU Post.
In 1963 Dorothy Metzger sold their Old Westbury estate Hutfield to Long Island University. Today Hutfield is the Fine Arts Center at LIU Post. He died on July 11, 1962 in Westbury, New New York
Hutton"s younger brother, Franklyn Laws Hutton (1877–1940), married Edna Woolworth, the dime store heiress and was the father of Barbara Hutton.