E.F. Hutton talks ... again

[Shropshire Slasher]

Surprise! E.F. Hutton talks again as firm resurrected - InvestmentNews

A group of former E.F. Hutton alumni are in the process of resurrecting the venerable brokerage firm and its famous advertising slogan, “When E.F. Hutton talks, people listen.”
The new E.F. Hutton & Company will be lead by chief executive Frank Campanale, who was formerly chief executive of the Smith Barney Consulting Group, a successor to Hutton’s pioneering money management unit.
Christopher Daniels, a former investment banker at Hutton, will lead the investment banking side. John Lohr, former general counsel at Hutton’s consulting group, is the new firm’s top attorney.
In addition, Stanley Hutton Rumbough, the grandson of the firm’s original founder, is also involved with the effort.
Use of the Hutton brand was dropped by then owner American Express in 1990, when it changed the name of its Shearson Lehman Hutton brokerage to Shearson Lehman Brothers. Members of the alumni group bought the Hutton brand from an investor outfit more than a year ago, Mr. Daniels said. Citigroup Inc., which had owned the Hutton brand, sold the name as part of its asset sales after the financial crisis.
Details about the resurrected Hutton, however, remain sketchy.
Mr. Campanale did note that the new firm will recruit high-end retail advisers and target institutional and corporate accounts as well.
Mr. Daniels declined to name the investors in the new E.F. Hutton.
“In the course of the last year, we’ve brought together a number of people — former executives and management of Hutton,” Mr. Daniels said. “We’ve got substantial support and backing.”

 

[TheSportsPredictor]

Did he say Bitcoin?

 

[The Big Ragu]

I prefer to give my retro business to these guys.

 

[mpcincal]

That "When E. F. Hutton talks ..." ad campaign was part of the cultural landscape for a while.

This was always one of my dad's favorite commercials:

 

[Shropshire Slasher]

Houseman was fantastic in Paper Chase. He was a virtual unknown to that point and that role launched him into a new career in his 60s.

 

[playthrough]

I prefer to give my retro business to these guys.

I had the impression that if you ran into Houseman on the street back then and giddily asked him to say the Smith Barney tagline, he'd punch you in the face.

 

[wicked]

The new E.F. Hutton & Company will be lead

Sounds solid.

(C’mon, even Word catches that.)

 

[Baron Scicluna]

Houseman was fantastic in Paper Chase. He was a virtual unknown to that point and that role launched him into a new career in his 60s.

He also used to steal the show on Silver Spoons.

 

[Songbird]

He also used to steal the show on Silver Spoons.

And decades later Ricky Schroder is talking mad **** about Dave Grohl.

 

[Smallpotatoes]

Houseman was fantastic in Paper Chase. He was a virtual unknown to that point and that role launched him into a new career in his 60s.

I always like Fridays' parodies of Houseman's Smith Barney ads, where he was pitching for a novelty company called Happy Smith's.

"Happy Smith's Pepper Gum: because it works."

 

[heyabbott]

Houseman was fantastic in Paper Chase. He was a virtual unknown to that point and that role launched him into a new career in his 60s.

He had a couple of great small parts in 3 Days of the Condor and Rollerball.

 

[X-Hack]

He did a nice turn as the Chief Justice in “Gideon’s Trumpet” (though he played Earl Warren as Professor Kingsfield)