Monday, May 18, 2015

Nearly 20 years ago...............

I was told that Salomon trading floor at 7 World Trade was a den of thieves.  If a quarter got loose it was a brawl.  I had a chance to visit the mammoth floor on the 8th anniversary of the Big Crash.   It reminded me of a row of brokers offices in the Drexel Burnham Lambert office in LaJolla.   We called it "murderers row" for lack of a better term.  I don't think it mattered, the clients got twirled.  In fact there was one broker who would sell open-end fixed-income mutual funds and at the same time as he wrote up the "buy" ticket he would write up the "sell" ticket!     The office manager at the time, Walter J. Shaw, did his best.   He wasn't the finest branch manager I ever worked with and far from the worst, but he never tossed his guys under the bus.

The best branch manager I ever worked with was David B. Utter.

    

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Native American Advisors CHIPPEWA PARTNERS

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173