Investing for Middle America: John Elliott Tappan and the Origins of American Express Financial Services

by K. Lipartito and C. Peters

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In 1892, John Elliott Tappan, a twenty-four year old Minneapolis lawyer, was worried how people saved their money. Out of these concerns, Investors Syndicate was born, one of the first of a new type of financial institution designed to meet the savings needs of the average person. Here is the story of this financial pioneer, whose innovation has today grown into one of the nation's largest financial services companies, American Express Financial Advisors. The book draws on Tappan's diaries, business correspondence, and various family oral histories. Tappan's life, work and ideas chronicle the changes in spending and savings, work and leisure, the culture of politics and money, that have given rise to our modern notions of consumer finance.
  • ISBN13 9780312233983
  • Publish Date 21 January 2002 (first published 15 September 2001)
  • Publish Status Active
  • Publish Country US
  • Imprint Palgrave Macmillan
  • Format Hardcover
  • Pages 268
  • Language English