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Investment Professionals


The first investment professionals were men living in the 1600s who worked for merchant banks and helped finance long-term investments overseas. The New York Stock Exchange began operating in 1792, which changed the practice of investment and allowed the freedom for many people to begin investing. Bonds made their appearance during the Civil War in the 1860s, and it was during this era that some of the largest investment companies began to operate. They include Goldman Sachs and Bache & Company, which was later acquired by Prudential Financial.

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