Investing in Middle America: John Elliott Tappan and the Origins of American Express Financial Advisors

by Kenneth J. Lipartito

Book Overview

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...

• Format: Hardcover
• Language: English
• ISBN: 0312233981
• ISBN13: 9780312233983
• Release Date: January 2002
• Publisher: Palgrave MacMillan
• Length: 268 Pages
• Weight: 0.35 lbs.
• Dimensions: 1.0" x 6.5" x 9.6"

Customer Reviews

Minneapolis Financial Entrepreneur/Environmentalist!

I hope a lot of people in Minneapolis - and the rest of the country and world - read this book. Not only is it the fascinating story about a leading honest citizen of my fair city, it offers all of us an example of a man who maintained his Victorian morals and sense of honor despite the many hurdles he had to jump to make IDS the company it became. From the U.S. Post Office to charlatans to a personal and professional betrayal, John Tappan gave his life-blood to his company in the hopes that its services would relieve the debt of his clients and help them save for their futures.He was also a strong environmentalist, clearly never forgetting that his youth spent in the wilderness of frontier America shaped him morally and spiritually, and that even though the concept of "survival of the fittest" applies to all of us one must never forget perserverance, courage and loyalty to family, friends, and business clients if one is to succeed and maintain one's moral compass. He also was able to forgive his clients' weaknesses and helped them improve their lives. If only that happened today!Any business public relations firm should read this book and read what customer service and loyalty should be all about - and anyone interested in a unique American Renaissance man should order this book for themselves, family members and friends. They won't be disappointed.

This is an outstanding book.

It is a compelling history of Investors Syndicate, covering the formative years of 1894 - 1925. Equally fascinating is the biographical material on and quotes from the correspondence of John Elliott Tappan, the company's founder. I highly recommend it.Glenn - CFO World Class Flowers

A must read

Excellent book. I really enjoyed it. It gave me a new understanding of the history of American Financial industry. I encourage other people who have dealing with the financial markets to read this book.