Marshall Field III - Investment Banking

Investment Banking

On his discharge after the war ended, Field returned to Chicago where he went to work as a bond salesman at Lee, Higginson & Co. After learning the business, he left to open his own investment business. A director of Guaranty Trust Co. of New York, he eventually teamed up with Charles F. Glore and Pierce C. Ward to create the investment banking firm of Marshall Field, Glore, Ward & Co. In 1926, Field left the firm to pursue other interests.

Already a recipient of substantial money from the estate of his grandfather Marshall Field, on his fiftieth birthday Marshall Field III inherited the bulk of the remainder of the family fortune. His brother, Henry Field, who was to have shared in the fortune died earlier in 1917.

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