History
The firm's earliest predecessor, Robertson, Colman & Siebel was founded in 1969 by Sandy Robertson, Robert Colman and Ken Siebel. In 1971, Thomas Weisel, who would later found Montgomery Securities and Thomas Weisel Partners, joined the firm, which was renamed Robertson, Colman, Siebel & Weisel.
In 1978, Thom Weisel, the junior partner pulled off what was described later as a "mutiny" of the firm. Weisel became chief executive of the firm and prompted the departure of Robertson and Colman. Weisel changed the name of the original firm to Montgomery Securities.
Robertson left the firm in October 1978 and founded Robertson, Colman, Stephens & Woodman along with partners Robert Colman and Dean Woodman and many of the firm's leading bankers. The name of the firm was shorted to Robertson Stephens & Company in 1989. Robertson Stephens and Montgomery Securities would remain fierce rivals for two decades.
Read more about this topic: Robertson Stephens
Famous quotes containing the word history:
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
—John Adams (1735–1826)
“In the history of the human mind, these glowing and ruddy fables precede the noonday thoughts of men, as Aurora the sun’s rays. The matutine intellect of the poet, keeping in advance of the glare of philosophy, always dwells in this auroral atmosphere.”
—Henry David Thoreau (1817–1862)
“Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.”
—Susan Sontag (b. 1933)