Walter L. Morgan

Walter L. Morgan (July 23,1898–September 2,1998) was the founder of the Wellington Fund, the first balanced mutual fund in the United States and one of the oldest surviving mutual funds. Morgan was born in Wilkes-Barre, Pennsylvania where he prepared at the Hillman Academy. He graduated from Princeton University in 1920, and shortly thereafter became the youngest CPA in Pennsylvania. In the 1920s Morgan raised $100,000 from relatives and business people to create what he believed to be a stable investment portfolio. The Industrial and Power Securities Company was established in 1928. It was later renamed the Wellington Fund in honor of the Duke of Wellington. Wellington Management Company was incorporated in Philadelphia in 1933. In 1951 Morgan hired John C. Bogle who became his heir at the company.

References

  • myLocal.IN.gov: Morgan County Profile. Name: Named in 1822 for Revolutionary War General Daniel Morgan; County Seat: Martinsville; Morgan County Statistics
  • Thomas H. Morgan - Biography Thomas H. Morgan Thomas Hunt Morgan was born on September 25, 1866, at Lexington, Kentucky, U.S.A. He was the eldest son of Charlton Hunt Morgan.
  • Frank Morgan Frank Morgan works in minimal surfaces and studies the behavior and structure of minimizers in various dimensions and settings. He has six books: Geometric
  • Morgan McLintic on PR Morgan McLintic is a senior vice president at global public relations agency, LEWIS. In this weblog he discusses trends in PR, marketing and technology.
  • WebbAlert - Your Daily Tech Roundup Story Links. Want more Infinite Solutions with Mark Erickson? You can go to Mark's (OK Zach's) website, or try his YouTube channel for lots more videos.
  • Melanie Morgan | Listen to KSFO 560 in San Francisco for more GET READY TO RAMBLE! Tuesday November 13th — 12:00 Noon. A pro-troop rally, and cards-for-the-troops drive takes place at the Land Park Ampithe
  • Official site & fan club of Craig Morgan & his new CD, "Little Bit Craig Morgan, country music, country, Nashville, music city, Almost Home, Little Bit of Life, fan club, My Kind of Livin', Rain for the Roses, I love it,
  • Morgan Lehman Gallery Contemporary Art Morgan Lehman Gallery presents David S. Allee, Bill Amundson, Cynthia Atwood, Laura Ball, Peter Barrett, Emily Buchanan, Paul Chaleff, Darlene Charneco,

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