Laidlaw and Company, a full-service brokerage and investment banking firm that has been around for almost 175 year, has a rich history. This investment company, originally started in New York City, was the one in the United States. There are now branches all over the world. It began as a merchant house called Heran & Lees, established by Matthew Eitner (Laidlaw) and James Ahern. In 1854, Henry Bell Laidlaw joined the investment company that was then known as Hewitt Lees & Company. By 1866, the investment company became a private banker. Henry Bell Laidlaw worked his way up in the company and became a partner of James Lee. By 1873, Henry Bell Laidlaw had become the leader of the firm and was joined by his brother, Charles. The name of the firm was called Laidlaw & Company and remained that name ever since.
As time went on, Henry Bell Laidlaw turned the investment company into a family owned investment company. In five years of taking over the firm, Henry Laidlaw’s investment company joined the New York stock exchange. In 1880, Laidlaw & Company moved to Wall Street where it would stay until 1910. It is currently located on 5th Avenue in New York, New York. Henry Laidlaw’s son, James, became a partner of the firm in 1894. In 1902, Henry Laidlaw passed away. Family members would take over the firm including Laidlaw’s namesake grandson who had retired from the company in 1970. It was Henry Bell Laidlaw 2nd who merged Laidlaw & Company with a London based European banking establishment called Hambros of London in 1961. Laidlaw & Company went through many name alterations. Today, Laidlaw & Company is called Laidlaw & Company Ltd. The service is top notch. The only that changes is the constant updating of the technology used.