As early as the mid 1700’s, our nation’s financial traders could be found in action on the streets of lower Manhattan. It was during these years brokers, merchants and auctioneers bought and sold to one another in offices, coffee houses, and marketplaces all over town. In the 1790’s, speculative excess, combined with the lack of a formal trading structure, left the future of our nation’s markets in question.
On May 17, 1792, a group of two dozen traders gathered at their daily meeting place, a Buttonwood tree at 68 Wall Street. Facing chaotic markets, they made the decision to organize their trading. “The Buttonwood Agreement”, as this arrangement would later come to be known, helped to create liquidity and gave birth to The New York Stock Exchange.
227 Years Later
According to The Tallahassee 100, “The New York Stock Exchange [now] has more than 2,400 listed companies and handles average daily trading of more than one billion stock shares.”
Today, Buttonwood Financial Group, also founded on the basis of creating conservative order, brings financial organization with a personalized focus to each of our clients. Through the combination of the development of conservative growth portfolios based upon asset allocation theory, as well as specialization in fixed income investments, from retirement to estate planning, to business and education strategies, the lessons taught by our forefathers come to light every day.
As Your Family CFO, the Buttonwood team works with our clients to coordinate and implement comprehensive financial strategy. We go beyond standard asset managers in the industry. While others might focus primarily on investments, we provide holistic strategy, all integrated into your life and based around your specific goals.
Are you ready to take the next step to an organized, streamlined financial life? Contact us today by visiting our Contact Page, or emailing us at Info@ButtonwoodFG.com. We look forward to the opportunity to serve as Your Family CFO!