Loeb, Rhoades & Co.

Loeb, Rhoades & Co.
Company typeDefunct
IndustryBrokerage
Founded1931
FoundersCarl M. Loeb
John Langeloth Loeb Sr.
FateMerged with Shearson Hayden Stone to form Shearson Loeb Rhoades, later Shearson/American Express
HeadquartersNew York City, United States

Loeb, Rhoades & Co. was a Wall Street brokerage firm founded in 1931 and acquired in 1979 by Sanford I. Weill's Shearson Hayden Stone. Although the firm would operate as Shearson Loeb Rhoades for two years, the firm would ultimately be acquired in 1981 by American Express to form Shearson/American Express and three years later Shearson Lehman/American Express.