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Historique
This firm of stockbrokers was founded in c 1870 by William John Galloway and Cyrus Tom Pearson as Galloway & Pearson, with offices at 75 Old Broad Street. The founding families continued to be represented amongst the partners until the late 1950s.
A service company, Gallus Services Limited, was established in 1979 to acquire all the fixed assets of the partnership and to provide the services required to maintain the stockbroking business. In 1984, Galloway and Pearson (and Gallus Services Limited) merged with WICO (W. I. Carr, Sons and Company (Overseas) Limited) to form WICO Galloway and Pearson Limited. WICO was a wholly-owned subsidiary of Exco International plc, who subsequently acquired a 29.9% stake in the new firm with an option to purchase the remaining 70.1%
Galloway and Pearson had premises: 75 Old Broad Street (1870-81); 3 Drapers' Gardens (1882-1910); 3 Drapers' Gardens and Warnford Court (1911 only) then 27G Throgmorton Street (1911-35); 1 London Wall Buildings and 27G Throgmorton Street (to 1940) then Warnford Court (1936-41); Warnford Court (1942-83); Warnford Court and 29 Throgmorton Street (1984).
WICO Galloway & Pearson Limited had premises: Warnford Court and 29 Throgmorton Street (1985), and Sherborne House, 119 Cannon Street (1986).