Muriel Siebert

Muriel Siebert broke traditional gender barriers and became known as "The First Woman in Finance"!

Muriel "Mickie" Siebert was the first woman to own a seat on the New York Stock Exchange (NYSE) and earned the nickname “The First Woman in Finance” 👩

Muriel Siebert was born in 1928 in Cleveland, Ohio, and displayed a talent for numbers and finance from a young age 🧮

Despite facing the early death of her father as well as financial difficulties, she pursued her education at Case Western Reserve University – she was the only girl in her class! 📚

In 1954, Siebert moved to New York City with just $500 to her name, aiming to conquer Wall Street 🏦

After job-hunting for weeks, she finally landed a position as a research analyst at Bache & Company, where she quickly distinguished herself with her analytical skills 🏦

As she rose through the ranks at Bache & Company, Siebert realized that her male co-workers were earning significantly more than she did – for the same work! 💼

By 1967, Siebert was tired of making less money than men, so she took a historic step by purchasing a seat on the NYSE for $445,000, becoming the first woman to do so in 175 years 🚪

In 1969, she founded her own brokerage firm, Muriel Siebert & Co, which became the first woman-owned brokerage firm on the NYSE 🏢

Siebert's firm thrived, and she later expanded her influence by serving as the first female Superintendent of Banks for New York State, where she oversaw assets of over $500 BILLION💰

Despite intense obstacles and discrimination through her life, Muriel Siebert was a successful, trailblazing businesswoman who, through her advocacy, paved the way for many more women in finance.

Test your knowledge

What was Muriel Siebert's nickname?

Choose an option

Which “first” did Siebert achieve?

Choose an option

How much assets did Siebert oversee as Superintendent of Banks for NY?

Choose an option

What's next?

Featured Lessons