Scott Pierce
Encyclopedia
Scott Pierce II is the youngest child of Marvin
Marvin Pierce
Marvin Pierce was president of McCall Corporation, the publisher of the popular women's magazines Redbook and McCall's.-Biography:...

 and Pauline (Robinson) Pierce, and brother of former First Lady
First Lady of the United States
First Lady of the United States is the title of the hostess of the White House. Because this position is traditionally filled by the wife of the president of the United States, the title is most often applied to the wife of a sitting president. The current first lady is Michelle Obama.-Current:The...

 Barbara Bush, wife of George Herbert Walker Bush and uncle of the 43rd President George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....

. Pierce is named for his grandfather, who was an insurance salesman in Dayton, Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...

. His father was chairman of McCall Corporation
McCall Corporation
McCall Corporation was an American publishing company that produced some popular magazines. These included Redbook for women, Bluebook for men, McCall's, the Saturday Review, and Popular Mechanics...

. Upon graduation from Miami University
Miami University
Miami University is a coeducational public research university located in Oxford, Ohio, United States. Founded in 1809, it is the 10th oldest public university in the United States and the second oldest university in Ohio, founded four years after Ohio University. In its 2012 edition, U.S...

 and marriage to Janice Chamberlaine in 1954, he joined Phelps, Fenn and Company, a prominent municipal bond
Municipal bond
A municipal bond is a bond issued by a city or other local government, or their agencies. Potential issuers of municipal bonds includes cities, counties, redevelopment agencies, special-purpose districts, school districts, public utility districts, publicly owned airports and seaports, and any...

 house. In 1966, Pierce was made a partner of G. H. Walker & Co.
G. H. Walker & Co.
G.H. Walker & Co. was an investment banking and brokerage firm founded in 1900 by George Herbert Walker, grandfather and great-grandfather of Presidents George Herbert Walker Bush and George Walker Bush, and located at 1 Wall Street....

, a company founded by ? Bush's grandfather, George Herbert Walker
George Herbert Walker
George Herbert Walker was a wealthy American banker and businessman. His daughter Dorothy married Prescott Bush, making him a grandfather of former President George H. W. Bush and a great-grandfather of former President George W. Bush.-Life and career:Born in St...

. He left the firm in 1974 to join Blyth, Eastman, Dillon and Company as a senior vice president of public finance
Public finance
Public finance is the revenue and expenditure of public authoritiesThe purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.-Overview:The proper role of government provides a...

. In the fall of 1975, he moved to E. F. Hutton & Co. where in 1982 he became President.

Prior to his election, some Hutton offices engaged in an aggressive cash management scheme. On May 2, 1985 the company pleaded guilty to 2,000 counts of mail fraud; Mr. Pierce was in no way implicated in the scandal. Pierce left the company two years later to head PAMCO, a division of Prudential
Prudential Financial
The Prudential Insurance Company of America , also known as Prudential Financial, Inc., is a Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the...

. He is currently retired and serving as the Chairman of the Board of Trustees for Manhattanville College
Manhattanville College
Manhattanville College is a private, coeducational liberal arts college offering undergraduate and graduate degrees, located in Purchase, New York. Founded in 1841 it was known initially as Manhattanville College of the Sacred Heart...

.
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