Joseph Louis Searles III (January 2, 1942 – July 26, 2021) was the first black floor member and floor

broker A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither ...

in the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

. Searles was born in

Asheville, North Carolina Asheville ( ) is a city in Buncombe County, North Carolina, United States. Located at the confluence of the French Broad River, French Broad and Swannanoa River, Swannanoa rivers, it is the county seat of Buncombe County. It is the most populou ...

. He graduated and played football at

Kansas State University Kansas State University (KSU, Kansas State, or K-State) is a public university, public Land-grant university, land-grant research university with its main campus in Manhattan, Kansas, United States. It was opened as the state's land-grant coll ...

, then played professionally for the

New York Giants The New York Giants are a professional American football team based in the New York metropolitan area. The Giants compete in the National Football League (NFL) as a member of the National Football Conference (NFC) NFC East, East division. The ...

. He subsequently became an aide to New York mayor

John Lindsay John Vliet Lindsay (; November 24, 1921 – December 19, 2000) was an American politician and lawyer. During his political career, Lindsay was a U.S. congressman, the mayor of New York City, and a candidate for U.S. president. He was also a regu ...

. He was a member of the

Stock Exchange Luncheon Club The Stock Exchange Luncheon Club was a members-only dining club, on the seventh floor of the New York Stock Exchange Building at 11 Wall Street in Manhattan. The club was founded on August 3, 1898, and moved from 70 Broadway to 11 Wall Street ...

and the

New York Young Republican Club The New York Young Republican Club (NYYRC) is an organization for members of the Republican Party between the ages of 18 and 40 in Manhattan. The New York Young Republican Club is the oldest and largest chapter in the United States, founded in 1 ...

. He worked as a floor partner in the firm of Neuberger, Loeb and Company. In February 1970, he became the first black member of the NYSE. He later earned a law degree from

Georgetown University Georgetown University is a private university, private Jesuit research university in Washington, D.C., United States. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789, it is the oldest Catholic higher education, Ca ...

References

Stock and commodity market managers Kansas State University alumni 1942 births 2021 deaths 20th-century African-American businesspeople {{Stockexchange-stub