Wilshire Escrow Company, established 1944, is the oldest independent escrow company operating in the Los Angeles Metropolitan area. Founded by Roy F. Shewfelt (5th from left), and Scottie Shewfelt (4th from right), Wilshire Escrow enjoyed instant success resulting from the post WWII housing boom. Scottie recalled when they opened 4,000 escrows in a single subdivision, a feat not uncommon during this post war era. Wilshire Escrow quickly established a reputation as a competent company fully capable of handling a high volume of escrows.  As the word spread, the Wilshire Escrow staff found themselves setting up card tables on location at the new housing tracts to accommodate the volume; sometimes taking up to 100 escrows a day.

Having established himself firmly in the industry, Roy Shewfelt recruited his three sons, Don, Richard and Larry, into the firm. They took on the task of expanding and developing a company that had enjoyed many early successes. Larry added to the company’s offerings by handling liquor license transfers, bulk sale escrows, sale of automobile dealerships as well as other businesses. Both Don and Larry also served as Presidents of the Escrow Institute of California. The Shewfelts are now well into a fourth generation of escrow officers that continue to provide excellent, specialized service to the Los Angeles community.