Babson-United, Inc. is the institutional successor to the securities analysis and investment management business founded in Boston in 1904 by Roger Babson.[1] Originally organized as The Office of Roger Babson, it was subsequently named Babson's Statistical Organization, Business Statistics Organization, and Babson's Reports.[2] Since 2004, it has operated as a private, family-owned, non-bank holding company,[1] and no longer provides investment news or advice to outside clients.
The firm's original investment report was founded during World War I, and had several incarnations, including United & Babson Investment Report and Babson-United Investment Report.[1] After 80 years of operation, the Report published its final issue on April 16, 2001, after which subscribers were transferred to Standard & Poor's Corp.'s weekly investment publication, The Outlook.[3] In 2002, the firm sold Babson-United Investment Advisors to Boston Advisors,[4] transferring $1.2 billion in assets under management. The firm's Securities Research Co. division, which was the nation's oldest provider of independent stock-charting information,[4] was sold in 2004,[1] as the final prelude to Babson-United's reorganization as a family holding company.
In 1927, the company, then named Babson's Statistical Organization, established radio station WBSO in Wellesley Hills, Massachusetts. This station eventually developed into WROL, currently broadcasting in the Boston area.
As of May 2007, the firm's Chairman and President is Richard L. Babson.[5]
References
edit- ^ a b c d "Babson-United". Babson-United, Inc. Archived from the original on 23 May 2007. Retrieved 2007-05-22.: A Short History
- ^ "History of Babson College". Babson College. Archived from the original on 2010-12-28. Retrieved 2008-06-23.
- ^ Lauren Klein. "Investment Report Prints Final Issue". International Herald Tribune. Archived from the original on 8 June 2007. Retrieved 2007-05-22.
- ^ a b "Boston Advisors to acquire Babson-United". Boston Business Journal. 2002-03-18. Retrieved 2007-05-22.
- ^ "Board of Overseers". Babson College. Archived from the original on 8 June 2007. Retrieved 2007-05-22.
External links
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