Babson-United, Inc.

Babson-United, Inc.

Babson-United, Inc. is the institutional successor to the securities analysis and investment management business founded in 1904 by Roger Babson.cite web|url=http://www.babson.com/|title=Babson-United|accessdate=2007-05-22|publisher=Babson-United, Inc.|author=Babson-United, Inc.: A Short History] Originally organized as "The Office of Roger Babson," it was subsequently named "Babson's Statistical Organization," "Business Statistics Organization," and "Babson's Reports." [ [http://www3.babson.edu/About/History.cfm History of Babson College] ] Since 2004, it has operated as a private, family-owned, non-bank holding company, 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". 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".cite web |url=http://www.iht.com/articles/2001/06/09/mbrief_ed3_.php|title=Investment Report Prints Final Issue|accessdate=2007-05-22|publisher=International Herald Tribune|author=Lauren Klein] In 2002, the firm sold Babson-United Investment Advisors to Boston Advisorscite web|url=http://www.bizjournals.com/boston/stories/2002/03/18/daily1.html|title=Boston Advisors to acquire Babson-United|accessdate=2007-05-22|publisher=Boston Business Journal|author=Boston Business Journal] , 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, was sold in 2004, 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.cite web|url=http://www3.babson.edu/About/overseers.cfm|title=Board of Overseers|accessdate=2007-05-22|publisher=Babson College|author=Babson College]

References

External links

* [http://www.babson.com/ Babson-United, Inc. Homepage]
* [http://www.bostonadvisors.com/ Boston Advisors Homepage]


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