Babson-United, Inc. is the institutional successor to the securities analysis and investment management business founded in
Boston
Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in Massachusetts, most populous city of the Commonwealth (U.S. state), Commonwealth of Massachusetts, as well as the cultural and financ ...
in 1904 by
Roger Babson
Roger Ward Babson (July 6, 1875 – March 5, 1967) was an American entrepreneur, economist, and business theorist in the first half of the 20th century. He is best remembered for founding Babson College. He also founded Webber College, now Webber ...
.
[: 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.''
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
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
, 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
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...
Corp.'s weekly investment publication, ''The Outlook''. In 2002, the firm sold Babson-United Investment Advisors to Boston Advisors, 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
Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in Massachusetts, most populous city of the Commonwealth (U.S. state), Commonwealth of Massachusetts, as well as the cultural and financ ...
area.
As of May 2007, the firm's Chairman and President is Richard L. Babson.
References
External links
Babson-United, Inc. Homepage
Boston Advisors Homepage
Financial services companies established in 1904
Financial services companies disestablished in 2004
Holding companies established in 2004
1904 establishments in Massachusetts
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