Babson-United, Inc.
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Babson-United, Inc. is the institutional successor to the securities analysis and
investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...
business founded in
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
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 Webbe ...
.: 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 A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
, 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 or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting to ...
, 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 In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institutio ...
. 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 WROL (950 AM broadcasting, AM) is a radio station in Boston, Boston, Massachusetts. The station is owned by Salem Media Group. Most of WROL's programming is Religious broadcasting, religious including local ministers as well as national radio ...
, currently broadcasting in the
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
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 {{US-finance-company-stub