Babson-United, Inc. is a private, family-owned, non-bank holding company
involved in the management of family real-estate and other holdings.
Prior to May of 2002, the company operated a registered investment advisor. The antecedent to that privately held and renowned metropolitan Boston firm was founded in 1904 by Roger W. Babson, who also established Babson College, located in Babson Park, Massachusetts. Babson College is acclaimed and nationally recognized as, “The #1 ranked college for entrepreneurial business studies.” Roger Babson was famed for predicting “The Great Wall Street Crash” in 1929 and for prior positioning of his clients’ assets. A fundamentals-based, long-term style to equities investing was a mainstay of his investing philosophy.
A Short History
|
1904 |
Babson’s Reports, Inc. founded (originally as the Office of Roger W. Babson) |
|
1912 |
United Business Service Company founded (originally as Investment Bankers Bureau, Inc.) |
| 1919 | U. S. Bulletin published by Office of the President (Wilson) to coordinate wartime production |
| 1919 | Armistice declared; U. S. Bulletin sold to United Business Service Company |
| 1921 | United Business Service Company sold to Paul T. Babson. Weekly newsletter United Business Service inaugurated. |
| 1927 | United Investment Counsel incorporated for portfolio advisory |
| 1966 | Name of weekly newsletter, United & Babson Investment Report, changed to Babson-United Investment Report. |
| 1966 | United Business Service Company buys Securities Research Company. |
| 1986 | Babson’s Reports sold to United Business Service Company. |
| 1986 | United Business Service Company changes name to Babson-United Investment Advisors, Inc., and Babson's Registered Investors becomes an operating division of Babson-United Investment Advisors, Inc. |
| 1986 | New parent holding company, United Business Service, Inc., created. |
| 1987 | Name of weekly newsletter, United Business & Investment Report, changed to United & Babson Investment Report. |
| 1996 | Securities Research Company becomes operating division of United Business Service, Inc. |
| 1998 | United Business Service, Inc. name changed to Babson-United, Inc. |
| 1998 | United & Babson Investment Report becomes operating division of Babson-United, Inc. |
| 1999 | Name of weekly newsletter, United & Babson Investment Report, changed to Babson-United Investment Report. |
| 2001 | Subscribers of Babson-United Investment Report are migrated into an unrelated firm's publication. Babson-United Investment Report ceases publication. |
| 2002 | Investment advisory clients of Babson-United Investment Advisory, Inc. are migrated to an unrelated firm. Babson-United Investment Advisors, Inc. ceases to operate as a registered investment advisor (RIA), and name changed to BUIA Holding, Inc. |
| 2004 | Babson-United, Inc. sells Securities Research Company to an unrelated corporation with the same name of Securities Research Company. |
| 2004 | Babson-United Inc. commences operation as a private, family-owned, non-bank holding company. |