Mitchell Hutchins

	Mitchell Hutchins Mitchell, Hutchins & Co. was a securities research firm based in New York City. In 1977, it was acquired by Paine Webber. History The firm was founded in 1919 in Chicago, Illinois, by William H. Mitchell and James C. Hutchins, Jr., members of two prominent Chicago banking families involved with the Illinois Bank & Trust. The firm's first officers were W. Edwin Stanley (president), Hutchins, J. Ogden Armour, Chauncey Keep, Charles Garfield King (vice presidents), Robert A. Gardner (treasurer), and Mitchell (secretary). Its first stockholders included John J. Mitchell, William Wrigley Jr., and Albert Lasker. In 1965, the company acquired D.B. Marron & Company, founded in 1959 by Donald Marron. In 1967, Marron was named president of the company. Under Marron, the firm's prominence grew significantly. In 1975, the firm was chosen as the best research firm on Wall Street by portfolio managers. In 1977, Mitchell Hutchins was acquired by Paine Webber. Paine Webber continued to u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Financial Services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Portfolio Manager A portfolio manager (PM) is a professional responsible for making investment decisions and carrying out investment activities on behalf of vested individuals or institutions. Clients invest their money into the PM's investment policy for future growth, such as a retirement fund, endowment fund, or education fund. PMs work with a team of analysts and researchers and are responsible for establishing an investment strategy, selecting appropriate investments, and allocating each investment properly towards an investment fund or asset management vehicle. Model In the 1950s, Harry Markowitz, an American economist, developed the modern portfolio theory. Jack Treynor (1961, 1962), William F. Sharpe (1964), John Lintner (1965) and Jan Mossin (1966) later build the Capital Asset Pricing Model (CAPM) on the theory of Markowitz. Nowadays, the CAPM is one of the primary portfolio management tools. The formula calculates the potential return percentage of an investment vehicle based on its vest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Former Investment Banks Of The United States A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Financial Services Companies Disestablished In 1977 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Financial Services Companies Established In 1919 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics), consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in Financial system, financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Share (finance), shares, Stock, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be Bank, banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are alway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Defunct Financial Services Companies Of The United States Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	The Bond Buyer ''The Bond Buyer'' is a century-old daily national trade newspaper based in New York City and focused on covering the municipal bond industry. It is published Monday through Friday, except holidays. The newspaper is printed on tabloid-sized paper and typically features three to four stories on the front page. The paper focuses on different regions of the United States each day and maintains news bureaus in Washington, D.C., Chicago, Florida, Atlanta, Dallas and San Francisco. The news organization maintains a website, which provides breaking-news updates throughout trading days as well as archives and statistics. The website, like the paper, is viewable to paid subscribers. Notes * The Milford Wind The Milford Wind Corridor Project, also called Milford Wind, is a 306 megawatt (MW) wind farm spanning Beaver and Millard County north of Milford, Utah. It became the state's largest wind facility when the first phase was completed in 20 ... Corridor Phase I project was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Brinson Partners Brinson Partners (later known as UBS Brinson) was an asset management firm focused on providing access for U.S. institutions to global markets. The firm was founded by noted investor Gary P. Brinson in the 1980s and established as an independent firm in 1989. Brinson was acquired by Swiss Bank Corporation in 1994 and became the core of the Swiss bank's asset management business in the U.S. The firm was headquartered in Chicago, Illinois and Swiss Bank Corporation's successor, UBS still maintains a significant asset management business there with former executives of Brinson Partners. History Early history at First Chicago Gary P. Brinson joined the trust department of First National Bank of Chicago as chief investment officer in 1979. By 1981, Brinson had assembled the team that would become First Chicago Advisors and later Brinson Partners. First Chicago Advisors became a separate money management company in 1983. Through the 1980s, Brinson established himself as a pioneer in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]