NAIC 52393

Investment Advice

How the companies in this industry began, and the forces that shaped them.

57companies1783–2000founding years55still active1no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1975
TechnologyThe personal-computer era begins.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Bank of Ireland
Active · founded 1783 · Ireland
The Bank of Ireland is the oldest bank in Ireland.
FleetBoston Financial Corporation
Defunct · founded 1791
FleetBoston Financial Corporation is the eighth largest bank in the United States and the largest in New England, with…
CoreStates Financial Corp
Active · founded 1803
CoreStates Financial Corp is a major, Philadelphia-based regional bank holding company whose basic banking services are…
The Bank of Nova Scotia
Active · founded 1832 · Canada
The Bank of Nova Scotia, the second oldest bank in Canada, was the second largest Canadian bank in 2003 in term of…
Australia and New Zealand Banking Group Limited
Active · founded 1835 · Australia
Australia and New Zealand Banking Group Limited (ANZ) is the second largest of the "Big Four" banks in Australia,…
Midland Bank plc
Active · founded 1836 · United Kingdom
Midland Bank plc is one of the leading deposit banks in the United Kingdom.
The St. Paul Companies, Inc.
Active · founded 1853
The St.
Skandia Insurance Company, Ltd.
Active · founded 1855 · Sweden
Since its founding in 1855, Sweden's Skandia Insurance Company, Ltd.
Credit Suisse Group
Active · founded 1856 · Switzerland
Credit Suisse Group, which began as a commercial bank in 1856, at a time when Switzerland was first embracing the…
Bâloise-Holding
Renamed · founded 1863 · Switzerland
Bâloise-Holding is positioning itself as a leading European integrated financial services provider.
HSBC Holdings plc
Active · founded 1865 · United Kingdom
A significant force in international banking, HSBC Holdings plc (also referred to as the HSBC Group) operates in some…
HVB Group
Active · founded 1869 · Germany
Early 1920s:BV allies itself with Bayerische Handelsbank AG.
The Royal Bank of Canada
Active · founded 1869 · Canada
The Royal Bank of Canada is Canada's largest financial institution.
Comerica Incorporated
Active · founded 1871
Comerica Incorporated is a multi-state financial services company based in Detroit.
The Prudential Insurance Company of America
Active · founded 1873
The Prudential Insurance Company of America is one of the largest diversified financial institutions in the world and,…
Kansas City Southern Industries, Inc.
Active · founded 1887
Kansas City Southern Industries, Inc.
SunAmerica Inc.
Active · founded 1890
SunAmerica Inc., among the nation's largest life insurers, is also a financial services company, offering retirement…
Banco de Chile
Active · founded 1893 · Chile
Banco de Chile is the second largest private bank in Chile and the largest that remains under Chilean ownership.
The John Nuveen Company
Active · founded 1898
A longtime operator in the investment industry, The John Nuveen Company concentrates on the sponsorship, marketing, and…
American National Insurance Company
Active · founded 1905
American National Insurance Company is one of the 100 largest life insurance companies in the United States in terms of…
Lincoln National Corporation
Active · founded 1905
With origins in life insurance, Lincoln National Corporation has evolved into a financial services company whose…
Fifth Third Bancorp
Active · founded 1908
Based in Cincinnati, Ohio, Fifth Third Bancorp is a holding company that operates 12 banking affiliates, managed…
UBS AG
Active · founded 1912 · Switzerland
UBS AG was formed from the 1998 megamerger of Swiss Bank Corporation and Union Bank of Switzerland.
Nomura Securities Company, Limited
Active · founded 1925 · Japan
The Nomura Securities Company, the largest securities firm in Japan, has long been recognized as an industry pacesetter.
Torchmark Corporation
Active · founded 1929
Torchmark Corporation is an insurance and diversified financial services holding company.
Value Line, Inc.
Active · founded 1931
Value Line, Inc.
The Nikko Securities Company Limited
Active · founded 1944 · Japan
The Nikko Securities Company Limited is one of the largest securities companies in the world, and--along with Daiwa…
FMR Corp.
Active · founded 1946
Boston-based FMR Corp.
Fidelity Investments Inc.
Active · founded 1946
Fidelity Investments Inc.
T. Rowe Price Associates, Inc.
Active · founded 1950
T.
First Albany Companies Inc.
Active · founded 1953
First Albany Companies Inc., acting through its subsidiaries, conducts a full-service investment banking and brokerage…
The Toronto-Dominion Bank
Active · founded 1955 · Canada
The Toronto-Dominion Bank (commonly called TD Bank) ranks as Canada's second largest bank in terms of assets, trailing…
Donaldson, Lufkin & Jenrette, Inc.
Active · founded 1959
Donaldson, Lufkin & Jenrette, Inc.
Merrill Lynch & Co., Inc.
Active · founded 1959
Merrill Lynch & Co., Inc.
Canadian Imperial Bank of Commerce
Active · founded 1961 · Canada
The Canadian Imperial Bank of Commerce (CIBC) is Canada's third largest bank, trailing only Royal Bank of Canada and…
Smith Barney Inc.
Active · founded 1964
From its unprepossessing beginnings in Philadelphia more than a century ago, Smith Barney has grown into a financial…
Ryan Beck & Co., Inc.
Active · founded 1965
Ryan Beck & Co., Inc.
A.G. Edwards, Inc.
Active · founded 1967
A.G.
Instinet Corporation
Active · founded 1967
Instinet Corporation operates the largest of a number of privately owned electronic communications networks (ECNs) that…
Union Financière de France Banque SA
Active · founded 1968 · France
Union Financière de France Banque SA (UFF Banque) is an asset manager with a difference.
Franklin Resources, Inc.
Active · founded 1969
California-based Franklin Resources, Inc.
Hoenig Group Inc.
Active · founded 1970
Hoenig Group Inc., through its brokerage subsidiaries, provides global securities brokerage, marketing and distribution…
PaineWebber Group Inc.
Active · founded 1970
PaineWebber Group Inc.
The Charles Schwab Corporation
Active · founded 1974
The Charles Schwab Corporation, through its operating subsidiary Charles Schwab & Co., Inc., is the largest discount…
The Vanguard Group, Inc.
Active · founded 1974
The Vanguard Group, Inc.
Gabelli Asset Management Inc.
Active · founded 1976
Gabelli Asset Management Inc.
New Street Capital Inc.
Active · founded 1976
Since its incorporation in 1976, Drexel Burnham Lambert Incorporated (reorganized as New Street Capital Inc.), once a…
Eaton Vance Corporation
Active · founded 1981
The origins of Eaton Vance Corporation date to the activities of Charles F.
Shearson Lehman Brothers Holdings Inc.
Active · founded 1983
Shearson Lehman Brothers Holdings Inc.
Jardine Matheson Holdings Limited
Active · founded 1984 · Bermuda
Jardine Matheson is one of the oldest names in East Asia, and Jardine Matheson Holdings Limited is an international…
Banco Bilbao Vizcaya Argentaria S.A.
Active · founded 1988 · Spain
Banco Bilbao Vizcaya Argentaria S.A.
Bank Austria AG
Active · founded 1991 · Austria
With over one-fifth of the nation's banking business, Bank Austria AG is Austria's largest and most profitable banking…
Orkla A/S
Active · founded 1991 · Norway
Orkla A/S is the largest branded consumer goods group and food and beverage producer in Scandinavia and one of the five…
Oaktree Capital Management, LLC
Active · founded 1995
Oaktree Capital Management, LLC is an investment firm specializing in acquiring the bad debt of financially ailing…
Bank of Tokyo-Mitsubishi Ltd.
Active · founded 1996 · Japan
Bank of Tokyo-Mitsubishi Ltd., the world's largest bank, was formed in April 1996 from the merger of The Mitsubishi…
National Financial Partners Corp.
Active · founded 1998
National Financial Partners Corp.
Grupo Financiero Galicia S.A.
Active · founded 2000 · Argentina
Grupo Financiero Galicia S.A.
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