July 25, 2008
Home
About
Submit Press Release
PR Firms
Editors/Journalists
Search Archives
 
News Releases by Category  
News by Country  
News by MSA  
All News for Today  
Browse News by Day  
News by Trackbacks  
All Press Releases for April 28, 2008 Subscribe to this News Feed  
 

Rothschild Investment Corporation Celebrates 100th Anniversary

Download this press release as an Adobe PDF document.

Rothschild Investment Corporation (www.rothschildinv.com) today announced that 2008 marks the firm's 100th anniversary as an independent investment management firm. Founded the same year the Chicago Cubs last won the World Series, the firm has served generations of Chicago's entrepreneurs, professionals, families, retirement plans, endowment funds and foundations.

CHICAGO (Business Wire EON) April 28, 2008 -- Rothschild Investment Corporation (www.rothschildinv.com) today announced that 2008 marks the firms 100th anniversary as an independent investment management firm. Founded the same year the Chicago Cubs last won the World Series, the firm has served generations of Chicagos entrepreneurs, professionals, families, retirement plans, endowment funds and foundations.

To reach the 100-year mark as an independent money manager says a great deal for the partners who have guided this firm through its history. It says that they kept their eyes focused on their clients' needs first and foremost, weathering the many ups and downs of the markets over the past century and the many waves of consolidation that have taken place.
Originally founded by Monroe Rothschild and Samuel Karger, his brother-in-law, the firm was first called Rothschild & Co., with brokerage offices in Chicago and New York. Based on Samuels gritty conservatism, his aversion to risk and a commitment to personal customer service, Rothschild survived the 1929 stock market crash and ensuing depression.

News Image Richard Karger, grandson of the Rothschild co-founder, said, To reach the 100-year mark as an independent money manager says a great deal for the partners who have guided this firm through its history. It says that they kept their eyes focused on their clients needs first and foremost, weathering the many ups and downs of the markets over the past century and the many waves of consolidation that have taken place.

Today, Karger is the third generation of the founding family to run the company, now known as Rothschild Investment Corporation. Joining the firm in 1975 from Brown Brothers Harriman, he further aligned the interests of the firm with those of its clients, introducing the fee-based Investment Management Department, which he still runs today. Under Kargers leadership, the firm is known for its conservative, disciplined portfolio management.

While stock brokerage was its original activity, Rothschilds emphasis today is on investment management. Additionally, the company sees great growth in the area of 401ks and corporate retirement plans.

Rothschilds combination of independence and investment management expertise makes us ideally suited to advise on the creation of 401k and corporate retirement plans. Because we are independent, our clients can be confident that the investment vehicles and administrative platforms we select for their plans are based on their needs, not ours, adds Karger.

Rothschild will be commemorating the 100-year anniversary through 2008 with an advertising campaign and an as-yet unannounced philanthropic initiative focused on education.

About Rothschild Investment Corporation

Since 1908, Rothschild Investment Corporation has provided investment services to generations of Chicagos entrepreneurs, professionals, families, retirement plans, endowments and foundations. Independent for each of its 100 years, Rothschild tailors investment solutions to the unique needs of each client, avoiding conflicts of interest associated with proprietary products, securities inventorying, market-making and investment banking relationships. Rothschild has approximately $2 billion under management and supervision.

Trackback URL: http://www.prweb.com/pingpr.php/RW1wdC1GYWx1LUNvdXAtSG9yci1GYWx1LVplcm8=


Email this story to a colleague
Printer Friendly Version
Bookmark with del.icio.us
Bookmark with Y!MyWeb
Submit to Digg
Josh Inglis
Rothschild Investment Corporation
312-346-2000
Email us Here

There are no multimedia files attached to this release. If this is your release you may add images or other multimedia files through your login.

If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.
 
Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release.
Please do not contact PRWeb®. We will be unable to assist you with your inquiry.
PRWeb® disclaims any content contained in these releases. Our complete disclaimer appears here.

© Copyright 1997-2007, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Terms of Service | Privacy Policy | Copyright