1899
Founder William J. Baxter, Sr., was born in Worcester, Massachusetts.
1922
William J. Baxter, Sr. graduates from Harvard Business School.
1924
William J. Baxter, Sr. founds the Baxter International Economic Research Bureau.
He founded this firm as a way to provide investors and businessmen with quality economic forecasting and advice. From an office located in the heart of the financial district in lower Manhattan, Baxter International Economic Research Bureau advised investors through major market and political events such as the speculative prosperity of the 1920's, the market crash in 1929 and the ensuing Great Depression, World War II and many more.
Late 1920’s & 1930’s
The Baxter International Economic Research Bureau provided economic data and advice to leading corporations of the day.
William J. Baxter Sr. also published one of his earliest books titled "Chain Store Distribution and Management," which has been cited in academic works over 70 years later.
Post-War 1940’s & 1950’s
William J. Baxter, Sr. publishes several well-known books on investing and the economy.
His engaging style and innovative, easy-to-understand approach to the subject of economics proved to be popular with readers.
Some titles of his books included:
- "How to Retire with Money...a program for your future"
- "How to Make Money while the Middle Classes are going broke"
- "Today's Revolution in Weather"
1957
William J. Baxter, Jr. joins his father’s firm upon graduating from Columbia University School of Business.
While attending university, William J. Baxter, Jr. studied under renowned professor Benjamin Graham, the "Father of Value Investing," co-author of Security Analysis and author of The Intelligent Investor.
1959
The Baxter International Economic Research Bureau becomes known as Baxter Bros., Inc., an SEC-registered investment advisory firm and starts doing business under the name Baxter Investment Management.
During the 1950’s, the firm began to move away from economic forecasting and focused instead on offering clients individualized portfolio & asset management services.
1989
William J. Baxter III joins Baxter Investment Management.
Before joining the family firm, William J. Baxter III worked at another firm as a Wall Street securities analyst for several years. Today, Bill serves as the firm’s President and Chief Portfolio Manager.
2002
John C Baxter joins Baxter Investment Management.
Before joining the family firm, John Baxter worked at UBS PaineWebber as a financial analyst in the Wall Street branch for several years. Today, John serves as the firm’s Principal and Chief Compliance Officer.
2024
Baxter Investment Management celebrates 100 years in business.