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Finance
We think the links below can be very helpful to you in your practice.
But Uncle Fed's Tax*Board makes no other representations about these sites.
Banks
1st Source
"With 1st Source Direct
the nearest banking center is as close as your personal computer 24 hours a day, 7 days a
week. 1st Source Direct is available for a basic fee of only $6.00* per month. This fee
includes 10 electronic bill payments. $.35 for each additional bill payment. * This fee
does not include your normal checking account service fees and will be charged to the
primary checking account associated with your Resource Plus Card."
21st Century Banking Alert
"21st Century Banking Alert® and BancMail® are e-mail services of Fried, Frank,
Harris, Shriver & Jacobson. 21st Century Banking Alert® highlights developments and
trends, including the growth of electronic banking and e-cash, that will shape the future
of banking."
ABA-American Bankers Association
"Financial and regulatory information for consumers, bankers and members of the
financial services industry."
American Banker
"An authority in banking and financial services information for more than 160 years.
The daily publication is read by senior banking and financial services executives as well
as consultants, lawyers, accountants and other professionals who serve the financial
industry. American Banker Online's Career Zone is a searchable job database and
comprehensive career site. With Career Zone you can look for the perfect job as defined by
industry, location, salary and job field. You can actively search for available positions
meeting your criteria or you can register with our Personal Search Agent and automatically
receive e-mail notification whenever a position is posted that meets your specific
criteria. And the service is completely FREE!"
Amarillo's National Bank
"Amarillo's National Bank is absolutely everywhere with 12 locations and 50 ATM's to
serve you. And now, we're at the touch of a button from your computer. By
"clicking" on the menu above, you have access to information on some of the many
products and services we offer. That's convenience. That's service."
American Savings Bank
"American Savings Bank is a $5.6 billion federal savings bank based in Honolulu,
Hawaii with 68 branches, including nine supermarket branches, and more than 130 automated
teller machines (ATMs) statewide. We are the third largest financial institution in the
state of Hawaii and employ more than 1,400 employees statewide. We are a subsidiary of
Hawaiian Electric Industries, Inc., a diversified holding company that delivers essential
services to the people of Hawaii."
Apollo Trust Company
"Apollo Trust Company is the only remaining independent community bank in the Kiski
Valley. Our ongoing commitment of customer service has put Apollo Trust at the forefront
of banking technology. Apollo Trust became the first bank in our market to introduce check imaging . Our pioneering advances in online
banking technology have brought home PC banking capability to our customers. In addition
to our breakthroughs in online banking technology, Apollo Trust Company was the area's
first internet access provider."
Bank of America
"The new Bank of America, created from the merger of BankAmerica and NationsBank, now
reaches from coast to coast. As the bank web sites come together, we'll be providing you
the appropriate information based on the state you select here. No matter which logo you
see, it's all available through the new Bank of America."
Bank One
"Find out about Bank One Corporation through our annual reports, career
opportunities, investor relations, press releases, community development projects and
more."
Bank United Corp
"Bank United Corp., headquartered in Houston, is a broad-based financial services
provider and is the largest publicly traded depository institution headquartered in Texas.
Bank United Corp. conducts its business through its wholly-owned subsidiary, Bank United,
a federally chartered savings bank. The company operates a 144-branch community banking
network in Texas, including 60 in the greater Houston area, 75 in the Dallas/Fort Worth
metroplex, 5 in Midland, and 2 each in Austin and San Antonio. In addition, the company
operates a commercial banking group with 19 regional offices in 16 states; 9 wholesale
mortgage origination offices; a mortgage servicing business; and a financial markets
business. As of July 27, 1999, Bank United Corp. had assets of $15.4 billion, deposits of
$7.2 billion, and stockholders' equity of $733 million."
Brown Brothers Harriman & Co.
"Brown Brothers Harriman & Co. is America's oldest and largest private bank.
Founded in 1818, the firm occupies a unique position in the world financial community.
Full banking offices are located in Boston, New York and Philadelphia. Other offices are
located in Charlotte, Chicago, Dallas, Jersey City, Los Angeles, Naples, Palm Beach,
London, Luxembourg, Dublin, Hong Kong, Tokyo, Zurich and Grand Cayman."
Cal Fed
"Like all worthy institutions, Cal Fed is built on long-standing traditions of
security, reliability, and excellent service. From over 100 years ago when the first
branch opened its doors in San Francisco to over 350 branches in two states (California
and Nevada), Cal Fed has remained the solid, trustworthy foundation of California
banking."
Central Bank
"We Are The Right Choice. We have convenient locations throughout the Boston area. We
offer a full range of products and
services for consumers and businesses. Review our current rates.
Central Pacific Bank
"We're dedicated to helping businesses like yours, grow and prosper.That's why we've
prioritized our Business Programs to offer an extensive menu of services to fit a variety
of needs - whether you're a fledgling proprietorship or an established company. 1999 marks
our forty-fifth year of serving the people of Hawaii."
Centura
"Centura has total assets of more than $8.2 billion. Centura has more than 210
offices and more than 200 ATMs in North Carolina, South Carolina, and Virginia. Ranked in
the top 75 largest banks in the U.S. by American Banker, out of more than 10,000 banks.
First North Carolina bank and one of the first in the nation to offer online banking and
bill payment through Quicken and Microsoft Money.
Chase Manhattan
"Chase Manhattan Corporation provides financial services to consumers, corporations
and small businesses. Online and investment banking, mortgages, credit cards, loans and
investments."
Citibank
"When you join Citibank, you become part of a powerful and diverse global financial
services organization. No other bank is in as many businesses or locations as
Citibank. No other bank has the number and diversity of customers as Citibank.
From sovereign lending to credit cards; branch banking to corporate cash management
Citibank has a global
presence in 100 countries and is recognized around the world as the brand name in
financial services. Citicorp is the corporate holding company for all of our activities.
Some are organized as Citibank subsidiaries; others are organized under Citicorpsuch
as our securities, insurance, real estate and Diners Club businesses. To access Citibank's
Annual Report and other financial information, click here."
Colonial
"What's the Colonial Connection? It's paying bills by telephone, not checks
and stamps. It's a friendly
voice when you need help. It's getting a good night's sleep after using PC Banking to see if a
check cleared. It's visiting your local Colonial Office
for a cup of coffee and some answers. It's knowing you can order dessert for your date,
pay with your Check Card,
and never worry if you've got enough cash. It's the difference between a bank forcing
technology on you to make its job easier and having the technology available to make your
life easier."
Colorado Credit Union Center
"The media has lately given much attention to year 2000 computer issues. Credit
unions in Colorado and Wyoming have made it a top priority to ensure that all systems will
be ready for the 2000. Because of the essential role they play in members' lives and
the general economy, credit unions are closely regulated for safety and soundness - and
year 2000 issues are no exception."
Commerce Bank
"Commerce Bank is a Midwestern United States based commercial and retail banking
company
with approximately $10 billion in assets."
Compass Bank
"Information from Compass Web, Compass Bank's corporate web site. Compass Bank is a
regional bank with offices in Texas, Alabama and Florida."
Credit Union Home Page
"This site is sponsored by the Florida Credit Union League, Inc., a
not-for-profit trade association for Florida Credit Unions."
CyberInvest.com
"Offers 23 free guides to the best investing resources on the Web, plus articles on
online banking, choosing an online broker, and others."
D&N Bank
"D&N Bank (D&N), headquartered in Hancock, Michigan, is one of the largest
savings banks in Michigan, with nearly $2 billion in assets. We have been part of
Michigan's financial community for over 100 years. D & N has 54
Financial Services Offices located
throughout Michigan. We are pleased to offer our services in eight states."
Enterprise Bank
"Enterprise Bank was founded in 1988 and we are very proud of the Reputation that the
Bank has developed. From inception, breakthrough service has been one of our principal
objectives, and it goes a long way toward explaining why Enterprise Bank has become one of
the fastest growing banking organizations in Missouri history. Once an Enterprise customer
experiences our level of service, we have little to fear from other banks which would
attempt to gain their business."
First Citizens Bank
"We are committed to: A customer-driven approach to all aspects of our business. The
cultivation of business relationships with our customers. The most efficient delivery
networks for customer needs. Respect for the individuals we serve and employ. Maintaining
our position of safety and soundness. Operating profitably. Becoming the best bank in the
markets we serve."
First Hawaiian Bank
"How First Hawaiian Protects your Privacy. Concern for customer confidentiality and
privacy has been a hallmark of banking for centuries. At First Hawaiian, our employees
treat the information we have concerning your accounts in the same responsible,
confidential way that we want our own financial affairs treated."
First Union
"Products and Services section, Quick, straightforward information about the products
and services offered by First Union. You can even apply online for many of our offered
products. Financial Planning Guide section News, articles, tools and objective advice to
help you manage your financial life. Get quick stock quotes, charts, and market diaries in
one convenient area."
Franklin Bank
"Metropolitan Detroit's premier bank for small and medium sized businesses."
Georgia State Bank
"We are a community oriented bank which takes great pride in serving your banking
needs. Our customers are our FIRST priority, and we strive to give you the BEST in
personalized banking service. Getting to know us is getting to know community banking at
its best. To better serve you, Georgia State Bank now provides account creation, branch locations, and account information."
Grand Bank
"From the beginning we designed Grand Bank as a true personal service bank. We
replaced tellers with client service officers who can handle virtually all of your banking
needs, from opening a new investment account to advancing or repaying a line of credit. On
those rare occasions when our client service officers are busy, you can relax with a cup
of coffee in a comfortable chair with today's Wall Street Journal. We also eliminated loan
committees. Instead, our on-site management team has the authority to make prompt loan
decisions. Since we don't have an out-of-town headquarters, you'll never wait for
"out-of-town" decisions. We're here with the answers when you need them."
National City
"National City offers a range of financial services for individuals, businesses and
investors. Apply for loans, credit cards and jobs; access calculators; gather investment
info and more."
Presidential
"Presidential Online Bank is a division of Presidential Savings Bank, Bethesda,
Maryland. Presidential Online Bank was established to become the vehicle of Presidential's
future growth though Internet banking. Prior to the development of the Internet,
Presidential followed a strategy of limited branching, building smaller, lower cost
branches, in high density locations to reduce the number of branches required."
Regions Bank
"Learn more about Regions Financial Corporation - our present, our past and our
future. This section features messages from key Regions executives as well as information
about recent acquisitions. Get the latest information about our stock and find out how you
can invest in one of the strongest banking companies in America."
Republic Bank & Trust
"Neighborhood Kentucky Banking" - for Kentucky owned Republic Bank & Trust
Company, that philosophy has been the driving force in a story of growth and success.
Today, we are a commercial bank with 19 banking centers in 7 communities, over $1.2
billion in assets and over $102 million in capital. Our growth in Kentucky can be credited
to several key factors: local individuals manage and staff our community banks; local
boards of advisory directors are appointed to assist with planning and development; the
bank is positioned to meet community needs; we provide clients with innovative products
and services; and we are Kentucky owned & proud of it!"
Salem Five
"Sure, some of our customers still want to bank around the corner, with personal
service and friendly tellers who know them by name. But to a new generation of customers,
that's no longer enough! They demand access to banking services wherever, whenever, and
however they please. Whichever type of customer you are, Salem Five exists to meet your
needs. On this web-site, for example, you can learn all about our products and services.
You can print new account applications at your printer and in most cases submit them
electronically. You can use email to request
order forms and other information. And there are interactive calculators to help
you calculate payment schedules, set savings goals, and gain greater control over your
finances."
UPOnline
"Ready to try our secure Internet banking service? Its safe, easy to use and as
close as your computer. Learn more about
UPOnline. Sign up today
and find out why thousands are banking from home. Get bill payment with UPOnline
free."
Web Zone Com
"We at Great Midwest Bank are working to provide you with a variety of Banking
Services and Investment Choices."
Woodrow Minneapolis FRB
"Woodrow, the Web site of the Federal Reserve Bank of Minneapolis, compiles economic
and banking information pertinent to the Ninth Federal Reserve District and the nation.
Complete texts of speeches, articles, reports and other research are available here."
Banking & Finance
Bank Rate Monitor
"Where you can search for the lowest mortgage rates, best credit cards, auto loans,
home equity, savings products, or any banking need."
Finance Student's Web
World
"Financial management web sites grouped to correspond with the major topic headings
in Fundamentals of Financial Management, 10th ed., Prentice-Hall (1998) by James Van Horne
& John Wachowicz, Jr."
Financenter
"Provides services for those people who need help with personal finances. Try using
one of our many financial calculators to test different life scenarios. Then use one of
our service providers to receive financial related services."
Finance Tools
"Personal Finance and Financial Planning - chat, message center, tools, articles,
free software, professional tips and advice"
The Financial Center
"TFC.com is the Home of Wall Street's Market Mavens. Managed by Pinson
Communications, e-mail pinson@tfc.com (727) 799-6138. Discover stocks, bonds, mutuals,
finance, investing, and more."
Financial Planning Interactive
"The Internet home of Financial Planning magazine and the preeminent place on the Web
for financial planners and investment advisers to interact."
FMS-Financial Managers Society
"The only not-for-profit professional society serving the technical and professional
needs of today's bank, thrift and credit union financial officer exclusively."
Internet Banking Index
"This Page contains companies that offer technological products for Banking and
Finance. This Page list sites that contain Banking and Financial Employment Links. A list
of Securities related Pages on the WWW. Lists are in alphabetical order with
descriptions."
Lehman Research
"Founded in 1850, a global investment bank serving the financial needs of
corporations, institutions, governments and high net worth investors around the world.
Follow this link for more on our company philosophy and history."
Merrill Lynch
"The basic business of Merrill Lynch is to devise customized solutions for each
client's financial needs. We are committed to helping clients define goals, solve problems
and execute long-term strategies. This is the focus of all our research, advisory,
underwriting and execution activities."
Morgan Stanley
"A preeminent global financial services firm that maintains leading market positions
in each of its businesses: Securities, Asset Management and Credit Services. The company
combines leadership in investment banking (including underwriting public offerings of
securities and mergers and acquisitions advice) and institutional sales and trading, with
strengths in providing investment and global asset management services as well as quality
consumer credit products."
Paine Webber
"Paine Webber is a preeminent, full-service securities firm, committed to using its
formidable expertise and resources on behalf of our individual, capital markets and
corporate client."
SG Cowen
"Founded in 1918, is a privately held research, securities, investment banking,
trading, asset management, and private client services firm headquartered in New York
City."
Yahoo Finance
"Yahoo's thorough list of links and resources."
Credit Cards
The American Museum of Natural History
Visa Credit Cards
"For every new account that is opened and every purchase made with the card, MBNA
America® Bank will make a contribution to the American Museum of Natural
Historyat no additional cost to you. No Annual Fee. Credit Line up to $100,000 with
the Platinum Plus card. Introductory 3.9% Annual Percentage Rate (APR) on
Cash Advance Checks and Balance Transfers. Platinum Plus Service 24 hours a
day. Free year-end Summary of Charges available upon request itemizing all Platinum
Plus card activity."
American Express
"Here is where you can learn about the company, its cards and the services and
benefits that you get as a member. Yes, you can apply online for a card."
Card Web
"The Payment Card Information Network - Credit Cards, Charge Cards, Debit Cards,
Smart Cards, Cash Cards, ATM Cards, Stored Value Cards, Loyalty Cards, Phone Cards."
Credit Card Menu
"The Credit Card Menu is a resource for consumers looking to apply for a credit card
on-line. It allows visitors to choose the card that best matches their requirements by
providing a search tool, an interactive financial calculator and answers to the most
frequently asked questions about credit cards."
Credit Card Network, USA
"Information on credit cards, credit card applications, and card issuers. We maintain
a current list of credit card offers, and host a bulletin board and chat area for the
discussion of credit related matters"
Discover Card
"To apply for the Discover Platinum Card or the Discover Card, you must be 18 years
of age and you must be a U.S. citizen or a permanent U.S. resident. To qualify for a
College Student Application, you must be a full-time student currently enrolled at a
four-year university."
Finance Center Compares
Cards
"Information on credit cards, credit card applications, and card issuers. We maintain
a current list of credit card offers, and host a bulletin board and chat area for the
discussion of credit related matters. Learn how to find the best credit card for you and
how to manage credit card debt. Check 'click deals' for some of the best credit cards
available nationwide."
MasterCard/Cirrus ATM Locator
"With more than 463,000 ATMs worldwide, including at the world's top international
airports, you are never far from a MasterCard/Cirrus ATM."
The Nature Conservancy MasterCard Credit
Cards
"For every new account that is opened and every purchase made with the card, MBNA
America® Bank will make a contribution to the Nature Conservancyat no
additional cost to you. No Annual Fee. Introductory 3.9% Annual Percentage Rate
(APR) on Cash Advance Checks and Balance Transfers."
Higher Education Loans
Academic
Scholarship Services
"Academic Scholarship Services is a service of Quest Funding. For over five years
Academic Scholarship Services has helped students find financial aid for continuing
education. Our guaranteed service has helped thousands of students from countries all over
the world fund their education. We invite you to let us find the financial aid that you
have already qualified for by using Academic Scholarship Services!"
AJR News Link
"AJR's Awards, Grants and Scholarships special section is published each year in the
October issue. Many of the competitions are annual events; if the deadline has passed,
you're encouraged to prepare for next year."
Art Deadlines List
"A monthly newsletter providing information about juried exhibitions and
competitions, call for entries/proposals/papers, poetry & other writing contests,
jobs, internships, scholarships, residencies, fellowships, casting calls, auditions,
tryouts, grants, festivals, funding, financial aid, and other opportunities for artists,
art educators, and art students of all ages. Some events take place on the Internet."
College
Board
"Here you can locate scholarships, loans, internships, and other financial aid
programs from non-college sources that match your education level, talents, and
background. Complete the profile form and Scholarship Search will find potential
scholarship opportunities from a database of 3,400 programs, over one million awards in
all!"
College Cash
"Get into the best college. Get financial aid. Get a part time job in school. Earn
money from home or the dorm. Land a life long career after graduation. An effective search
for financial aid can take time. Find a date on campus. We reduce the time you will spend
searching the internet by organizing it all here."
College Net
"CollegeNET is the complete online guide to colleges, universities, graduate programs
and financial aid. With CollegeNET you can find the perfect college for you with the
college search engine, apply to that college online, then get the funds to pay for college
using the scholarship search service and directory. In addition, we provide many links to
useful resources and advice to prospective students."
College is Possible
"America's colleges and universities have come together to provide the latest, best
information on preparing for college, choosing the right college, and paying for college.
With the right help and preparation, College is Possible."
College Quest
"Search Peterson's database of more than 850,000 college scholarships, awards,
grants, and prizes. Register for CollegeQuest and begin your search today."
College Savings
"[We believe] that more and more responsibility will fall on the families of our
nation to pay for college costs. The American people want the opportunity to replace debt
with savings and the states are delivering the dream. This web page is designed to link
you to your state's program and provide information about the association serving the
state college savings plans."
College Scholarships
"New scholarships are posted monthly. This free quality information includes all of
the details you need to apply now, including eligibility requirements, deadline, amount,
contact name, address, phone number and web-site of the scholarship sponsor."
College View
"Do your college search using CollegeView® College Search. We're pleased to offer
hundreds of virtual tours, financial aid and scholarship information, college search with
profiles of over 3,800 colleges and universities, college-related books and articles, Ask
the Experts with professional guidance counselors, and searchable archives, career
counseling and career planning tools, and register to win one of five $1,000 scholarship
prizes, plus much more."
Education Works
"Quality Scholarship Searches for USA Students: We search among the private sector's
financial aid offerings to match scholarships with the individuals who are eligible to
apply for them. We offer a FREE preliminary assessment, and online searches are available
for only $15. Chinook College Funding Service, online since '93."
eStudentLoan.com
"Welcome to eStudentLoan - home of the alternative student loan finder - where you
can learn about financial aid, search for the lowest student loan rates, compare lenders,
shop for loans, and apply on-line"
FastWeb
Student Services
"In 1995, an idea was born: use the Internet to help students find scholarships for
college. Match each student's background, automatically, with eligibility requirements for
scholarships from around the country and advise them about scholarship opportunities
tailored to them. All for free."
FinAid.org
"Loans: Don't know a PLUS from a Perkins? Don't worry - this section helps you find
the loan that's right for you. Scholarships: Thousands exist, but which are you eligible
for? Find the answer here (plus important info about scams). Military Aid: It's not just a
job; it's money for your future. From ROTC to aid for veterans, find help here. Other
Types of Aid: Find everything from grants to grad school funds."
gocollege.com
"The Scholarship search and the SAT/ACT practice tests are completely free. Check
them out! The only reliable web-based scholarship search featured on ABC's 20/20 on May 7,
1999. Now the complete database is FREE: over 500,000 scholarships.... over $1
billion!"
Indiana Career and Post-Secondary
Advancement Center
"ICPAC operates a toll-free telephone Hotline staffed by information
specialists who can answer questions and provide resources on education and career
options. ICPAC is located on the Indiana University
Bloomington Campus in the Center for Innovation in Assessment. ICPAC also partners with several statewide
programs."
InsideGuide.com
"Offers an insider's perspective on college life, providing students with an
independent forum for expressing their unique points of view on everything."
Minority Scholarships
"This search service provides information about scholarship opportunities for
qualified minority applicants. A complete scholarship database is available on the
WebPages of the Scholarship Resource Network."
Michigan Dept of Education
"Grants, State Aid & Financial Assistance. The Michigan Department of Education
(MDE) has set up several electronic mailing lists (Listservs) to assist in communication
with the public. These mailing lists will help MDE keep you informed of the latest news
about Education in Michigan. Unless noted otherwise, lists are open to the public."
Power Students
"Power Students is the #1 destination to maximize your student experience. Win cool
prizes, learn secrets to get into and pay for college and grad school, find your dream
job, peek into the diaries of real students, share your thoughts on today's headlines, and
meet new friends."
Pratt Funds &
Scholarships
"This gives you an idea of the specific types that are out there (e.g. art students
studying abroad)."
Sallie Mae Scholarships
"Welcome to Sallie Mae's free Online Scholarship Service. This service gives students
exclusive Internet access to CASHE® (College Aid Sources for Higher
Education), one of the industry's most respected and comprehensive sources of financial
aid resources for college. This valuable, time-saving tool can assist students and their
parents who are seeking ways to help finance a college education."
Southwest Student Services Corporation
"Free scholarship search and financial aid information."
Scout USA
"Sports Recruiting and College Scholarship Service."
SuperCollege.com
"Harvard graduates reveal exclusive secrets, tips, and strategies to help students
get into and pay for the college of their dreams. SuperCollege.com provides students and
educators with free newsletters, a $1000 scholarship, a Q&A column, and more."
Tulsa University's
Financial Aid and Scholarships
"Listed here are links to several scholarship, grant, and fellowship opportunities
provided by both public and private institutions that have recently been received by the
office of Student Financial Services. These listings contain all necessary information for
applying for the scholarships, as well as detailed information regarding eligibility. If
you have any more questions regarding these listings, or to obtain a copy of any necessary
applications or forms, stop by the Student Financial Services office, Lorton Hall 210, or
call 631-2526. We are open 8a.m.-5p.m. Monday-Friday."
US Dept of Education Funding
Opportunities
"What Should I Know
About ED Grants -- offers a non-technical summary of ED's discretionary grants
process (application, review, award, administration, grant closeout, and audit) and the
laws and regulations that govern the process. Discretionary
Grant Application Packages -- lists grant competitions that are currently open and
provides links to downloadable application packages, forms, and other information you'll
need to apply."
$45 Scholarship & Grant
Matching Service
"We provide scholarships and grants matching service. Our computer database contains
more than 300,000 privately funded sources of financial aid and scholarships. Our computer
sifts through these financial aid sources and match you with your unique circumstances.
You are eligible for this financial aid if you are currently attending or plan to attend a
college or university in the U.S."
Finance Databases
Internet Finance Resources
This is a great site because it constantly screens and finds new financial site on the
Internet.
CARL UnCover
"CARL UnCover has references and tables of contents to over 10,000 journals in
numerous disciplines. You can use UnCover to locate, order and receive articles via fax,
and charge article cost to your MasterCard or VISA account. UnCover is especially useful
for browsing and for identifying recent articles--over 1,000,000 articles published since
Fall 1988 are already in the database and descriptions of 2000 to 3000 newly published
articles are generated daily. UnCover is made available and supported by CARL Systems
Inc., a marketing and support organization of the Colorado Alliance of Research
Libraries."
Economics Network
Web site compiled by Ed Yardini, Chief Economist of Deutsche Morgan Grenfell in New York .
Access the online chart rooms, collections of charts, economic indicators, weekly economic
analysis and briefing, topical studies and monetary and fiscal policies. Most charts are
read through Adobe Acrobat.
Efficient Frontier
"An Online Journal of Practical Asset Allocation" Edited by William J. Bernstein
The Intelligent Asset
Allocator
"Portfolio Theory for the Small Investor" by William J. Bernstein
Resources for
Economists
"This guide, sponsored by the American Economic
Association, lists more than 900 resources on the Internet of interest to academic and
practicing economists, and those interested in economics. Almost all resources are also
described. In selecting these resources, we exercise some editorial judgment and select
items that either offer a substantial amount of information, or are specialized to a
specific area. A particularly good place to look for a broader array of business and
economic resources is WebEc."
Web Finance Online
"Asset Allocation."
Venture Capital Firms
A-1 Finance
"Available: Excellent wealthy entrepreneurs looking to back promising start up
companies. Prefer companies with some existing cash flow. Especially interested in
software and internet companies. Send us your business plan to 800 Silverado St. Suite 315
La Jolla, Calif. 92037. Desired: Additional investors. Excellent deal flow because of our
contact base."
Accel Partners
"A venture capital firm dedicated to helping outstanding entrepreneurs build
world-class technology companies. In order to meet this challenge with a "prepared
mind," we focus the investment of over $1.3 billion under management in just two
areas: Communications and Internet / Intranet."
Advanced Technology Ventures
"A leading venture capital firm focused on early- stage opportunities in the
information technology and health care markets offering emerging companies an unparalleled
breadth and depth of industry, market, operational and technical expertise. Since 1979,
ATV's combination of management experience, world-class technical talent, extensive global
network, and international reach has helped more than 100 emerging companies develop
winning strategies."
Allied Capital
"(Nasdaq: ALLC) specializes in providing financing to growing businesses. Since 1958,
Allied Capital has financed thousands of businesses nationwide in an extensive variety of
industries. Allied Capital is unique in that it creatively structures investments to meet
the needs of each individual borrower and business, and is committed to servicing to
maturity the majority of the loans it originates."
Altos Ventures
"Take a long-term view of our investments. We work with companies early in
their lives, often before most venture firms are willing to become involved. We
appreciate the energy that drives an early stage company. Like the entrepreneur, we
enjoy the challenge of starting with very little, to build a lasting company."
Banc of America
Securities LLC
"(BAS), a subsidiary of Banc of America Corporation, is a full service investment
bank and brokerage firm with approximately $900 million in regulatory capital. The company
provides research, trading and issuance in the equity and fixed income markets (high
yield, emerging markets, high grade and mortgage-backed markets). Other services include
M&A advisory, financial buyer coverage, loan syndication, global investment banking,
real estate finance, mortgage finance, money markets and the primary dealer."
BancBoston Capital
"The private equity investment arm of BancBoston, focuses on providing a wide range
of later stage capital options from equity sponsorship to co-investment and mezzanine
capital for buyouts, recapitalizations, and expansion of mid-sized companies."
Bankers Trust
"This is to announce the integration of Bankers Trust and its affiliated companies
into Deutsche Bank, forming a new global leader in financial services. Through its global
reach Deutsche Bank will provide leadership through custom solutions. For your convenience
we will continue to provide our on-line services through our existing sites until we fully
integrate our technology. Look for continuing updates during our transition phase both on
this site, as well as on the Deutsche Bank home page at www.deutsche-bank.com."
Bear, Steams & Co. Inc
"A leading worldwide investment banking and securities trading and brokerage firm, is
the major subsidiary of The Bear Stearns Companies Inc. Corporations, governments,
institutions and individuals all over the world recognize Bear Stearns capabilities in
corporate finance, mergers and acquisitions, equity and fixed income sales and trading,
private client services, derivatives, securities research, asset management, foreign
exchange, futures sales and trading, clearing and securities lending and custody."
Battery Ventures
"A national venture capital firm that specializes in high potential technology
investments in the communications, software and internet/e-commerce markets. Founded in
1983, Battery Ventures manages six venture capital funds with $800 million of
capital."
Bay Partners
"Plans on building high value companies that provide exceptional returns to both our
investors and entrepreneurs. To do so, we find, fund, and support those entrepreneurs who
have the best chance for success in todays intensely competitive world. We believe
the key to building great companies is to create strong alignment between the interests of
the investors and those of the entrepreneur."
Bessemer Venture Partners
"A private venture capital firm that invests in entrepreneurial companies at any
stage. With over 100 years of collective venture capital experience, BVP investors
have assisted with virtually every aspect of growing successful enterprises. Although our
typical investment is between $1 million and $5 million, we also invest smaller amounts in
promising "seed" companies."
Boston Capital Ventures
"Plans to invest in technology services and software and telecommunications companies
with whom the general partners can leverage their industry and operating experience to
generate above-average returns to investors. The companies BCV generally invests in
require between $2 to $7 million in capital as well as experienced, professional strategic
guidance. This segment is increasingly under served by the majority of established venture
capital firms, most of whom require minimum investments of $10 million."
Brentwood Venture Capital
"A private venture investment firm with offices in Menlo Park, Los Angeles and Orange
County. We invest equity capital in start-up, early stage and emerging growth companies.
Our mission is to select, support and facilitate the success of tomorrow's most innovative
high-technology firms. Built on a solid capital foundation of $400 million of invested
capital, we have provided financial and strategic support to over 300 entrepreneurial
companies during the last 25 years."
BT Alex. Brown
Now part of Bankers Trust. "Alex. Brown's skills in equity underwriting, research and
distribution, based on its industry-focused approach, combine precisely with the proven
high-yield bond and leveraged loan expertise of Bankers Trust. Alex. Brown's merger and
acquisition advisory capabilities, which leverage its industry knowledge, complement
Bankers Trust's existing strengths in risk management advisory services and BT
Wolfensohn's expertise in global M & A."
Capital Access Partners
"A group of venture capital professionals who specialize in providing advisory
services and obtaining expansion capital for early stage firms. Our industry focus
includes Communications & Electronics, Computer Systems & Products, Multimedia
Technologies, Internet Related Products, and Medical Systems. The profile for the
typical investment candidate has the following attributes, revenues under US $10 million,
profitable on a monthly basis within one year of capitalization, ownership of unique
technology, capital needs of US $1.5 to $5 million, and a comprehensive business
plan."
Carlyle Group, The
"A private global investment firm, based in Washington, D.C., which originates,
structures and acts as lead equity investor in management-led buyouts, strategic minority
equity investments, equity private placements, consolidations and build-ups, and growth
capital financing. Formed in 1987, The Carlyle Group has invested over $2.5 billion of
equity in 95 transactions. These transactions have an aggregate acquisition value of over
$10 billion. The annualized return on these investments is in excess of 32%."
CCG Venture Partners
"A private investment venture capital firm that specializes in two areas: Roll-Outs
and the Executive Excellence Program. Please read on to find out more about our committed
team, strategic beliefs and long-term goals. CCG pays a $10,000 finder's fee for a
qualifying Roll-Out concept with which we choose to partner. Please see our criteria in
Roll-Outs."
Commonwealth Capital Ventures
"Actively invests venture capital/private equity in technology, healthcare, and other
high-growth opportunities in New England. We manage $145 million of committed capital with
the objective of creating superior, long-term capital appreciation for our
investors."
Deutsche Morgan Grenfell
"Aims to provide its clients with sophisticated and innovative financial solutions to
their business requirements, delivering top quality products and services. The Banks
unrivalled balance sheet and market leader position in capital markets and corporate
advisory combine to keep GCI at the leading edge of a wide range of markets."
Dominion Ventures, Inc.
"Invests both subordinated debt and equity in companies that have proven a business
model or concept, are moving strongly towards profitability and are seeking capital to
aggressively expand. Dominion seeks subordinated debt and equity investment opportunities
from $3 million to $10 million."
Donaldson, Lufkin & Jenrette
"A leading integrated investment and merchant bank serving institutional, corporate,
government and individual clients. DLJ's businesses include securities underwriting; sales
and trading; investment and merchant banking; financial advisory services; investment
research; venture capital; correspondent brokerage services; online, interactive brokerage
services; and asset management."
El Dorado Ventures
"El Dorado Ventures (EDV) is a private venture capital partnership that invests
primarily in early-stage, technology-based companies located on the West Coast. With a
particular focus on information technologies, the general partners have helped
entrepreneurs turn startup ventures into companies of lasting value for two decades."
Fairfax Partners II
"Based in Northern Virginia, the high tech growth engine of the "Silicon
Dominion", Fairfax Partners specializes in identifying and developing technologies
with large market, commercial opportunities. By partnering with key research universities,
national laboratories, and strategic corporate alliances, Fairfax Partners identifies and
targets technology development and other business opportunities not typically exploited by
other venture capital investors. In addition to creating deals for its own account,
on a consulting basis Fairfax Partners provides business planning, merger and acquisition,
technology transfer and licensing, and interim / crisis management services for
entrepreneurs, middle market companies, and other investors."
Fidelity
"We help you invest responsibly. Now enjoy access to research, IPOs and other
investment products via Fidelity's strategic alliance with Lehman Brothers."
Geo Capital Partners
"Industry focus in information technology. $500 million under management across North
America and Europe. Founded in 1984. Minority investors. Geo is often the first
institutional investor. Typically invest in rapidly growing companies with revenue between
$2 million and $40 million. Initial investment size ranges from $5 million to $20 million
IPOs include: AutoWeb (NASDAQ: AWEB) Expert Software (NASDAQ: XPRT) Logic Works (NASDAQ:
LGWX) MemberWorks (NASDAQ: MBRS) Milkyway Networks (TSE: MKY) Netcom (NASDAQ: NETC) SeaMED
(NASDAQ: SEMD) World Access (NASDAQ: WAXS)"
Goldman Sachs
"A leader in virtually every field of investment, finance and research as well as
mergers and acquisitions. Our activities are conducted within the framework of our Business Principles, which
emphasize commitment to clients, excellence in service, teamwork, integrity and
creativity."
Hambrecht & Quist
"H&Q has enjoyed three decades of identifying emerging-growth opportunities.
Among the corporate clients H&Q has introduced and sponsored in the investment
community are industry leaders such as: Adobe Systems, ADVANTA, Apple Computer, Biogen
Dreyer's Grand Ice Cream, Genentech, Heart Technology, IDB Communications, Informix, Lam
Research Corporation, Linear Technology, LSI Logic, Mariner Health Group, Network
Solutions, Robert Mondavi, Netscape, Novellus Systems, Inc., Octel, Parametric Technology,
Quantum, Read-Rite, Solectron, Sybase, SynOptics/Bay Networks, U.S. Robotics, USWeb,
Ventritex, VLSI Technology."
Harris & Harris Group
"As a venture capital company, the Company invests in and provides managerial
assistance to its private investment companies which, in its opinion, have significant
potential for growth. There is no assurance that the Company's investment objective will
be achieved. The Company's investments are high risk in nature, and therefore Harris &
Harris Group's stock is not suitable for investors unless they are able to evaluate and
bear such risk. Portfolio: Alliance Pharmaceutical Corp., Exponential Business Development
Company, Genomica Corporation, InSite Marketing Technology, Inc., Kriton Medical, Inc.,
MedLogic Global Corporation, Nanophase Technologies Corporation, NeuroMetrix, Inc., PHZ
Capital Partners Limited Partnership, Questech Corporation, SciQuest, Inc."
Hummer Winblad Venture Partners
"Our longstanding commitment to software-based investments serves you, the
entrepreneur, in two essential ways. Not only are we eager to share the experience,
understanding, and relationships we have gained from over ten years of successful
investing in this industry, but we are uniquely prepared to help you maximize the
limitless opportunities of the new software economy."
IDG Ventures
"An early-stage venture capital firm created by International Data Group (IDG), the
world's leading producer of newspapers, magazines, books, conferences, and research on
computers and information technology. IDG Ventures brings unique experience, perspective,
and resources to the start-ups it invests in. Portfolio: Andromedia, Aurigin, BabyCenter,
Career Central, Digital Persona, Digital Chef Excite, F5 Networks, FutureTense, Infoseek,
Magnifi, Next Planet Over, Netscape, Point.com, PlanSoft, ServiceMetrics, Spinner.com,
Stagecast, VA Linux Systems, Virtual Ink"
Lehman Brothers
"Founded in 1850, a global investment bank serving the financial needs of
corporations, institutions, governments and high net worth investors around the world.
Follow this link for more on our company philosophy and history."
Levy Trajman Management Investment Inc.
"Offering qualified investors the opportunity to become part of this investment
portfolio by purchasing limited partnership units in its LTMI Fund. The fund will invest
in up to eight hi-tech companies in fast growth global markets, with a 10% minimum initial
equity position. The $35 million traditional US limited partnership, with a parallel
off-shore vehicle for non-US investors, has a goal of returning a 25 percent annualized
rate of return to the limited partners."
Morgan Stanley Venture Partners
"When we invest in a company, we do whatever possible to assist that company in
meeting its growth objectives. We frequently help our companies identify acquisition
targets, analyze new markets, recruit top talent, build a solid customer base, and access
Morgan Stanley Dean Witter's network of business and financial contacts. Since 1985, we
have managed over $550 million of equity capital commitments and invested in more than 85
companies. Our most recent fund, Morgan Stanley Venture Partners III is capitalized at
$275 million."
Oak Investment Partners
"Organized eight venture capital partnerships with total committed capital of $1.6
Billion. Oak has sponsored over 250 companies with aggregate annual revenues in excess of
$54 billion. Past investment successes include such leading companies as Actel, Cephalon,
Compaq Computer, Filene's Basement, Genzyme, HBO & Co., Network Equipment Technology,
Octel, OfficeDepot, Parametric Technology, PETsMART, PictureTel, Seagate, Stratus,
SanDisk, Sybase, Synopsys, Ungerman-Bass, Wellfleet and WholeFoods."
Olympic Ventures
"A venture capital firm in the Pacific Northwest, and the only firm with offices in
both Oregon and Washington. Committed capital under management totals over $160 million,
sourced from institutional investors such as endowments, foundations, pension funds and
family trusts. The firm makes equity investments in early stage technology-based companies
primarily in the western third of North America, while maintaining a leading market share
position in the Pacific Northwest. Specific emphasis is on firms in the software, life
sciences, Internet, communications, and health care sectors. OVP usually originates and
leads its investments, taking an active role in assisting the management and growth of the
portfolio company. Portfolio: 800.com, Alive.com and many more..."
Opus Capital
"Provides emerging technology companies access to capital and operational expertise.
Opus focuses on growth companies. Our clients have produced investment returns for their
shareholders ranging from 136% to 779% in under two years as publicly traded companies.
Opus assists our client's management to achieve these returns by removing operational and
financial roadblocks to their success."
Paine Webber
"Paine Webber is a preeminent, full-service securities firm, committed to using its
formidable expertise and resources on behalf of our individual, capital markets and
corporate client."
Polaris Venture Partners
"We generally invest at early stages, from the seed stage to companies that are
generating initial revenue. Occasionally we invest in later-stage situations where we can
help resolve what we normally think of as early-stage issues, such as incomplete
management teams or major product transitions. Our initial investment may be as little as
$250,000 or as much as $6 million, and we may invest as much as $10 million over the life
of an investment. Three of our current portfolio companiesAllaire, Classifieds2000,
and Advanced Inhalation Researchillustrate our active lead approach."
Primedia Ventures
"Primedia Inc. is a leading targeted media company that publishes 222 magazine titles, 220 business
and consumer information
products and 15,000 education
titles; owns 47 trade shows; and offers more than 175 Web sites. With sales of
$1.5 billion, the Company has 7,000 employees and operates in the specialty magazine,
education and information sectors."
Robertson Stephens
"An international investment banking and investment management firm specializing in
growth companies. Our primary clients are companies for which the firm offers investment
banking services and institutional investors for whom it provides investment
recommendations and trade execution."
Salomon Smith Barney
"Your online newspaper -- daily Salomon Smith Barney research, key market rates and
timely articles on investing. Investment
choices to consider for your portfolio, including Stocks, Bonds, Mutual Funds and
Salomon Smith Barney's Financial Management Accountsm.
Sequoia Capital
"Financed more than 350 early stage technology companies. More than 100 of these
companies have gone public or been sold. Sequoia was started in 1972 and is one of the
oldest Silicon Valley venture firms. Sequoia has managed more than $750 million for
institutional investors. Sequoia invests at every stage of a private companys
development. Sequoia has only one office - at 3000 Sand Hill Road in Menlo Park, CA.
"
Shepherd Group, The
"A private equity investment firm providing early-stage, growth and acquisition
financing to venture and middle-market companies. The firm focuses on companies with
high-growth potential, defensible competitive advantage, and unique market-ready quality
products and services. The Shepherd Group prefers to make investments in companies
that have completed the initial conceptual stage of their development and are either
collecting revenue from their product or are on the cusp of taking the product to market.
The firm targets equity investments within the range of $0.5 to $1.0 million."
Softbank Technology Ventures
"Provides investors with a unique opportunity to capitalize on the explosive growth
of the Internet through an experienced investment team and through SOFTBANKs leading
position in the digital information technology industry, both as an investor in and as an
owner of significant digital information technology companies. SOFTBANK Technology
Ventures typically targets individual equity investments of between $2 million and $15
million in one or more financing. "
TTC Ventures
"We invest in five or six new companies each year; typically information technology
companies. We can open doors to large customer bases and top brand names in vertical
markets that include financial services, law, health care, education, human resources,
tax, accounting and reference. In addition, with over $5 billion in annual revenues and
offices worldwide, Thomson itself can be a major customer for our entrepreneurs. TTC
Ventures initially invests $500,000 to $2,500,000 in each company and reserves additional
funds for follow-on investments."
U.S. Venture Partners
"A venture capital firm that is dedicated to helping entrepreneurs realize their
dreams of building world class companies that are leaders in their industry. We believe
deeply in the value created by the entrepreneurial process and in the relentless pursuit
of opportunity. We enjoy the challenge of aiming high and believe that by pursuing lofty
goals, we will ultimately generate the greatest returns for our investors. Since inception
in 1981, USVP has raised approximately $1 billion in equity capital from prestigious
institutional investors in six partnerships. Recently, we raised a $275 million fund in
January of 1999. To date, over $500 million has been invested in more than 200 early stage
companies. Many of these companies where USVP was the "founding" lead investor,
such as Sun Microsystems, Stratacom/Cisco, MMC Networks, Gymboree, Advanced Cardiovascular
Systems/Guidant and Check Point Software."
Vanguard Venture Partners
"A venture capital firm specializing in seed and early stage high technology
investments. Vanguard has offices in Palo Alto, California and Houston, Texas. The
Partners, Jack Gill, Bob Ulrich, Don Wood and Paul Slakey have extensive and successful
backgrounds as technologists, operating managers, entrepreneur-founders and venture
capital investors. Since 1981, Vanguard has funded 100 startups; more than 30
of these have already become major corporate successes and many others in this
Vanguard portfolio are destined for success. In aggregate, these companies created
over $10 billion in market value, over 20,000 jobs, and returned over $750 million to
investors. Today, Vanguard ranks among the top performing venture capital firms. "
Venture Investors
"The manager of early stage venture capital funds primarily serving Wisconsin and the
Midwest. Over the past decade, the partners have worked together as a team
identifying, financing, and providing value added resources to seed and early stage
entrepreneurial companies. In doing so, the partners have generated returns that are
in the top quartile for their vintage year, according to the Benchmark Statistics on
Venture Capital published by Cambridge Associates."
Wakefield Group
"A private venture capital firm focused on providing capital for growing businesses
and management buyouts. Established in 1988, Wakefield has a dedicated pool of equity
capital to be invested in companies offering exceptional potential for long-term growth.
We generally invest $1 million to $5 million in each portfolio company, and seek
entrepreneurial returns of 25 percent or more annually on our investments. "
Warburg Dillon Read
"Warburg Dillon Read is the investment banking division of UBS AG, and one of the
most successful investment banks in the world. Welcome to our web-site, where you will
find details about the products and services we offer to major companies and institutions
worldwide, plus details about ourselves."
Venture Capital Information
National Venture Capital Association
"The National Venture Capital Association (NVCA) was founded in 1973 and is comprised
of approximately 200 professional venture capital organizations. It is organized to
broaden the understanding of the importance of venture capital to the vitality of the
United States economy. NVCA also works to stimulate the flow of equity capital to emerging
growth and developing companies. NVCA seeks to improve communication among venture
capitalists throughout the country and to improve the general level of knowledge of the
venturing process in government, in the universities and in the business community. "
Price Waterhouse's Venture Capital Survey
"A quarterly study of venture capital investments throughout the United States;
Initial Public Offerings (IPOs) and Private Placements ."
Venture Capital and
Private Equity
Useful material presented by a Harvard Business School professor.
vfinance.com
"The Venture Capital Resource Library contains directories of Venture Capital,
Investment Banks, and related services. News is updated twice each day. Available on the
site are a downloadable business plan and SCOR document with instructions. Each venture
capital firm listed in the directory has a direct link to the venture capital firm's home
page. There are sources for new ventures as well as mature ventures. Venture Capital firms
can be accessed by industry. Each venture capital resource has been carefully scrutinized
to meet the highest standards of the Venture Capital Resource Library."
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