| Business Summary | | The
John
Nuveen
Company
is
engaged
in
the
businesses
of
asset
management
and
related
research,
as
well
as
the
development,
marketing
and
distribution
of
investment
products
and
services,
through
financial
advisors
that
serve
the
affluent
and
high
net-worth
market
segments.
The
Company
distributes
its
investment
products,
including
mutual
funds,
exchange-traded
funds,
defined
portfolios
and
individually
managed
accounts,
through
registered
representatives
associated
with
unaffiliated
broker-dealers,
commercial
banks,
affiliates
of
insurance
providers,
financial
planners,
accountants,
consultants
and
investment
advisers.
The
Company's
operations
are
organized
around
six
subsidiaries,
including
Nuveen
Investments,
a
registered
broker
and
dealer
in
securities,
and
five
investment
advisory
subsidiaries.
These
include
Nuveen
Advisory
Corp.,
Nuveen
Institutional
Advisory
Corp.,
Nuveen
Asset
Management
Inc.,
Nuveen
Senior
Loan
Asset
Management,
Inc.
and
Rittenhouse
Financial
Services,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
John
Nuveen
Company
specializes
in
the
sponsorship,
marketing,
and
management
of
investment
products,
and
in
municipal
and
corporate
investment
banking
services.
For
the
six
months
ended
6/30/01,
revenues
fell
3%
to
$171.9
million.
Net
income
applicable
to
Common
rose
7%
to
$55.1
million.
Revenues
reflect
lower
sales
of
equity
defined
portfolio
products.
Net
income
reflects
headcount
reductions,
decreased
profit
sharing
expenses,
and
lower
advertising
and
promotional
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Timothy Schwertfeger, 51 Chairman,
CEO | $3.0M | John Amboian, 39 Pres,
Director | 2.4M | William Adams, IV, 45 Exec.
VP, Structured Investments | 963K | Margaret Wilson, 45 Sr.
VP-Fin. | -- | Alan Berkshire, 40 Sr.
VP, Gen. Counsel, Sec. | 965K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|