BNET Industries
Last Fiscal Year Sales:$1.9B
- Private
- US
Dow Jones Description
Cooke & Bieler was founded in Philadelphia by Louis Bieler in 1949, and with the arrival of Jay Cooke in 1951 was legally established as Cooke & Bieler, Inc. Early on, the firm managed assets primarily for wealthy Philadelphians. With only a few independent investment advisory firms in Philadelphia, Cooke & Bieler's business steadily grew in the 1950s, reaching $100 million under management by 1962. At that point, 90% of the firm's income was attributed to individual portfolios. By the time of Jay Cooke's death in 1963, the firm had attained its first pension account. New professionals joined in the 1960s and early 1970s as Cooke & Bieler grew steadily and developed resources for building its budding institutional business. Following Louis Bieler's retirement, six partners bought the firm in 1973. By this time, more than half of the firm's assets under management were institutional. Cooke & Bieler experienced strong growth for many years and in 1986, Cooke & Bieler was sold to United Asset Management, a publicly traded company located in Boston. UAM's autonomous approach to investment firm ownership was appealing to the owners and the transaction ensured the firm's future. However in 2000, UAM was acquired by Old Mutual, an overseas insurance company. In June 2001, Cooke & Bieler, L.P. once again became independent upon completion of its management led 100% buy-back of the firm. ...
Chief Executive Officer
Samuel H. Ballam IIINumber of Employees 30
Contact Information
1700 Market St Ste 3222
Philadelphia, Pennsylvania 19103-3912
(215) 567-1101
Peer Companies
NAICS Code Investment Advice: 523930
News & Analysis
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cooke & bieler inc. - All News and Analysis
Stake in Cooke & Bieler is sold to Boston investment manager
Cooke & Bieler, a Philadelphia money-management firm founded in 1949, is selling a 70 percent stake to Affiliated Managers Group Inc. of Boston.The value of the deal, announced yesterday, was not disclosed. Cooke & Bieler manages more than $9 billion in assets from its offices on the 1700 block of...
AMG to Make Investment in Cooke & Bieler
BOSTON -- Affiliated Managers Group, Inc. (NYSE: AMG), an asset management holding company, and Cooke & Bieler ("C&B"), have reached a definitive agreement for AMG to acquire a majority equity interest in C&B. After the closing of the transaction, the management partners of C&B will continue to hold a substantial...
Ted O'Connor Joins Cooke & Bieler
Business Editors PHILADELPHIA--BUSINESS WIRE--Aug. 19, 2002 Investment advisory firm Cooke & Bieler, L.P. announced today that Ted O'Connor has joined the organization as a Principal. Mr. O'Connor will fill a newly-created research analyst position and have future responsibilities as a portfolio manager. Cooke & Bieler Partner Kermit...
Cooke & Bieler Announces Turner Investment Distributors to Market Funds to Intermediaries
Business Editors PHILADELPHIA--BUSINESS WIRE--Feb. 21, 2002 Cooke & Bieler Announces Turner Investment Distributors to Market Funds to Intermediaries Cooke & Bieler announced today that Turner Investment Distributors, Inc. of Berwyn, Pennsylvania has been selected to serve as sub-distributor for the C&B Portfolios, three separate mutual funds...
ON ITS WAY: New owners at Cooke & Bieler; $1.9 billion manager becomes fourth former affiliateof UAM to buy itself back from parent Old Mutual.(Brief Article)
PHILADELPHIA - Money manager Cooke & Bieler became the latest Old Mutual/United Asset Management affiliate to break away from the parent, finalizing a deal last week to buy itself back from Old Mutual PLC. Terms were not disclosed. Samuel Ballam, principal at Cooke &...
ADDED STRATEGY: COOKE & BIELER ADDS MIDCAP TO MENU OF OFFERINGS.
After 50 years of offering clients a strict diet of large-cap value funds, Philadelphia-based Cooke & Bieler is expanding its menu and adding its first midcap value strategy. ``We have always had a bias toward midcap,'' said Sam Ballam, principal. ``Our large-cap fund has...
The Wall Street Transcript Publishes Money Manager Interview With Kermit Eck, Principal At Cooke & Bieler
Kermit Eck, Principal at Cooke & Bieler, examines portfolio management strategies in this timely and deeply informative 4,000-word interview from The Wall Street Transcript (212-952-7433) or www.twst.com/info/info192.htm.In a valuable review of investing strategies, Kermit Eck explains his approach to managing money and offers specific stock recommendations.Eck reports, "We think that...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Samuel H. Ballam III | Chief Executive Officer |
| Linda N. Perna | Chief Compliance Officer |
| Bruce A. Smith | Partner |
| James R. Norris | Partner |
| TED O'CONNOR | Partner |
| Asha Joshi | Director, IT |
| DAREN C HEITMAN | Partner & Portfolio Manager |
| Edward O'Connor | Partner Analyst, Portfolio Manager |
| James O'Neil | Partner Analyst, Portfolio Manager |
| John J. Medveckis | Partner High Net, Worth, Taxable Investing Portfolio Manager |
| John Pickering | Principal High Net, Worth, Taxable Investing Portfolio Manager |
| Kermit Eck | Partner & Portfolio Manager |
| Mehul Trivedi | Partner & Portfolio Manager |
| Michael M. Meyer | Partner & Portfolio Manager |
| R. James O'Neil | Partner & Portfolio Manager |
| Steve Lyons | Associate Analyst, Portfolio Manager |
| Ted O'Conner | Principal & Portfolio Manager |
| Theresa M. Weiss | Manager, Marketing and Client Services |
| John S. Hamblett | Principal |
| Thad Fletcher | Principal |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Chief Executive Officer | Current |
| Cooke & Bieler, Inc. | Partner | Current |
| Main Line Health, Inc. | Chief Financial Officer | Former |
| Main Line Health, Inc. | Senior Vice President of Finance | Former |
| Church Farm School | Chairman of The Board | Former |
| Thomas Jefferson University | Treasurer | Former |
| Northwestern University | M.B.A. | Former |
| University of Miami | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Chief Compliance Officer | Current |
| Beta Gamma Sigma | Board of Directors | Current |
| Cooke & Bieler, Inc. | Compliance Officer | Former |
| Drexel University | M.B.A. degree | Former |
| Temple University | B.B.A. degree in Finance & Real Estate | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner | Current |
| Cooke & Bieler, Inc. | Research Assistant | Current |
| Union Carbide Corporation | Current | |
| University of Michigan | M.B.A. degree | Former |
| The College of Wooster | Bachelor of Arts Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner | Current |
| Cooke & Bieler, Inc. | Plant Manager | Current |
| Sterling Capital Management, Inc | Senior Vice President of Equity Portfolio Management | Former |
| Guilford College | Bachelor of Science Degree In Management | Former |
| The University of North Carolina at Chapel Hill | M.B.A. | Former |
| Guilford College | bachelor of science degree in Management | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner | Current |
| Cambiar Investors LLC | Former | |
| University of Chicago | M.B.A. with concentrations in finance and international business | Former |
| Colgate University | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Director, IT | Current |
| Cooke & Bieler, Inc. | Technology Manager | Current |
| Financial Technology Forum | Senior Delegate | Current |
| Cooke & Bieler, Inc. | Data Processing Executive | Former |
| University of Pune | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner & Portfolio Manager | Current |
| Cooke & Bieler, Inc. | senior analyst | Former |
| University of Chicago | MBA | Former |
| Iowa State University | undergraduate degree in Finance | Former |
Ted graduated cum laude with honors in Economics and Philosophy from Colgate University. He worked as a U.S. diplomat in Cuba and Guatemala prior to receiving his MBA with concentrations in Finance and International Business in 1999 from the University of Chicago. He then joined Cambiar Investors in Denver, Colorado where he served as an equity analyst and portfolio manager and participated in Cambiar's 2001 management buyout. Ted joined Cooke & Bieler in 2002.
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner Analyst, Portfolio Manager | Current |
| Cambiar Investors LLC | Former | |
| Colorado Inc | Former | |
| Colgate University | Former |
Jamie received his undergraduate degree in Economics from Colby College, graduating cum laude with distinction and competing as captain of the varsity soccer team. He was an Investment Officer in the Capital Markets Department at Mellon Bank for three years before entering Harvard Business School to earn his MBA. He served as a summer intern in 1987, joining Cooke & Bieler upon his graduation the following year.
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner Analyst, Portfolio Manager | Current |
| Colby College | Undergraduate Degree In Economics | Former |
John earned his undergraduate degree in Economics from the University of Cincinnati, taught investments for two years at Purdue University and was admitted to the Indianapolis Society of Financial Analysts. He also served as Officer of the American Fletcher National Bank in Indianapolis where he managed individual trust accounts. John then joined Cooke & Bieler in 1973. John is currently a Trustee of the Curtis Institute of Music as well as the Philadelphia Museum of Art, where he also serves on the Investment Committee. He presently serves on the Visual Arts Committee of the U. S. Library of Congress and as a Trustee of the Library of Congress. In addition, he is an Overseer of the University of Pennsylvania Museum of Archaeology and Anthropology and also a fellow and Trustee of the College of Physicians of Philadelphia. He also currently serves as Honorary Consul for the Republic of Latvia for the State of Pennsylvania.
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner High Net, Worth, Taxable Investing Portfolio Manager | Current |
| Curtis Institute of Music | Board of Directors | Current |
| Philadelphia Museum of Art | Former | |
| University of Cincinnati | undergraduate degree in Economics | Former |
John earned his undergraduate degree in 1978 from Harvard University. He studied Economics and English, as well as captained the lightweight crew. Later, he stroked a U.S. boat in the World Rowing Championships. John worked for over 20 years, including several as Managing Director, at Brown Bros. Harriman & Co., the private bank, in Philadelphia, Dublin and New York. Most recently, John was the Head of Wealth Management and an EVP at The Bryn Mawr Trust Company, based west of Philadelphia. He currently serves on the Board of The Church Farm School and as Treasurer of The Philadelphia Club among other civic responsibilities.
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Principal High Net, Worth, Taxable Investing Portfolio Manager | Current |
| Church Farm School | Board of Directors | Current |
| Cooke & Bieler, Inc. | Principal | Former |
| Harvard University | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner & Portfolio Manager | Current |
| Stanford University | M.B.A. | Former |
| Montana State University | B.S. degree in Computer Science | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner & Portfolio Manager | Current |
| University of Pennsylvania | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner & Portfolio Manager | Current |
| Sterling Capital Management, Inc | Current | |
| Davidson College | Undergraduate Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Partner & Portfolio Manager | Current |
| Harvard Business School | M.B.A. in 1988 | Former |
| Colby College | Undergraduate Degree | Former |
Steve earned his undergraduate degree in Finance from Arizona State University where he was in the Barrett Honors College and was named outstanding graduating senior in Finance. Steve worked in the investment services industry specializing in private equity and business valuation before returning to business school to complete his MBA. He received his MBA with honors from the University of Chicago and was co-chair of the Investment Management Group. Steve joined Cooke & Bieler in the summer of 2005 as an intern and joined the firm permanently in August 2006.
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Associate Analyst, Portfolio Manager | Current |
| Cooke & Bieler, Inc. | Analyst | Current |
| Investment Management Group | Co-Chair | Former |
| University of Chicago | MBA With Honors | Former |
| Arizona State University | Undergraduate Degree In Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Principal & Portfolio Manager | Current |
| Cooke & Bieler, Inc. | Principal | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Manager, Marketing and Client Services | Current |
| Cooke & Bieler, Inc. | Coordinator, Marketing & Database | Former |
| La Salle University | undergraduate degree in Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Principal | Current |
| Rittenhouse Asset Management, Inc. | Relationship Portfolio Manager | Former |
| Credit Suisse | Former | |
| Trinity College | Undergraduate Degree In Economics and Computer Science | Former |
| Organization | Position | Status |
|---|---|---|
| Cooke & Bieler, Inc. | Principal | Current |
| Asb Capital Management LLC | Vice President | Former |
| Columbia Partners LLC | Principal | Former |
| Georgetown University | B.S. degree in mathematics | Former |
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