Plenty of business for everybody in discount brokerage growth
New York— discount brokerage expands alongside full service firms as volume rises. Leslie Quick Jr. notes discount trading climbing from under 1 percent in 1975 to 15 16 percent. expects 20 percent by 1985 amid rising NYSE turnover. Quick & Reilly, among largest, sells to public and operates as broker and clearing firm with 40 offices and 200000 customers.
MENTIONED IN THIS ARTICLE
Vartanig G. Vartan
New York
Tri Service
Leslie Quick Jr
New York Stock Exchange
Quick
Quick & Reilly Group Inc
Charles Schwab & Co
BankAmerica Corp
Bank of America
Fidelity Brokerage Services
Quick & Reilly
Citibank
Securities and Exchange Commission
Standard & Poor’s
Securities Clearing Company
Stock Exchange
Hilton Hotels
Equimark Corp
Helmerich & Payne
Standard Motor Products
Merrill Lynch
Prudential Bache Securities
Shearson/American Express
E.F. Hutton & Co
Paine, Webber, Jackson & Curtis
Midwest managers see recovery in 1984
Drake University professor Robert Kemp reports from the Mid-American Survey of Business Conditions that 625 purchasing managers across Iowa, Missouri, Nebraska, Kansas and Oklahoma forecast 1984 as a strong recovery year. Most expect improvement in 12 months, with Missouri leading gains in new orders and lead times rising as production expands.
MENTIONED IN THIS ARTICLE
Lynn Hunter Cline
Des Moines
Midwest
Drake University
Robert Kemp
Drake
Kemp
Iowa
Missouri
Nebraska
Kansas
Oklahoma
Mid-America
Wall Street Journal
Real estate motivators expand beyond property sales
The piece outlines how real estate motivated speakers like Tom Hopkins, Theo Cox, and Danielle Kennedy have broadened into other industries during tough markets. It notes Hopkins’ high earnings and international reach, Cox’s heavy travel, Kennedy’s shifting focus, and the trend of training as a core driver of sales success across sectors.
MENTIONED IN THIS ARTICLE
Ruth Ryan
Angeles Times
Theo Cox
Danny Cox
Tom Hopkins
Troy Irvine
Hopkins
Scottsdale
Ariz
Tom
Irvine
General Motors
New York Life Insurance
Bell & Howell
World Book Encyclopedia
Tandy Corp
Mary Kay Cosmetics
Virginia
State Associations of Realtors
National Association of Home Builders
Cox
Orange
Calif
West Palm Beach
Fla
Biloxi
Miss
Oklahoma City
California Association of Realtors
San Diego
Danielle Kennedy
San Clemente
Kennedy
Cox and Hopkins
California
Neil Diamond
Colorado
Claudette Albert
Orange County
Forecasts See Southern California Rebound Led by Tourism
Los Angeles analyst Robert Parry, executive vice president at Security Pacific National Bank, forecasts a stronger regional recovery than the nation. He cites a $3 billion tourism boost from the Summer Olympics, plus defense outlays aiding aerospace and electronics, and a concurrent housing upswing.
MENTIONED IN THIS ARTICLE
Los Angeles
Pentagon
Southern California
Security Pacific National Bank
Robert Parry
Los Angeles Bank
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