- Business
- Wright Investors' Service Holdings, Inc. (IWSH) operates as a holding company with limited operations that intends to pursue strategic options, including acquisitions in investment advisory and financial services businesses; it holds Wright Investors' Service, Inc., an internationally recognized investment management and financial advisory firm founded in 1960 and headquartered in Mount Kisco, New York. Wright Investors' Service, Inc. provides fiduciary asset management for institutional clients such as pensions, retirement plans, endowments, foundations, municipalities, and eleemosynary institutions; outsourced investment management solutions for bank trust departments and trust companies; customized investment portfolios for private investors encompassing trusts, estates, private businesses, general investment accounts, and IRAs; and global fundamental data, corporate research, and industry analysis through the Worldscope Database for institutional investors, private clients, and academia. The firm employs a disciplined, repeatable investment process combining quantitative and qualitative factors, including a proprietary quality rating system evaluating 32 standards across liquidity, financial strength, profitability, stability, and growth; it serves clients primarily in the United States with a focus on balancing risk and return through independent, personalized service. Incorporated in 1998 and formerly known as National Patent Development Corporation, the company maintains a small team of two employees under Chairman, President, and CEO Harvey P. Eisen, with recent activities centered on evaluating strategic acquisitions and business investments amid its shell-like operational status.