In the 1950s (and perhaps earlier, but with no evidence in the archives), Jim Becker, as Chairman and CEO of the firm, began to publish an Annual Stockholders Report, and have a meeting in Chicago and New York of employee-shareholders. This practice was continued when Bill Mabie became President, and then was carried for a few more years when the author joined Jim and Bill in the executive management group. The early annual reports included personnel related information for the applicable year, but then in 1962, a separate Employee Report was initiated which separately covered personnel developments for the year and which was distributed to all employees. This practice was maintained for a number of years.
As noted in the Chronicle, in mid 1967, we issued a small brochure (which could be inserted in a legal-sized envelop) entitled A Report To Our Clients and Friends, in which we publicly published our Balance Sheet for the first time. In mid-1969, we published a midyear review publicly addressing our clientele by groups - individuals, institutions, corporations, and investment dealers - again displaying our Balance Sheet -- on which the Equity Account had grown substantially since mid-1969.
In late 1971, starting with our financial statements for our fiscal year ended October 31, 1971, we began to publish an Annual Report and distribute it publicly. This report also included our operating results and key balance sheet accounts for a number of past years, so the reader could see our growth. The practice of publishing a full Annual Report with complete audited financial statements was continued through 1976. After that date, under new management, only Statements of Financial Condition were published in connection with a review of operations for the fiscal year.
Below are links to all the annual publications of the firm dealing with an annual review of operations, personnel and finances, from 1957 forward, which are stored in the firm's archives.
A May, 2018, addition to this list of annual publications, is the BTA Report to Partners for Dec. 31, 1977. This was the last Report to Partners and summarized the investment activity and results of the BTA Partnership over its nine years of life.
1957 Annual Report to Shareholders
1961 Annual Report to Shareholders
1962 Annual Report to Shareholders
1967 A Report to our Clients and Friends
1968 Annual Report to Shareholders
1969 Annual Shareholder Report
1969 Officers, Directors and Shareholders
1971 Annual Shareholder Report
1971 Public Annual Report - Activities
1971 Public Annual Report - Financials
1976 Public Annual Report - Activities
1976 Public Annual Report - Financial