August 30, 2001
INVESTMENT ADVISER ACQUIRES ACTIVE-INVESTOR.COM
(Dayton, Ohio)---Scott Rader, a registered investment adviser, announces the acquisition of Active-Investor.com, an investment research web site. Rader, founder of the newly formed money management firm, Rader Capital Management, purchased Active-Investor from Rocky Belcher, who founded that company in 1998. Terms of the deal were not disclosed.
Active-Investor (https://www.active-investor.com) has developed a loyal following of active traders, who use its daily and weekly research to manage their own investments. Its premium service has been used by investors in twenty-five countries around the world, which Rader says reflects the usefulness and widespread appeal of its research.
Rader considers the purchase to fit strategically with the goals of Rader Capital Management. Both firms favor technical analysis with an emphasis on market timing and sector research. With a few changes, he expects the research on Active-Investor.com to complement the research that is used to manage the private accounts of the money management business.
The investment advisory business is all about helping people improve their lives by reaching their financial goals. Unfortunately, advisers are usually limited by the number of clients that they can service on a personal basis. With the Internet and the popularity of online investing, that influence can now be extended to assist people around the world. "Anyone who can benefit from this type of research can now have access to it," said Rader. "I see this as a great opportunity to share the quality research that is already being conducted here. The web site gives a set of tools and resources to help active investors make better decisions for themselves."
The new owner foresees a few improvements to the web site in the next few months. Those enhancements will bring greater interactivity with the users, including message boards and chat rooms. Talks are already underway with potential strategic partners who could add content and additional resources to the site.
Since its inception in 1998, Active-Investor has developed a reputation for timely and unbiased investment research. The site is the recipient of numerous awards, and its initial success in the marketplace helped to propel its founder, Rocky Belcher, to a finalist in the 2000 Ernst & Young Entrepreneur of the Year Awards in Dayton.
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