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Get to know Scudder Stevens & Clark

Founded in 1919 by Theodore Townsend Scudder, Scudder Stevens & Clark was one of America's oldest and most respected investment counsel firms. The company made history in 1928 by launching the first-ever no-load mutual fund, allowing investors to buy into a diversified portfolio without paying a sales commission. This innovation democratized investing for many Americans. Throughout its history, the firm focused on investment management for individuals, institutions, and retirement plans. In 1997, the company was acquired by Zurich Insurance Group and merged with their Kemper Funds unit to become Scudder Kemper Investments. Subsequently, in 2002, the majority of the business was sold to Deutsche Bank, where it was integrated into their asset management division. The "Scudder" brand was eventually phased out in favor of the DWS brand.

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Financial Banking
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Scudder Stevens & Clark

United States

Founded in

1919 (107 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.