Amherst International
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Amherst International is an international conglomerate founded by the Amherst Family of Triton, CA. 5WRWAn Fresh thoughts, fresh view on the subject..!
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[edit] Amherst Land
The original company of Adolf Sr., Amherst Land began as a construction firm building many famous gilded-age mansions throughout the country. Eventually, though, members of the family found it much more profitable building more than just luxury homes (though this was still, and continued to be, their specialty), and thus began construction of everything from skyscrapers to entire cities.
Major developments include:
- Amherst Plaza - The 20 building, 30 acre development in downtown Triton which serves as the headquarters for all Amherst International companies.
- Kykuit - The landmark ancestral home of the Amherst family, built on over 50 acres on a cliff overlooking the Pacific Ocean. The main house is 7 stories, with 3 of those stories below ground.
- Several "American Castles" of the Gilded Age.
- Amherst Tower - Amherst Tower is the name for several luxury residence buildings all over the world. Amherst Tower buildings are known for their unprecedented luxury (each residence has a butler on call 24-7), breathtaking architecture (gold-tinted, floor-to-ceiling windows and extensive use of marble), dazzling views (towers are usually beach-front or in the heart of the city), and no-compromise security (bullet-proof windows are standard). Cities deemed "worthy" of having an Amherst Tower include Triton, Dubai, New York, London, Paris, Singapore, Toronto, Rio de Janeiro, and Monaco.
- Most of the buildings occupied by an Amherst International subsidiary have been commissioned to Amherst Land.
[edit] Amherst Entertainment
Amherst Entertainment is a company which emerged from Amherst Land's foray into the luxury hotel industry. Amherst Entertainment operates numerous hotels and resorts all over the world. Their level of luxury and refinement are comparable to that of the Four Seasons and Ritz-Carlton chains.
Notable resorts include:
- Amherst Las Vegas - Amherst Las Vegas Resort and Country Club is a AAA five diamond/Mobil five-star casino resort located on the Las Vegas Strip in Las Vegas, Nevada. The record US$5 billion resort is the flagship property of Amherst Entertainment. The resort covers 220 acres, and includes 3 50-story gold towers and a world-class golf course. The lobby contains a 5 story waterfall and the hotel's suites are considered the most luxurious in Las Vegas.
- Cielo - One of several properties not bearing the Amherst label, Cielo is a contemporary hotel on Manhattan's Fifth Avenue. The all-suite hotel occupies the top 12 floors of a new skyscraper, offering breathtaking views of the New York skyline. Suites start at 1500 sq. ft. with the presidential suite occupying the entire top floor.
[edit] Amherst Financial
Though Amherst Land is regarded as AI's first subsidiary, Amherst Financial is undoubtedly it's most powerful, and the chief executor of America's Royal Family's influence in the business world. Amherst Financial is divided into three major business groups: Global Consumer, Global Wealth Management, and Institutional Clients.
[edit] Global Consumer
Generating 55% of Amherst Financial's revenues, Global Consumer Group comprises three sub-divisions: Cards (credit cards), Consumer Finance, and Retail Banking. Targeting individual consumers as well as small- to medium-sized businesses, GCG offers financial services across its worldwide branch network, including banking, loans, insurance, and investment services.
A-Cards is responsible for around 40% of the profits with GCG, and represents the largest issuer of credit cards across the world as well as an 3,800-point ATM network across 45 countries. The Consumer Finance division (branded as simply Financial) accounts for about 20% of GCG's profits, and offers personal loans and homeowner loans to consumers across its network of 50 branches in 20 countries worldwide. Finally, the retail bank encompasses the global branch network, branded Corner Bank (another institution not named Amherst, Corner Bank pays homage to its first branch location- on the corner of Amherst Plaza's building 2, Amherst Financial's HQ). Corner Bank is the largest retail bank in the United States, and it has branches in countries throughout the world.
[edit] Global Wealth Management
Global Wealth Management divides itself into Amherst Private Bank, Amherst Bank, and Amherst Investment Research, and generates 7% of Amherst Financial's total revenue. As revenues are predominantly derived from investment income, Global Wealth Management is more sensitive to the direction and level of the equity and fixed-income markets that other divisions of the company.
Amherst Private Bank, or APB, provides banking and investment services to high net worth individuals, private institutions, and law firms. Acting as a gateway to all of Amherst Financial's products, APB offers traditional investment products and alternative choices, with all clients assigned a Private Banker to personally deal with their portfolio. A notable client is the Amherst Family themselves, with an entire division of APB, along with the family members, dedicated to the management of their wealth (in accordance with family law, the bankers assigned to the Amherst family wealth are sworn to secrecy under penalty of death- a clause which has been utilized several times).
Amherst Bank, or AB, is Amherst Financial's global private wealth management unit, providing brokerage, investment banking and asset management services to corporations, governments, and individuals around the world. With over 800 offices worldwide, AB holds 9 million domestic client accounts, representing trillions of US dollars in client assets worldwide.
Finally, Amherst Equity Research, or ARI is Amherst Financial's research unit comprised of 390 research analysts across 22 countries. Amherst Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, providing macro and quantitative analysis of global markets and sector trends.
[edit] Institutional Clients
The Institutional Clients Group is divided into two sub-groups: Amherst Markets and Banking, and Amherst Alternative Investments.
Amherst Markets and Banking: Containing Amherst Financial's most market-sensitive divisions, "AMB" is divided into two primary businesses - Global Capital Markets and Banking and Global Transaction Services (GTS). Global Capital Markets and Banking provide investment- and commercial-banking services covering institutional brokerage, advisory services, foreign exchange, structured products, derivatives, loans, leasing, and equipment finance. Meanwhile, GTS offer cash-management, trade finance and securities services to corporations and financial institutions worldwide. CMB is responsible for around 32% of Amherst Financial's annual revenues.
Amherst Alternative Investments: Amherst Alternative Investments (AAI) is an alternative investment platform that manages assets across five classes - private equity, hedge funds, structured products, managed futures, and real estate. Across 16 "boutique investment centers", it offers various funds or separate accounts that utilize alternative investment strategies, as opposed to mainstream mutual funds. AAI manages Amherst Financial proprietary capital as well as institutional investments from third-parties and high-net-worth investors.
[edit] Amherst Farms
Amherst Farms is a multinational packaged food company. Several of Amherst Farm's brands are globally renowned, which made the company a global market leader in many product lines, including milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning and pet foods. Some of Amherst Farm's business practices have been considered unethical, especially the manner in which infant formula has been marketed in developing countries, which led to the boycott in several countries from 1977 to the present. Amherst Farms has been regarded as AI's most controversial subsidiary, however it makes up only a small percentage of AI's total revenue.
[edit] Baby Milk Marketing
Since the late 1970s, Amherst Farms has attracted much criticism for its baby milk marketing policies in developing countries. This has centered on its apparent recommendations for breastfeeding mothers to switch to its infant formula milk products, leading to the alleged deaths of 15 babies each year as a result of formula being mixed with contaminated water. Amherst Farms has allegedly violated the widely agreed-upon International Code of Marketing of Breast-milk Substitutes ("International Code"). This led to a boycott coordinated by the International Amherst Farms Boycott Committee, informed by monitoring conducted by the International Baby Food Action Network. In 1982, Amherst Farms implemented the International Code in developing countries. The instructions were reviewed and refined in 1984 in consultation with the WHO, UNICEF and the International Nestlé Boycott Committee.
Amherst Farms itself still advertised breast milk replacements, though it has issued instructions to all its offices to ensure strict compliance with the International Code.
[edit] Amherst Security
Amherst Security is the world's third largest defense contractor. Amherst Security is an agency which provides personal protection and military defense services voluntarily through the free market. They are not a private contractor of the state and is not subsidised in any way through taxation or immunities, nor does it rely on conscription and other involuntary methods.
The services and expertise cover those typically found in governmental military or police forces, but on a somewhat smaller scale. While Amherst Security often provides services to train or supplement official armed forces in service of governments, they are also employed by private firms. Amherst Security tends to be concentrated in areas of low intensity conflict, where deploying traditional armed forces might be too politically, diplomatically, or economically risky.
Amherst Security provides bodyguards for VIP's and world leaders, builds detention camps safe houses throughout the world, and pilots armed planes and helicopter gunships. And licensed by the State Department, they are contracting with foreign governments, training soldiers and reorganizing militaries in several African and South-East Asian countries. Amherst Security alone makes profits of over $100 billion a year.
[edit] Government
The United States State Department employs Amherst Security to provide support in danger zones that would be difficult for conventional U.S. forces. The military employs them as guards to extremely high ranking U.S. government officials in high risk areas all around the world. The They have also served in advisory roles that help train local militaries to fight more effectively instead of intervening directly. Much of the peacekeeper training the United States provides to African militaries is done by Amherst Security, and with the increasing absence of Western military support to international peace operations, they are commonly utilized to provide services to peace and stability operations from Haiti to Darfur.
[edit] Amherst Oil
Amherst Oil is the market leader for the supply of gasoline to the motorist through approximately 25,000 AO-branded gas stations in the US which also serve as Amherst Oil's most visible public presence. Amherst Oil is a 70/30 partner with the Saudi Arabian government-owned oil company Saudi Aramco in Motiva Enterprises, a refining and marketing joint venture which owns and operates three oil refineries on the Gulf Coast of the United States. It also explores and drills in various offshore locations including the oil basin near Douala, Cameroon in cooperation with the French government-owned Elf Aquitaine.
[edit] Amherst Media
Amherst Media, a company operating mainly in the United States became, in 2006, one of the first "quadruple-play" media companies in the world, bringing together a so-called "quad play" service consisting of television, Internet, mobile phone and fixed-line telephone services. It is still a relatively new branch of Amherst International, and as such is still crawling along from its infancy to adulthood.
[edit] The Amherst Foundation
The Amherst is the second largest transparently operated charitable foundation in the world, second only to the Bill and Melinda Gates Foundation. The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and, in the United States, to expand educational opportunities and access to information technology. The foundation, based in Triton City, California, is controlled by its two trustees: brothers George Amherst and Patrick Amherst. It has a current endowment of US$35 billion.
The thrid-oldest major philanthropic institution in America after the Carnegie Corporation and the Rockefeller Foundation, the foundation's impact on philanthropy in general has been profound. It has supported several United Nations programs throughout its history, such as UNICEF and the recent First Global Forum On Human Development, along with the Rockefeller Foundation.
