Estabrook Capital Management Taps Wagner-Weber Associates To Consult On New Systems

PORTFOLIO SYSTEMS

Money manager Estabrook Capital Management Inc. has tapped Burlington, Mass.-based Wagner-Weber Associates to advise it on an installation of an in-house portfolio management system. Estabrook is going ahead with an installation of incumbent vendor Security APL's UNIX-based system--either in its in-house or service bureau incarnation--upgrading from the firm's existing DEC VAX/VMS-based system.

New York-based Estabrook is an old-line, risk-averse money manager with about $1 billion under

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