Louis F. Rothschild Explained

Louis F. Rothschild
Birth Date:4 September 1869
Birth Place:New York City, U.S.
Death Place:New York City, U.S.
Education:City College of New York
Columbia University
Columbia Law School
Occupation:Investment banker
Known For:Founding L.F. Rothschild

Louis Frank Rothschild (September 4, 1869 – June 15, 1957) was an American investment banker and founder of the eponymous investment banking firm L.F. Rothschild.

Biography

Rothschild was born on September 4, 1869, to Frank and Amanda (Blum) Rothschild in New York City and he was not related to the Rothschild family of Europe.[1] [2] His brother was Simon F. Rothschild.

He was raised in a Jewish family and educated in public schools and received a B.S. from the City College of New York in 1889, a Ph.B. from Columbia University's School of Political Science (later became the Graduate School of Arts and Sciences) in 1890, and graduated from Columbia Law School in 1891.[3] [4] He practiced law from 1891 to 1893 and was engaged in manufacturing from 1893 to 1902.

He was a member of the New York Stock Exchange and founded L.F. Rothschild in 1899 with partner Leonard A. Hochstadter, formerly of the firm, Albert Loeb & Co. and their practice took up offices at 32 Broadway in New York City[5] His firm concentrated on arbitrage.[6]

Philanthropy

He was involved in philanthropy and served as the treasurer of the Hospital for Joint Diseases (today part of NYU Langone Medical Center) for forty years.

Personal life

Rothschild was married to Cora Guggenheim (1873–1956) on January 3, 1899, daughter of Meyer Guggenheim, patriarch of the Guggenheim family, and the two had three children: Louis F. Rothschild, Jr. (1900–1902), Muriel Barbara Scott (1903–1999),[7] [8] and Gwendolyn Fay Rothschild (1906–1983).[9] He died on June 15, 1957, and was survived by his two daughters, a brother, and three grandchildren.

Notes and References

  1. Book: Davis, John H.. The Guggenheims (1848–1988) : an American epic. 1989. Shapolsky Publishers. 0-944007-07-4. 1064148501.
  2. Book: Leonard, John W.. Who's who in finance, banking and insurance : a biographical dictionary of contemporaries.. 1911. Who's who in finance, Inc. 657–658. 5806897.
  3. News: LOUIS F. ROTHSCHILD OF INVESTMENT FIRM. The New York Times . en. May 25, 2020.
  4. Book: Columbia University.. Catalogue of officers and graduates of Columbia university from the foundation of King's college in 1754.. 1906. printed for the University. 2187260.
  5. https://books.google.com/books?id=LbxLAAAAYAAJ&pg=PA471 Moody's Magazine, Volume 9
  6. Book: Wilkins, Mira.. The history of foreign investment in the United States, 1914–1945. 2004. Harvard University Press. 0-674-01308-5. 211–212. 758092320.
  7. Web site: Muriel Barbara Rothschild (1903–1999) • FamilySearch . December 28, 2022.
  8. Web site: Muriel Barbara Scott (Rothschild) (1903–1999) – Genealogy . June 18, 1903 . December 28, 2022.
  9. Web site: Gwendolyn Fay Rothschild (1906–1983) • FamilySearch . December 28, 2022.