Louis F. Rothschild

American investment banker (1869–1957)
Cora Guggenheim
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(m. 1873; died 1956)​
RelativesSimon F. Rothschild (brother)
Meyer Guggenheim (father-in-law)
Daniel Guggenheim (brother-in-law)
Solomon Guggenheim (brother-in-law)
Simon Guggenheim (brother-in-law)
Benjamin Guggenheim (brother-in-law)
Simon Guggenheim (brother-in-law)
William Guggenheim (brother-in-law)

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.[2]

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.[3]

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).[2][9] He died on June 15, 1957, and was survived by his two daughters, a brother, and three grandchildren.[3]

References

  1. ^ Davis, John H. (1989). The Guggenheims (1848–1988) : an American epic. Shapolsky Publishers. ISBN 0-944007-07-4. OCLC 1064148501.
  2. ^ a b c Leonard, John W. (1911). Who's who in finance, banking and insurance : a biographical dictionary of contemporaries. Who's who in finance, Inc. pp. 657–658. OCLC 5806897.
  3. ^ a b c "LOUIS F. ROTHSCHILD OF INVESTMENT FIRM". The New York Times. Retrieved May 25, 2020.
  4. ^ Columbia University. (1906). Catalogue of officers and graduates of Columbia university from the foundation of King's college in 1754. printed for the University. OCLC 2187260.
  5. ^ Moody's Magazine, Volume 9. Moody Corp., 1910
  6. ^ Wilkins, Mira. (2004). The history of foreign investment in the United States, 1914–1945. Harvard University Press. pp. 211–212. ISBN 0-674-01308-5. OCLC 758092320.
  7. ^ "Muriel Barbara Rothschild (1903–1999) • FamilySearch". Retrieved December 28, 2022.
  8. ^ "Muriel Barbara Scott (Rothschild) (1903–1999) – Genealogy". June 18, 1903. Retrieved December 28, 2022.
  9. ^ "Gwendolyn Fay Rothschild (1906–1983) • FamilySearch". Retrieved December 28, 2022.