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 L.F. Rothschild (later known as L.F. Rothschild, Unterberg, Towbin) was a merchant and investment banking firm based in the United States and founded in 1899. The firm collapsed following the 1987 stock market crash. History L.F. Rothschild ...

Biography

Rothschild was born on September 4, 1869, to Frank and Amanda (Blum) Rothschild in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

and he was not related to the

Rothschild family The Rothschild family ( , ) is a wealthy Ashkenazi Jewish family originally from Frankfurt that rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of F ...

of Europe. His brother was

Simon F. Rothschild Simon Frank Rothschild (June 14, 1861 – January 5, 1936) was an American merchant and philanthropist who served as president and chairman of the board at Abraham & Straus. Biography Rothschild was born on June 14, 1861, in Eufaula, Alabama, t ...

. He was educated in public schools and received a B.S. from the

City College of New York The City College of the City University of New York (also known as the City College of New York, or simply City College or CCNY) is a public university within the City University of New York (CUNY) system in New York City. Founded in 1847, Cit ...

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. 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 The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...

and founded

in 1899 with partner Leonard A. Hochstadter, formerly of the firm, Albert Loeb & Co. and their practice took up offices at 32 Broadway in

His firm concentrated on arbitrage.

Philanthropy

He was involved in philanthropy and served as the treasurer of the Hospital for Joint Diseases (today part of

NYU Langone Medical Center NYU Langone Health is an academic medical center located in New York City, New York, United States. The health system consists of NYU Grossman School of Medicine and NYU Long Island School of Medicine, both part of New York University (NYU), and m ...

) for forty years.

Personal life

Rothschild was married to Cora Guggenheim (1873-1956) on January 3, 1899, daughter of

Meyer Guggenheim Meyer Guggenheim ( , ; February 1, 1828 – March 15, 1905) was the patriarch of what became known as the Guggenheim family in the United States, which became one of the world's wealthiest families during the 19th century, and remained so during t ...

, patriarch of the

Guggenheim family The Guggenheim family ( ) is an American-Jewish family known for making their fortune in the mining industry, in the early 20th century, especially in the United States and South America. After World War I, many family members withdrew from th ...

, and the two had three children: Louis F. Rothschild, Jr. (1900-1902), Muriel Barbara Scott (1903-1999), and Gwendolyn Fay Rothschild (1906-1983). He died on June 15, 1957, and was survived by his two daughters, a brother, and three grandchildren.

References

{{DEFAULTSORT:Rothschild, Louis Frank American bankers Jewish American philanthropists People from New York City City College of New York alumni Columbia Graduate School of Arts and Sciences alumni Columbia Law School alumni 1869 births 1957 deaths Guggenheim family American company founders