Thomas Ludlow Chrystie II CHARLESTON - Thomas Ludlow Chrystie II, 80, died on December 24th in Charleston. He died of natural causes due to Alzheimer's. Born in New York City, he was the son of Thomas Witter Chrystie and Helen Duell Chrystie. He graduated from the Taft School in 1951 and Columbia University, Phi Beta Kappa, in 1955. He served in the U.S. Air Force from 1956 to 1958 as a management analysis officer. In 1960, he received an M.B.A., Beta Gamma Sigma, from New York University. Tom had a distinguished 33 year career with Merrill Lynch & Co. He served in various investment banking and management capacities from 1955 to 1988, when he retired to live in Jackson Hole, Wyoming. At Merrill, he headed the investment banking division, real estate, capital markets and merchant banking activities, each of which he helped build. Under Tom Chrystie's leadership, Merrill Lynch, for the first time, achieved the number one ranking as a manager of corporate financings and municipal financings and became a major factor in merger and acquisition services. After Merrill Lynch went public, Tom served as its first Chief Financial Officer with additional responsibility for planning and development. In that capacity, he conceived and directed the development of Merrill Lynch's Cash Management Account. In addition to serving on many corporate boards, Mr. Chrystie was a Trustee and Trustee Emeritus of Columbia University and Columbia Presbyterian Hospital. He served on the boards of the Taft School, The American Health Foundation and The Middleton Place Foundation. In Jackson Hole, Wyoming, his home since 1988, he was a founding Trustee of the National Museum of Wildlife Art. As principal owner of Spring Creek Ranch, he was instrumental in attracting the first Aman Resort to North America. Tom Chrystie is survived by his wife Eliza; and children: Alice C. Wyman (Peter), Helen C. Hipp (Walter), Adden Balis Chrystie and James MacDougal Chrystie. He was preceded in death by his son Thomas Witter Chrystie and his sister Mabel Dennison. He is survived by 5 grandchildren: Eliza K. Chadwick, Raymond G. Chadwick, Peter Hunt Wyman, Jr., Henry Trumbull Wyman and John Ludlow Wyman. A private service will be held at Middleton Place. In lieu of flowers, donations can be made to The Middleton Place Foundation, 4300 Ashley River Rd., Charleston, SC. 29414. Visit our guestbook at www.legacy.com/obituaries/ charleston
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Published in Charleston Post & Courier on Dec. 31, 2013