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Earl Chambers Obituary

CHAMBERS, EARL DENTON was the son of Earl Henderson Chambers and Florence Denton Chambers and was born on Flag Day 1925 in Norwalk Hospital, a location that he pointed out to the family every time he passed it on I-95. To earn money as a boy, he played the banjo on a sightseeing boat that cruised Long Island Sound. He graduated from Norwalk High School in 1943 and immediately volunteered for service in the U.S. Navy. He completed V-12 training at Dartmouth College, U.S. Naval Reserve Midshipman's School at Columbia University, and Communications training at Harvard University, becoming a Communications Officer. The Navy knew their man: one of his duties was as "Welfare and Recreation Officer." In August 1945, his ship, the U.S.S. Cruise (AM-215), left San Francisco for minesweeping duties in Japan. While en route, he received a coded message directing the ship to return to California. Knowing Earl to be a jokester, the Captain did not believe him and demanded confirmation from a nearby ship before reversing course. In 1946, Earl returned to Dartmouth College to finish his education, graduating in 1948 with a BA in Economics. He went directly to Wall Street and started at Manufacturers Hanover Bank, a predecessor of JP Morgan Chase, beginning a lengthy career in investment services. He also attended the NYU Graduate School of Business (now Stern). In the fall of 1949, he met his future wife, Ann (Nancy) Keating, on a blind date at a Yale-Dartmouth football game at the Yale Bowl; they married on September 9, 1950. His first daughter, Sarah Ann, was born in New York City in 1953. The new family moved to Providence, Rhode Island, where Earl began working in the Trust Department of Rhode Island Hospital Trust Bank. His second daughter, Lydia Denton, was born in 1960. In 1964, he was among a select group invited by the Japanese government to visit Japan in order to stimulate investment there. A year later, Earl joined the Trust Department of Marine Midland Bank in Rochester, New York, as vice president, and in 1966, he became a Chartered Financial Analyst. Earl moved the family to Riverside, Connecticut in 1970 when he joined Marine Midland's Manhattan office. Never at home in a large city, Earl and the family came full circle and moved back to Rhode Island in 1972 when Earl joined AMICA Mutual Insurance Company to manage their investment portfolio. As senior vice president, he took a novel and daring approach and invested heavily in the stock market; his success with this strategy greatly solidified the company's financial position. Upon retirement from AMICA, he went on to manage the public and private investments at a Providence family office for over 17 years. Not done yet, at age 83, he and two partners founded Newport Investment Management LLC, where he served as the equities advisor. In addition to his paid work, Earl served on the boards of numerous charitable organizations and non-profits, usually leading investment oversight. He shared his investment expertise generously with these organizations helping to build and maintain their financial strength. His vast community work included serving as a Trustee and chair of the investment committees for Women and Infants Hospital, Butler Hospital, Care New England, and Providence Public Library, where he held various officer positions, including president. Earl also served on the investment committees for South County Hospital, St. Andrew's School, Rhode Island School of Design, Rhode Island Foundation, South Kingstown Land Trust, Providence Art Club, Central Congregational Church, and Providence Athenaeum, among others. He was a long-standing and active member of the investment club, IGWE (In God We Trust). He was a member of the Agawam Hunt, Providence Art Club, Turks Head Club, Willow Dell Beach Club, and the Dunes Club. He loved spending time with his family, playing tennis, skiing, fishing, growing tomatoes, following Dartmouth football, and traveling abroad. He enjoyed time at the shore - swimming in the ocean, walking along the beach, clamming, crabbing, and boating, especially fishing for bluefish off Block Island with friends and family. He also enjoyed crewing for a friend on the inland waterway. Best of all, he loved to get into mischief with his good friend, Dick Pretat whether sneaking into the Brown alumni/ae campus dance, flying in Dick's plane under the George Washington Bridge, or skiing out west with the guys. He had a love of life and endless enthusiasm for learning things and meeting new people. Everywhere he went, he was struck by ideas that inspired his investment strategies. He was loved and respected by many, he always had a funny thing to say, and he thrived on making people laugh. He passed away on December 12, 2014 and is survived by his wife and daughters, his sons-in-law, Robert Killian and William Stusnick, his step-granddaughter, Somers Killian, and his grandsons, Hunter and Henry Stusnick. A service will be held at Central Congregational Church, 296 Angell Street, Providence, RI on Friday, January 2, 2015, at 11:00 a.m. with a reception to follow. In lieu of flowers, donations can be sent to Butler Hospital, South County Hospital, or South Kingstown Land Trust. For guest book and condolences, averystortifuneralhome.com.

To plant trees in memory, please visit the Sympathy Store.

Published by The Providence Journal on Dec. 17, 2014.

Memories and Condolences
for Earl Chambers

Sponsored by The Chambers Family.

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Grace Carnevale

December 13, 2020

I still have the letter from Mr. Chambers dated 2009 that I referred to in my original condolence message to his family and do read it from time to time. It reminds me of him and the special working relationship we had. He was my boss, but also my friend. I miss him. He was like a breath of fresh air. He will not be forgotten.

Grace Carnevale

GD Hall

March 6, 2015

My condolences to Earl's family. There were many times during my 31 year career on Wall Street that I though of Earl Chambers . In the early/mid 1980's I was a recently graduated young MBA , and a 23 year old Preferred Stock Salesman at what was then Dillon Read and Company I was assigned coverage of Earl Chambers and Amica Mutual. Earl and his years of experience were so far beyond my own it just seemed s matter of time until he was going to let me know just that. Earl was such a investment scholar and a patient gentleman he chose to let me put my firms best ideas in front of him and his firm and we ended up doing a good amount of business that worked out well for his portfolio. I have never forgotten his wealth of investment knowledge nor his gracious patience and gentlemanly demeanor for taking my calls and the often spirited give and take discussing relative take on the trade ideas. Earl never knew it but I had cut out a picture of him from the Amica Mutual annual report and had it taped up on my desk. I hope he would of forgiven me and appreciated the fact that every time before I called him I'd look at his photo and picture him wearing a pair of baby blue boxer shorts vs his usual dark blue chalk striped suit. It took that image to chuckle a bit and prepare for what could be an intimidating call from a young salesman to as well schooled and as well heeled an investor as Earl. As time passed the photo did come down but my appreciation for his kindness, wisdom and professionalism continued to grow. Over the course of my career I have mentored many young professionals on Wall Sreet and only hope that I did Earl's legacy right by continuing to "pay it forward" and share my knowledge with those who were just entering the business. Thank you Earl!! Much appreciated and never to be forgotten!!

Pam Todd

January 14, 2015

Please accept my deepest condolences to you and your family. I will miss Earl's wit and humor. I always thought of him as an antique car that keeps going. He will be missed.

Joe

December 31, 2014

It was my greatest pleasure working with Earl and his family this past year. Though I wasn't around towards the the final few months i always kept him close to my heart. My condolences to his family. I hope I was able to make a difference in his life as he and his family has made in mine. Love always jj

December 23, 2014

Curiously, last week I came across a letter from Mr. Chambers dated July 19, 2009. On it he stated, "Thank you for your card. Without it something would be missing that would sadden me." He was referring to the birthday card I mailed to him every year. He said he was still working, and that if I could find the time, a call would be welcome. He left a number which I decided to call even though the letter was over 5 years old. I called and was told that Mr. Chambers was in a nursing home. The next day I found out he had passed away on the very day I had called to speak with him. So strange. Mr. Chambers was a special man. He was so full of life with such a booming personality. I loved working with him at AMICA, and I will miss him.

With Deepest Sympathy to his family,

Grace Carnevale

Myles Walsh

December 18, 2014

He left an imprint on Amica few of us will forget when he raised the bar on investments. I will always remember Earl fondly.

Maya Boreen

December 18, 2014

A wonderful father and leader of the community. He was an example to us all of a "life well lived"

Kathy Abbott

December 17, 2014

Lydia,
I am thinking of you as you prepare for your Dad's funeral. The details in his obituary make me realize even more that he lived life to the fullest and lived a long, inspirational life for you, your sister and the rest of your family. I wish you peace and love as you gather with your family.

December 17, 2014

Our thoughts and prayers to Nancy and family.
Tom & Mary Parris Florida

December 17, 2014

Nancy
We're very sad, not shocked, to read of Earl's passing. I always enjoyed our jousting back and forth and I miss him.
Howard A and Diana.

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Memorial Events
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Jan

2

Service

10:00 a.m.

Central Congregational Church

296 Angell Street, Providence, RI

Funeral services provided by:

Avery-Storti Funeral Home & Crematory - Wakefield

88 Columbia Street, Wakefield, RI 02879

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