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ROBERT BERNHARD Obituary

BERNHARD--Robert. Robert Bernhard, financier, philanthropist, and civic supporter died peacefully in his sleep at home in Greenwich, Conn. on Thursday, July 4th. In 1928 in New York, Bobby was born to Richard Bernhard and Dorothy Lehman Bernhard. Bobby graduated from Williams College in 1951, after spending his junior year in the Navy at the outbreak of the Korean War. He received his MBA from Harvard in 1953 and joined Lehman Brothers, where he was one of the last descendants of the founders, becoming a general partner in 1962. He moved to Salomon Brothers in 1972, becoming a partner in 1974. In 1981 he opened his own firm, which merged in 1990 to become MB Investment Partners. In 1997 he joined McFarland Dewey. Bobby served as president and life-time trustee of Temple Emanu-El and life-time trustee of Montefiore Medical Center and Einstein College of Medicine. He served Cooper Union as chairman of the board, and as a trustee of Lincoln Center and Vassar College, and was president of the civil rights organization, the New York Urban League. He married Frances Wells in 1949. They had four children: Adele, Michael, Susan and Steven. He married Joan Mack Sommerfield in 1970, becoming the stepfather to Timothy and Thomas Sommerfield. Bobby is survived by his younger brother William, his wife Joan and their combined 14 grandchildren and four great-grandchildren. Contributions in Bobby's memory can be made to Montefiore Health Systems and The Cooper Union. Funeral services will be held at Temple Emanu-El this Thursday at 11am followed by a private graveside ceremony.

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

Published by New York Times on Jul. 7, 2019.

Memories and Condolences
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5 Entries

Kenneth H. Fields

July 1, 2025

Dear Bobby, Thank you for all you did for me! Ken Fields

Kenneth H. Fields

July 5, 2020

It is another year on, but we will always remember Bobby and all the good that he did during his lifetime. What he did for all of us in the community cannot be erased and will not be forgotten. Kenneth H. Fields, Klingenstein Fields Wealth Advisors.

July 9, 2019

A great mentor and friend, he will be greatly missed. Steve Anthony

Anne Crudge

July 7, 2019

With fondest memories of one of New York's most active and contributing citizens.

Anne Crudge

Kenneth Fields

July 7, 2019

I had the great honor of working with Mr. Bernhard in the late 1960's at Lehman Brothers. Besides being an outstanding investment banker, I experienced first hand Mr. Bernhard's qualities as a caring human being. In those days on Wall Street, the great private banking partnerships were known for their charity, both to the community and their employees. I saw first hand how Mr. Bernhard and Lehman Brothers would spare no expense in providing the best health care and services to all its employees. The same charitable philosophy was practiced in many areas of the greater community. Mr. Bernhard demonstrated the best qualities of the private bankers of his era. Mr. Bernhard's hard work, intelligence and generous spirit will be missed. Mr. Bernhard's passing is a great loss to all of us in the community. Kenneth H. Fields, Klingenstein, Fields Wealth Advisors

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Temple Emanu-El

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