JOHN H. GOLDSMITH

GOLDSMITH, John H. Of Swampscott, Massachusetts, died at the age of 75 on September 16 from the ravages of Alzheimer's disease. John was the son of Bertram M. and Fanny N. Goldsmith of New York City and Annandale, New Jersey. He began his education with his brother Peter (d. 2011) in a two-room schoolhouse in Clinton, New Jersey, attended Solebury School in New Hope, Pennsylvania, and graduated from the University of Pennsylvania in 1963. During his senior year at Penn, he worked on the municipal bond desk at Hemphill, Noyes, which marked the beginning of a long and productive career in the securities business. Following a stint at L.F. Rothschild, in 1971 John moved to Prescott, Ball & Turben, a regional brokerage firm based in Cleveland, OH, where he would become managing partner, and then President and CEO. He had a passion for serving the client and overcoming regulatory obstacles to do it. His creation in the early 1970's of one of the country's first money market funds as well as several fixed maturity bond funds were examples of his creativity. The ownership of these products in a cooperative structure with other regional firms was unique and unsurpassed at the time. In 1987, John became Chairman and CEO of the Boston regional firm Tucker, Anthony, where he would remain until 2003, after successfully negotiating the sale of the firm to RBC Dain Rauscher. For the next decade, John worked as a consultant and angel investor, nurturing young entrepreneurs, advising them on how to grow, scale and finance their businesses. Deeply respected by his peers, John served on many boards and commissions over his long career, notably as a member of the Board of Trustees of the Federal Home Loan Bank of Boston. John leaves behind his wife of 53 years, Alice (Spalding), a daughter Jill and her husband Scott Sullivan, and three grandchildren: Brian, Lizzy and Alice Sullivan. John and Alice's son Brian died in 1981. Memorial Service to be held on Thursday, September 29 at 11 AM at Old North Church, 35 Washington Street, Marblehead, MA. In lieu of flowers, donations may be made in John's memory to the Salem State Foundation/Center for Holocaust and Genocide Studies (CHGS) 352 Lafayette Street, Salem MA 01970.