Frank Altschul was an American financier who was a Senior Partner of Lazard Freres and the Chief Executive of General American Investors Company, and founder of the private family office, Overbrook Management Corporation.
Background
Altschul was born to a Jewish family in San Francisco, the son of Camilla (née Mandlebaum) and Charles Altschul. His father had immigrated to the United States from London in 1877 and was the eighth employee of the San Francisco bank Lazard Freres. He joined Lazard Freres in 1908 and served in France as an Army captain during World War I. In 1916, his father retired as partner at Lazares and Altschul took his place in the firm as one of five partners.
Education
Bachelor of Arts, Yale, 1908, Doctor of Laws, 1967. Doctor of Laws, Bates College, 1952, Columbia, 1971.
Career
In 1901, the Altschul family moved to New York City. In the 1920s, he was awarded the Legion of Honor by the government of France after giving successful advice on how to stabilize the French franc. In the 1930s, he served on the governing committee of the New York Stock Exchange and as a director of the Rockefeller-controlled, Chase National Bank.
In 1934, he established Overbrook Press which specialized in illustrated, limited edition books for collectors.
He was appointed executive at General American Investors Company, where he remained until he retired in 1961. He founded the private family office, Overbrook Management Corporation, to manage and protect the wealth and financial well-being of the Altschul Family.
In 2002, the office opened its doors to provides asset management and related services to institutional investors and high Netto worth individuals.
Served to captain United States Army, 1917-1919. Member Union Interalliee, Louisiana Compagnie Typographique (Paris). Clubs: Pilgrims United States, Century Association, Grolier, Yale (New York City).
Connections
Married Helen Lehman Goodhart, 1913. Children: Charles II (deceased), Margaret (Mistress Daniel Language), Edith (Mistress Robert C. Graham), Arthur Goodhart.