Henry William Poor

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Henry William Poor (June 16, 1844 – April 1915) was an American banker, stockbroker, and author.

Stockbroker professional who buys and sells shares and other securities for both retail and institutional clients

A stockbroker, share broker, registered representative, trading representative, or more broadly, an investment broker, investment adviser, financial adviser, wealth manager, or investment professional is a regulated broker, broker-dealer, or Registered Investment Adviser who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage of assets, or hourly rate. Examples of professional designations held by individuals in this field, which affects the types of investments they are permitted to sell and the services they provide include Chartered Financial Consultants, Certified Financial Planners or Chartered Financial Analysts, Chartered Strategic Wealth Professionals, Chartered Financial Planners, and Master of Business Administration. The Financial Industry Regulatory Authority (FINRA) provides an online tool designed to help understand professional designations in the United States.

An author is the creator or originator of any written work such as a book or play, and is thus also a writer. More broadly defined, an author is "the person who originated or gave existence to anything" and whose authorship determines responsibility for what was created.

Contents

Biography

Early life

Henry William Poor was born in Bangor, Maine, in 1844, the son of Henry Varnum Poor. The family moved to New York City when he was five years old, and he spent his youth there. He attended Harvard College, graduating in 1865. [1] The firm that he and his father established in 1868, H. V. & H. W. Poor, was a predecessor to the business that eventually became Standard & Poor's. [2]

Bangor, Maine City in Maine, United States

Bangor is a city in the U.S. state of Maine, and the county seat of Penobscot County. The city proper has a population of 33,039, making it the state's 3rd largest settlement behind Portland (66,882) and Lewiston (36,221).

Henry Varnum Poor financial analyst

Henry Varnum Poor was a financial analyst and founder of H.V. and H.W. Poor Co, which later evolved into the financial research and analysis bellwether, Standard & Poor's.

New York City Largest city in the United States

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States and in the U.S. state of New York. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 Metropolitan Statistical Area and 23,876,155 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. The city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.

Career

He became prominent as a stockbroker and investor, but had to liquidate his business in 1908 following some major losses. [3]

He was also widely known as a book collector and a patron of the arts. [3] [4]

Death

He died in New York City April 13, 1915. [4]

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