216:
and helped drive the firm's growth into a full-service financial provider and it soon became standard practice among the industry. By 1976, Merrill Lynch became the world's largest stockbroker and was the leading bank in mutual funds, commodity trading, and municipal bonds. Chrystie's invention of
212:, in which clients could stow dividend and interest income and earn interest rates higher than those offered by banks. His brainchild attracted 300,000 accounts, valued at $ 6 billion of new investment into
707:
870:
792:
731:
369:
880:
796:
373:
628:
682:
181:
865:
890:
451:"THOMAS CHRYSTIE, ATTORNEY, IS DEAD; Alumni Trustee of Columbia Was Descendant of One of School's Founders Headed College Council Active in Law Groups"
536:
388:
570:
508:
345:
900:
833:
595:
338:
What goes up : the uncensored history of modern Wall Street told as by the bankers, brokers, CEOs, and scoundrels who made it happen
771:
New York in the
Society of the Cincinnati : a roster of New York officers in the Continental Line and their present representatives
418:
217:
the C.M.A. was described by the ABA Banking
Journal, "one of the top dozen or so events that changed the financial services industry."
307:
875:
272:
885:
161:
450:
895:
260:
173:
287:
280:
116:
64:
271:. He is also a descendant, through his great-grandfather, Dr. Thomas Mackaness Ludlow Chrystie, of Commodore
209:
197:
141:
133:
121:
169:
160:, and Helen Duell Chrystie. His father was a descendant of John Albert Weygand, a founding trustee of
860:
855:
474:
256:
221:
157:
92:
83:
786:
745:
363:
252:
46:
180:. He left briefly to serve in the U.S. Air Force from 1956 to 1958. He received his M.B.A. from
815:
774:
725:
607:
576:
566:
514:
504:
426:
351:
341:
213:
193:
177:
137:
200:
in charge of planning and development. He remained at the firm until his retirement in 1988.
276:
87:
315:
563:
Catching lightning in a bottle : how
Merrill Lynch revolutionized the financial world
264:
652:
849:
812:
Year book of the societies composed of descendants of the men of the
Revolution, 1890
248:
236:
232:
132:(May 24, 1933 – December 24, 2013) was an American banker who served as the first
165:
228:
611:
580:
518:
430:
355:
778:
268:
164:, appointed in the Royal charter of October 31, 1754. He graduated from the
153:
819:
501:
A piece of the action : how the middle class joined the money class
227:
After his retirement, he became a real estate developer. He owned the
220:
Like his father and grandfather, Chrystie also served as a trustee of
419:"Thomas L. Chrystie, Bank Services Innovator on Wall St., Dies at 80"
389:"Bank of America (BAC) Stock Rises on Merrill Lynch's 100th Birthday"
208:
During his tenure as CFO, Chrystie is credited with developing the
537:"Thomas Chrystie, Creator of Cash Management Account, Dies at 80"
596:"25 Years Later Merrill's CMA Is Still Making Waves. (Briefing)"
629:"Columbia Daily Spectator 8 October 1975 — Columbia Spectator"
96:
156:, the son of Thomas Witter Chrystie, a lawyer and trustee of
769:
Stevens, Frederick R. (Frederick
Russell), 1874-1959.
286:
He died on
December 24, 2013, at a care facility in
871:
New York
University Stern School of Business alumni
561:Smith, Winthrop H. Jr. auteur. (9 September 2014).
111:
103:
79:
71:
53:
28:
21:
8:
791:: CS1 maint: multiple names: authors list (
730:: CS1 maint: multiple names: authors list (
368:: CS1 maint: multiple names: authors list (
196:went public in 1971, he served as its first
838:. L.R. Hamersly Company. 1907. p. 280.
708:"Early Thanksgiving thanks to Tom Chrystie"
795:) CS1 maint: numeric names: authors list (
503:. Simon & Schuster. pp. 154–158.
372:) CS1 maint: numeric names: authors list (
18:
204:Invention of the cash management account
176:in 1955. After college, he was hired by
107:investment banker, real estate developer
308:"85 Innovations 1972-1987 - Forbes.com"
299:
259:in 1806 and played a major role in the
881:American businesspeople in real estate
784:
723:
361:
152:Chrystie was born on May 24, 1933, in
633:spectatorarchive.library.columbia.edu
623:
621:
247:He is a direct descendant of Captain
140:and industry pioneer who created the
7:
835:Who's who in New York City and State
535:Arnold, Laurence (January 5, 2014).
530:
528:
412:
410:
408:
866:Columbia College (New York) alumni
14:
891:Businesspeople from New York City
814:. Republic Press. p. 280.
706:Wyo, Paul Bruun, Jackson Hole.
336:Weiner, Eric J., 1967- (2007).
683:"Amangani celebrates 20 years"
1:
653:"Trustees of the University"
594:Cocheo, Steve (2003-08-01).
417:Vitello, Paul (2014-01-14).
224:. He was appointed in 1975.
901:American investment bankers
712:Jackson Hole News&Guide
687:Jackson Hole News&Guide
261:Battle of Queenston Heights
255:officer who graduated from
138:Merrill Lynch & Company
117:Merrill Lynch & Company
917:
746:"Skiing into Jackson Hole"
288:Charleston, South Carolina
281:American Revolutionary War
65:Charleston, South Carolina
130:Thomas Ludlow Chrystie II
33:Thomas Ludlow Chrystie II
876:Merrill (company) people
455:timesmachine.nytimes.com
263:and is the namesake of
210:cash management account
198:Chief Financial Officer
142:Cash Management Account
134:Chief Financial Officer
122:Cash Management Account
479:Columbia College Today
170:Watertown, Connecticut
499:Nocera, Joe. (2014).
237:Jackson Hole, Wyoming
810:Hall, Henry (1891).
275:, who served in the
235:develop Amangani in
886:American financiers
662:. November 11, 2006
660:Columbia University
600:ABA Banking Journal
318:on January 17, 2003
269:Manhattan, New York
222:Columbia University
182:New York University
172:, in 1951 and from
158:Columbia University
93:New York University
84:Columbia University
896:Taft School alumni
423:The New York Times
340:. Back Bay Books.
253:United States Army
47:New York, New York
23:Thomas L. Chrystie
572:978-1-118-96760-7
510:978-1-4767-3479-8
347:978-0-316-06637-2
127:
126:
57:December 24, 2013
908:
840:
839:
830:
824:
823:
807:
801:
800:
790:
782:
766:
760:
759:
757:
756:
742:
736:
735:
729:
721:
719:
718:
703:
697:
696:
694:
693:
678:
672:
671:
669:
667:
657:
649:
643:
642:
640:
639:
625:
616:
615:
591:
585:
584:
558:
552:
551:
549:
547:
532:
523:
522:
496:
490:
489:
487:
485:
471:
465:
464:
462:
461:
447:
441:
440:
438:
437:
414:
403:
402:
400:
399:
384:
378:
377:
367:
359:
333:
327:
326:
324:
323:
314:. Archived from
304:
277:Continental Navy
174:Columbia College
120:inventor of the
60:
42:
40:
19:
916:
915:
911:
910:
909:
907:
906:
905:
846:
845:
844:
843:
832:
831:
827:
809:
808:
804:
783:
768:
767:
763:
754:
752:
744:
743:
739:
722:
716:
714:
705:
704:
700:
691:
689:
681:Huffman, Mark.
680:
679:
675:
665:
663:
655:
651:
650:
646:
637:
635:
627:
626:
619:
593:
592:
588:
573:
560:
559:
555:
545:
543:
534:
533:
526:
511:
498:
497:
493:
483:
481:
473:
472:
468:
459:
457:
449:
448:
444:
435:
433:
416:
415:
406:
397:
395:
387:Meola, Andrew.
386:
385:
381:
360:
348:
335:
334:
330:
321:
319:
306:
305:
301:
296:
273:James Nicholson
265:Chrystie Street
245:
206:
190:
150:
119:
91:
80:Alma mater
67:
62:
58:
49:
44:
38:
36:
35:
34:
24:
17:
16:American banker
12:
11:
5:
914:
912:
904:
903:
898:
893:
888:
883:
878:
873:
868:
863:
858:
848:
847:
842:
841:
825:
802:
761:
737:
698:
673:
644:
617:
586:
571:
553:
524:
509:
491:
466:
442:
404:
379:
346:
328:
312:www.forbes.com
298:
297:
295:
292:
244:
241:
205:
202:
189:
186:
162:King's College
149:
146:
125:
124:
113:
112:Known for
109:
108:
105:
101:
100:
81:
77:
76:
73:
69:
68:
63:
61:(aged 80)
55:
51:
50:
45:
32:
30:
26:
25:
22:
15:
13:
10:
9:
6:
4:
3:
2:
913:
902:
899:
897:
894:
892:
889:
887:
884:
882:
879:
877:
874:
872:
869:
867:
864:
862:
859:
857:
854:
853:
851:
837:
836:
829:
826:
821:
817:
813:
806:
803:
798:
794:
788:
780:
776:
772:
765:
762:
751:
747:
741:
738:
733:
727:
713:
709:
702:
699:
688:
684:
677:
674:
661:
654:
648:
645:
634:
630:
624:
622:
618:
613:
609:
605:
601:
597:
590:
587:
582:
578:
574:
568:
564:
557:
554:
542:
538:
531:
529:
525:
520:
516:
512:
506:
502:
495:
492:
480:
476:
470:
467:
456:
452:
446:
443:
432:
428:
424:
420:
413:
411:
409:
405:
394:
390:
383:
380:
375:
371:
365:
357:
353:
349:
343:
339:
332:
329:
317:
313:
309:
303:
300:
293:
291:
289:
284:
282:
278:
274:
270:
266:
262:
258:
254:
250:
249:John Chrystie
243:Personal life
242:
240:
238:
234:
230:
225:
223:
218:
215:
214:Merrill Lynch
211:
203:
201:
199:
195:
194:Merrill Lynch
187:
185:
183:
179:
178:Merrill Lynch
175:
171:
167:
163:
159:
155:
147:
145:
143:
139:
135:
131:
123:
118:
115:first CFO of
114:
110:
106:
104:Occupation(s)
102:
98:
94:
89:
85:
82:
78:
74:
70:
66:
56:
52:
48:
31:
27:
20:
834:
828:
811:
805:
770:
764:
753:. Retrieved
749:
740:
715:. Retrieved
711:
701:
690:. Retrieved
686:
676:
664:. Retrieved
659:
647:
636:. Retrieved
632:
603:
599:
589:
562:
556:
544:. Retrieved
540:
500:
494:
482:. Retrieved
478:
475:"Obituaries"
469:
458:. Retrieved
454:
445:
434:. Retrieved
422:
396:. Retrieved
392:
382:
337:
331:
320:. Retrieved
316:the original
311:
302:
285:
246:
233:Aman Resorts
226:
219:
207:
191:
151:
129:
128:
59:(2013-12-24)
43:May 24, 1933
861:2013 deaths
856:1933 births
279:during the
231:and helped
166:Taft School
72:Nationality
850:Categories
755:2020-05-21
750:Departures
717:2020-05-21
692:2020-05-21
638:2020-05-20
460:2021-08-29
436:2020-05-20
398:2020-05-21
322:2020-05-20
294:References
229:Wort Hotel
148:Early life
39:1933-05-24
787:cite book
612:0194-5947
581:938220154
541:Bloomberg
519:892924791
431:0362-4331
393:TheStreet
364:cite book
356:148722357
184:in 1960.
154:Manhattan
779:21262387
726:cite web
606:(8): 7.
257:Columbia
75:American
820:2750249
666:May 20,
546:May 20,
484:May 20,
818:
777:
610:
579:
569:
517:
507:
429:
354:
344:
192:After
188:Career
656:(PDF)
816:OCLC
797:link
793:link
775:OCLC
732:link
668:2020
608:ISSN
577:OCLC
567:ISBN
548:2020
515:OCLC
505:ISBN
486:2020
427:ISSN
374:link
370:link
352:OCLC
342:ISBN
251:, a
54:Died
29:Born
267:in
168:in
136:of
97:MBA
852::
789:}}
785:{{
773:.
748:.
728:}}
724:{{
710:.
685:.
658:.
631:.
620:^
604:95
602:.
598:.
575:.
565:.
539:.
527:^
513:.
477:.
453:.
425:.
421:.
407:^
391:.
366:}}
362:{{
350:.
310:.
290:.
283:.
239:.
144:.
88:BA
822:.
799:)
781:.
758:.
734:)
720:.
695:.
670:.
641:.
614:.
583:.
550:.
521:.
488:.
463:.
439:.
401:.
376:)
358:.
325:.
99:)
95:(
90:)
86:(
41:)
37:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.