Winterflood Securities eponymous founder Brian Winterflood (pictured) has passed away, the firm said in a statement on Friday.
Beginning his career as a messenger for stockbroker Greener Dreyfus & Co in 1953, Winterflood became a member of the London Stock Exchange in 1966.
He set up his own investment firm, Winterflood Securities, in 1988. It was acquired by Close Brothers Group in 1993. He remained a non-executive director until January 2016 and retired a year later.
The firm said: “A man known heavily for his involvement in supporting charities, he was committee member of the October Club in the early days of 1986, Stock Exchange Benevolent Fund Trustee from 1995 until 2016, Save the Children VP from 2004 to 2009, and a frequent support to the Lord Mayor’s appeal over his career, amongst others.
“More recently Brian also acted as a patron to the Natural History Museum, Museum of London, and The Science Museum. Brian will be fondly missed by all of us that knew him, and the City of London has lost a true character and pioneer. We also express our deepest condolences to his family.”
Winterflood was ‘instrumental’ in the formation of the Unlisted Securities Market in 1980, which later became the Alternative Investment Market.
In 2012, he was awarded an MBE for services to the financial industry.
In a Linkedin post, Winterflood head of fixed income strategy Stacey Parsons said: “Today he placed his last trade, a true city gentleman, a friend and mentor to us all, right up to recently. Rest in peace Mr Winterflood, I am wholly grateful for the opportunities you afforded me and so many others in financial services.”
CEO Bradley Dyer added: “A sad day at Winterflood Securities, a truly inspirational man with real vision that pioneered the smaller company’s market, a real loss to the City of London. We shall miss him.”
