Alfred E. Smith IV
Encyclopedia
Alfred E. Smith IV, born May 24, 1951, served as Chairman of the Board of Saint Vincent's Catholic Medical Center
Saint Vincent's Catholic Medical Center
Saint Vincent Catholic Medical Centers ' was a healthcare system, anchored by its flagship hospital, St. Vincent's Hospital Manhattan, locally referred to as "St. Vincent's". St. Vincent's was founded in 1849 and closed in 2010...

. In December 2006, after 35 years on Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

, he retired from his position as Managing Director of Bear Wagner Specialists LLC, a specialist and member firm of the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

. Smith is a Senior Advisor for the Marwood Group, and also sits on the Boards of the Tony Blair Faith Foundation
Tony Blair Faith Foundation
The Tony Blair Faith Foundation was established by Tony Blair in May 2008.-The Foundation:The Foundation was launched in May 2008 in New York at the headquarters of media group Time Warner. In his speech Blair outlined its aim that "idealism becomes the new realism", and that one of its goals was...

, and Mutual of America
Mutual of America
Mutual of America Life Insurance Company, also referred to as Mutual of America, is a Fortune 1000 mutual company based in New York, New York. Founded in 1945, it is ranked on the Forbes 500 list as the tenth-largest insurance company in the United States.Mutual of America specializes in providing...

.

Biography

After attending Iona Preparatory School
Iona Preparatory School
Iona Preparatory School is an all-boys National School of Excellence Catholic high school located in New Rochelle, NY in suburban Westchester County. Named for the Scottish island of Iona, the school was founded by the Congregation of Christian Brothers in 1916...

 , Smith began his Wall Street career as an independent floor broker of the New York Stock Exchange. In 1975, he relocated to Chicago to join Mitchell Hutchins
Mitchell Hutchins
Mitchell, Hutchins & Co. was a leading equity research boutique in the U.S. until its acquisition by Paine Webber in 1977. In 1959, Donald Marron founded D.B. Marron & Company. In 1965, Marron sold his company to Mitchell Hutchins and in 1967 was named president of the company...

, where he served as Vice President until 1979 when he returned to New York and was named Partner of CMJ Partners. In 1997, he joined Bear Wagner as Managing Director.

Smith is the great-grandson of the late, legendary Al Smith
Al Smith
Alfred Emanuel Smith. , known in private and public life as Al Smith, was an American statesman who was elected the 42nd Governor of New York three times, and was the Democratic U.S. presidential candidate in 1928...

, Governor of New York
Governor of New York
The Governor of the State of New York is the chief executive of the State of New York. The governor is the head of the executive branch of New York's state government and the commander-in-chief of the state's military and naval forces. The officeholder is afforded the courtesy title of His/Her...

, and serves as the Director, Secretary, and Dinner Chairman for the Alfred E. Smith Memorial Foundation, as well as Master of Ceremonies at the annual Alfred E. Smith Memorial Foundation Dinner
Alfred E. Smith Memorial Foundation Dinner
The Alfred E. Smith Memorial Foundation Dinner is an annual white tie charity fundraiser for Catholic charities, held at the Waldorf-Astoria Hotel in New York on the third Thursday of October . It is organized by the Alfred E. Smith Memorial Foundation in honor of former New York Governor Al Smith,...

.

Smith's work on behalf of charities in New York and Connecticut is extensive. In addition to his work with the Alfred E. Smith Memorial Foundation, he is a founding member and serves as Chairman of the Ireland Chamber of Commerce of the USA, Director of the Center for Hope, former Trustee of Calvary Hospital and has served on the board of Saint Vincent's Hospital in Manhattan since 1986. Smith and other members of the Saint Vincent's board were criticized by community leaders in 2010 in connection with the closure and bankruptcy of Saint Vincent's. A lawsuit is pending in connection with the alleged mismanagement of the hospital. Smith is the Chairman of Hackers for Hope, an organization he co-founded in 1988 to raise money for cancer research and treatment. Since its first "tournament" in 1988, Hackers for Hope has donated a total of more than $8,000,000 to Saint Vincent's Catholic Medical Centers Comprehensive Cancer Center, Memorial Sloan Kettering Cancer Center and other organizations committed to finding a cure for and treating cancer.

Over the years, Smith has received numerous honors and awards including serving as the Master of Ceremonies, 2007 inauguration of New York Governor Eliot Spitzer
Eliot Spitzer
Eliot Laurence Spitzer is an American lawyer, former Democratic Party politician, and political commentator. He was the co-host of In the Arena, a talk-show and punditry forum broadcast on CNN until CNN cancelled his show in July of 2011...

; the featured speaker, Friendly Sons of St. Patrick, Westchester, 2004; St. Vincent's Angelus Award Recipient 2005; Honoree, United Hospital Fund 2004; Man of the Year, St. James School, 2003; Medal of Honor, Calvary Hospital, 2001; man of the Year, Ireland Chamber of Commerce of the USA, 2000; Partnership Award, Terence Cardinal Cooke Health Care Center, 1999; Good Scout of the Year, Boy Scouts of America, 1998; Man of the Year, Iona Prep, 1996; Humanitarian Award, Pregnancy Care Center, 1995; Club of Champions Gold Medal Award, Catholic Youth Organization, 1994; Ellis Island Medal of Honor, 1994; National Brotherhood Award, National Conference of Christians and Jews, 1994; American Cancer Society's Gold Sword of Hope Award, 1993; and the Terence Cardinal Cooke Humanitarian Award, Our Lady of Mercy Medical Center, 1993. Smith has served as president of the Society of the Friendly Sons of St. Patrick in New York, 2005–2007, as a past president of Kappa Beta Phi
Kappa Beta Phi
Kappa Beta Phi is a secret honor society, mentioned in a Wall Street Journal article that appeared on January 16, 2009, for Wall Street financial executives....

, and he is a Knight of Malta.

Smith's service and commitment to Saint Vincent Catholic Medical Centers was rooted in his family history and extended back 70 years when his great-grandfather was involved in St. Vincent's. In his role as Chairman, Smith's focus was on building a new state of the art hospital which would continue to tackle the healthcare needs of the New York Community. The hospital filed for bankruptcy and closed in the spring of 2010.

Smith is married to Nan Moore Smith. They have two children, Alfred E. Smith V and Catherine Smith Totero, and two grandchildren.
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