Mutual Life Insurance Company of New York

Following his military service, he continued working in communications and cryptography in New York and Washington, D.C. John later made his home in Cambridge, England, where he lived for more than four decades.

His career as a financial broker for Mutual of New York, And then Integrated Financial Planning Services, headquartered in Heidelberg, Germany.

It helped generations of service members establish investments intended to provide financial security for their future.

He was a gifted communicator, and the values of his Depression-era upbringing made John practical, resourceful, and a careful steward of everything he earned.

Yeah.

And it's like, I had to tell him one time, "You know, that song was written because they walked out, the guy who wrote it walked out the door and saw a Mutual of New York bank sign." [laughs] So Randall's middle name is actually Mutual of New York.

[laughs] Mutual.

Wow.

the field thus occupied is uncommonly rich the life insurance companies are our leading institutions for savings their huge surplus and reserves augmented daily are always clamouring for investment No panic or money shortage stops the inflow of new money from the perennial stream of premiums on existing policies and interest on existing investments.

The three great companies—the New York Life, the Mutual of New York, and the Equitable—would have over fifty-five million of new money to invest annually, even if they did not issue a single new policy.

In 1904, just before the Armstrong investigation, these three companies had together $1,247,331,738.18 of assets.

They had issued in that year $1,025,671,126 of new policies.

No panic or money shortage stops the inflow of new money from the perennial stream of premiums on existing policies and interest on existing investments.

The three great companies, the New York Life, the Mutual of New York, and the Equitable, would have over $55 million of new money to invest annually, even if they did not issue a single new policy.

In 1904, just before the Armstrong investigation, these three companies had together $1,247,331,738.18 of assets.

They had issued in that year $1,025,671,126 of new policies.

But my grandfather and my grandmother were living in the house, and that's where he got my grandmother.

And then he talked my grandmother into applying for a half-million-dollar policy and a quarter-million-dollar policy through Mutual of New York.

And just the insurance guy said they might not accept that half-million-dollar policy because of her age.

And so he applied for two of them, and they gave him both of them.