Gordon L. Smith Jr., investment adviser

Gordon L. Smith Jr., chairman of the board and a co-founder of Baltimore Capital Management and a former longtime resident of Phoenix, Baltimore County, died Aug. 17 at Beebe Medical Center in Lewes, Del., after open-heart surgery. He was 70.

The son of Gordon L. Smith Sr., a salesman for real estate firm S.L. Hammerman Co., and Mary Louise Stansbury Smith, a Hochschild-Kohn sales associate, Gordon Lee Smith Jr. was born in Baltimore and raised in the Loch Raven neighborhood.

After graduating in 1963 from City College, he earned a bachelor's degree in economics in 1966 from the University of Maryland, College Park.

He began his investment career that year with Alex. Brown & Sons, and in 1976 was promoted to vice president, and in 1981, to special partner.

Mr. Smith and Alec Graham, with whom he worked at Alex. Brown, founded Baltimore Capital Management in 1994.

"Gordon was a fantastic trader, and his humor was just fantastic. We were partners for 25 years, I couldn't ask for a better person to work with," said Mr. Graham. "He showed interest in everyone around him. His knowledge of world events and his understanding of world economics was spectacular."

Mr. Smith was semi-retired at his death.

He moved in 2000 to Bear Trap Dunes, an Ocean View, Del., golf community.

In addition to being an inveterate golfer, Mr. Smith was a Terps, Ravens and Orioles fan.

Services are private.

Mr. Smith is survived by his wife of 50 years, the former Barbara Smith; a son, Eric Smith of Reisterstown; a sister, Barbara Smith of Rehoboth Beach, Del.; a stepbrother, Ken Fountain of Sterling, Va.; and several nephews.


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