William Bowen Astrop

William Bowen Astrop of Palm Beach and Atlanta died Friday, March 15, 2013, in his Atlanta home. He was 83.

The son of Robert Collins Astrop and Arretha Robertson Bowen, he was born in Charleston, S.C., and raised in Richmond, Va. His father was chairman of the Department of Psychology at the University of Richmond, and Mr. Astrop initially studied psychology at Richmond, where he was vice president of his freshman class and president of his junior class. Before completing his psychology studies at Richmond, he switched to study business and finance. He graduated at age 20.

Mr. Astrop then attended Harvard Business School. After earning his MBA, Mr. Astrop served in the U.S. Navy and was disbursing officer on the U.S.S. Missouri and supply officer on the U.S.S. Bassett. He received the Force Commander’s Award for outstanding service and retired as a lieutenant commander.

Mr. Astrop worked for Brenco Inc., in Richmond, and was a vice president at Florida Capital Corp., a venture capital firm in Palm Beach. He also was the youngest vice president at Stone Webster Securities Corp. in New York City. He also was vice president for UniCapital Corp.

In 1970, he co-founded Atlanta Capital Management Co. In 1982, he founded Astrop Advisory Corp.

In 1981, Mr. Astrop bought a seat on the New York Stock Exchange, becoming one of the first non-traders to own and lease a seat.

Mr. Astrop and his wife, Jean, owned seats on the New York Mercantile Exchange, American Stock Exchange and Chicago Board of Options Exchange, in addition to the NYSE.

Early in his finance career, he taught night classes at New York University and the University of Richmond.

Mr. Astrop led the High Museum of Art’s board of directors; served on the original board of directors for Emory’s Michael C. Carlos Museum; was a member of the Dean’s Advisory Board at Emory’s Goizueta Business School; and served as a national trustee of the Boys Girls Clubs of America.

He was a member of the Society of Colonial Wars, the Piedmont Driving Club in Atlanta, and the Bath Tennis Club. He was a member of The Cathedral of St. Philip and The Episcopal Church of Bethesda-by-the-Sea.

In addition to his wife of 50 years, Mr. Astrop is survived by two sons, Bowen and Douglas; a daughter-in-law, Jennifer Brady Astrop; and two twin grandsons, Maxwell and Alexander Astrop.

Mr. Astrop was predeceased by his brother, Robert.

A memorial service and inurnment will be held at 11 a.m. April 5 at The Episcopal Church of Bethesda-by-the-Sea.

Memorial donations may be made to the High Museum of Art, 1280 Peachtree St. NE, Woodruff Arts Center, Atlanta or the Michael C. Carlos Museum (at Emory University), 571 S. Kilgo Circle NE, Atlanta.

Fischer Funeral Care of Atlanta handled arrangements.

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