His father had immigrated to the United States from London in 1877 and was the eighth employee of the San Francisco bank Lazard Freres.
[2] He joined Lazard Freres in 1908[2] and served in France as an Army captain during World War I.
[4] In the 1930s, he was part of the committee that governs the New York Stock Exchange before moving on to work with the Chase National Bank.
[4] In 1934, he established Overbrook Press which specialized in illustrated, limited edition books for collectors.
In 2002, the office opened its doors to provide asset management and related services to institutional investors and high net worth individuals.
[2] Altschul was a registered Republican who served twice as a Connecticut delegate to his party's national conventions;[2] although he supported Adlai Stevenson II in his 1952 Presidential race against Dwight D.