in New York City on September 13, 2019. He was 84.
A man of style, wit and generosity, Mr. Allinson will be remembered for his outgoing demeanor
and shrewd business mind. He was a collector of friends, a born raconteur and a dispenser of
sage advice. When asked “how are you?” his signature reply was “not good, I’m great!”
Born in Philadelphia, he attended Lasalle College High School and The Wharton School of the
University of Pennsylvania. He began his career at IBM where he became the firm’s youngest
branch manager. Selected as a Sloan Fellow, he received a Master's Degree in Management
from MIT in 1971. He joined State Street Bank and Trust where he was instrumental in the
growth of the bank’s mutual fund service business and the start of their master trust services for
pension plans. By utilizing new technologies which reduced the cost of custody and servicing of
mutual funds, he helped to build the modern mutual fund industry.
In 1978 he joined Chase Manhattan Bank, where he served as Executive Vice President for International
Consumer, Global Private Banking, Institutional Banking, Information Services businesses
and the Trust and Investment activities.
In 1987 he assumed the Presidency of Mitchell Hutchins Asset Management, an affiliate of
PaineWebber, Inc. He returned to State Street in 1990 as Executive Vice President where he
remained until his retirement in 1999.
Upon retiring from State Street, Mr. Allinson took on the role of Chairman and Chief Executive
Officer for one year of Equiserve. He was a long term member of the Board of Directors of DST
Systems Inc., Kansas City Southern and Boston Financial Data Services.
He was passionate about public service and was involved with a diverse group of institutions
that included the Undergraduate Executive Board of the Wharton School of the University of
Pennsylvania, the Board of Managers of the New York Botanical Garden, the Business Committee
of the Metropolitan Museum of Art, the Board of Trustees of Tuskegee Institute, the Board of
Trustees of the Salvation Army, and the Board of Trustees of LaSalle College High School.
Mr. Allinson lived in Palm Beach, FL and Southampton, NY where he and his wife were as active
socially as at the peak of his career. They were members of The Everglades Club and The
Beach Club in Palm Beach and The Bathing Corporation in Southampton.
He is survived by his wife Margarita Arias Allinson, his children Courtney Allinson Arnot, A. Edward
Allinson, III, and wife Hilary, Bradford J. Allinson and wife Hilary, stepchildren Roger Van
Voorhees and Amanda Van Voorhees Zajko and husband Michael, grandchildren Bobby and Hayden Arnot, Carter, Ashley, Reid, Justin and Brooke Allinson.
In lieu of flowers, contributions can be made to LaSalle College High School, 8605 Cheltenham
Avenue, Wyndmoor, PA 19038.
A private service will be held in Palm Beach followed by a memorial celebration later this Fall.
