Hall of Fame Financial Planner and Scholarship Creator John F. Sigmund Sr. Dies at 84
John F. Sigmund Sr., 84, former Wyndmoor graduate, accomplished financial advisor for Lincoln Investment Planning and creator of two scholarships named in memory of his daughter, Johanna, who was killed in the World Trade Center attacks September 11th. September 11, 2001, died Tuesday September 14 from a cardiac arrest at Abington Hospital.
Known for his energy and enthusiasm, optimism and curiosity, Mr. Sigmund was a larger than life figure to his family. He also played a big role for many others when he responded to his daughter’s death by helping to establish the Johanna Louise Sigmund ’94 scholarship fund for her high school, Springside, now Springside Chestnut Hill Academy, and the Johanna Sigmund Memorial Fund for St. Catholic School of Malachi.
âHe wanted good to come from bad,â said his son, John Jr.
The Springside Scholarship is awarded to a student with “a demonstrated need that exemplifies the gifts of wit, enthusiasm, athletic leadership, and compassion for others.” The family said they have raised more than $ 700,000 from more than 2,200 donors and funded at least one scholarship per year since 2003.
Mr. Sigmund’s efforts also inspired friends to start a âRun for Johannaâ fundraiser that raised nearly $ 500,000 for scholarships at St. Malachi.
âMy father believed that an education was one of the greatest gifts one can give, and Johanna’s memory has lived on in the lives of dozens of young academics,â her son said.
In a 2004 profile for a Lincoln Investment Planning newsletter, Sigmund explained his actions: âWe have learned that we can only go forward. â¦ We always believe that the good ultimately outweighs the evil that is present in this life.
One person wrote in a tribute on Facebook that Mr. Sigmund “embodied the joy, curiosity and love that so many of us seek in our own lives.”
Born September 21, 1936, Mr. Sigmund grew up in Wyncote and played Little League baseball and touch football with future Baseball Hall of Fame star Reggie Jackson. He attended Immaculate Conception School in Jenkintown, took the daily train to attend St. Joseph’s preparation, and graduated from the College of the Holy Cross in 1958.
He held financial jobs in Washington and Patterson, NJ for 10 years, then joined Lincoln Investment Planning in 1968. He became one of the company’s top performers as a financial advisor to nonprofit organizations. lucrative, working one-on-one mainly with doctors. , nurses and teachers, and was inducted into the Cabinet Hall of Fame in 1998.
Mr. Sigmund met Ruth Behringer at a college graduation party and they were married in 1970. They lived in Chestnut Hill, Wyndmoor and Blue Bell. âHe was interested in everything and had an easy way with people,â said his wife. âHe was a very positive person.
Mr. Sigmund was a talkative and a natural salesman. Never afraid to ask directions when traveling, he enjoyed choosing restaurants while asking al fresco diners about their meals, arriving late and leaving early to Phillies games and sending his son interesting newspaper clippings.
He played tennis and squash at Germantown Cricket Club and Philadelphia Cricket Club, and was not shy about giving sports advice, which earned him the nickname of his children’s âTips Galoreâ.
A practicing Catholic, he enjoyed variety in his spiritual life and attended services at Our Mother Consolation Church in Chestnut Hill, St. Malachy’s Church in North Philadelphia, and St. Anthony of Padua Parish in Ambler.
âHe taught me to be open to people,â his son said. âHe was, as he liked to say, fearlessly friendly. “
In addition to his wife and son, Mr. Sigmund is survived by two sisters, a brother and other relatives. A sister and a brother died earlier.
Services were on September 25.
Donations in her name can be made to St. Joseph’s Preparatory School, 1733 W. Girard Ave., Philadelphia, PA 19130.