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Firm's founder took interest in people

| Saturday, April 20, 2013, 12:16 p.m.
David W. Hunter, founder of Hunter Associates and previous chairman of Parker/Hunter Incorporated, passed away the evening of Sunday, April 14, 2013, after a brief battle with cancer.
David W. Hunter, founder of Hunter Associates and previous chairman of Parker/Hunter Incorporated, passed away the evening of Sunday, April 14, 2013, after a brief battle with cancer.

David Hunter loved people, no matter their fortune or standing in life, said two people who knew the founder of the Pittsburgh investment firm of Hunter Associates.

“You'd be sitting at lunch with him, and he would know the waitress at the Duquesne Club and know about her children,” said Erica Snyder, Hunter managing director.

The next minute, he would turn in his seat and talk about investments with a Fortune 500 executive, she said.

“He was the kind of person, when you met him, you wanted to get to know him, and he always made you feel like he knew you,” Snyder added.

David W. Hunter, 84, of Gibsonia died on Sunday, April 14, 2013, after a brief battle with cancer.

He was born on Aug. 11, 1928, the son of the late Frank Herbert and Josephine (Wittmer) Hunter.

Mr. Hunter attended Shady Side Academy and graduated cum laude from Amherst College with a bachelor's degree in economics. After earning his master's in business administration from Harvard Business School, he became a corporal in the Army for two years during the Korean War. He founded Hunter Associates in 1992 and previously served as chairman to its successor, Parker/Hunter Inc.

He was recognized nationally and internationally as a leader in securities regulation.

Mr. Hunter served as chairman of NASDAQ, the National Association of Securities Dealers Inc. and the Securities Industry Association.

“He was just a wonderful person,” said Chip Burke, chairman of the Grable Foundation, who knew Mr. Hunter all his life and was a good friend for 25 years.

“He was intelligent, funny, and he cared about all people. He always made the time to get to know people — their families and the details of their lives,” Burke added.

In 1992, Mr. Hunter published “Never Out of Season: A Timeless Guide to Building Your Wealth,” which was inspired by his desire to provide his children and investors with the tools they need to navigate turbulent financial times.

Mr. Hunter chaired the Pittsburgh-Allegheny Chapter of the American Red Cross, and he was a trustee of the Allegheny Trails Council, Boy Scouts of America, for 30 years; Westminster College for 25 years and the University of Pittsburgh's Joseph M. Katz Graduate School of Business for more than 30 years.

“He was extremely generous to charities and always gave personally,” Burke said. “He was a great person and a good friend.”

Mr. Hunter is survived by his wife, Mary (Lou); three children, Peter Hunter and his wife, Marsha, of Morristown, N.J., Susan Hunter of San Diego, Calif., and Crock Hunter of Gibsonia; and four grandchildren.

A funeral service will be held 1 p.m. Saturday in Glenshaw Presbyterian Church, 300 Glenn Ave. Burial will be in Allegheny County Memorial Park, McCandless.

Contributions may be made to the Clark Hunter Foundation, Attn. Sue Haberlein, 436 Seventh Ave., Fifth Floor, Pittsburgh, PA 15219.

Bob Stiles is a staff writer for Trib Total Media. He can be reached at 724-836-6622 or

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