Gordon, with the financial assistance of Stone and Webster, acquired the venerable investment firm in 1931 when it was on the brink of collapse. Gordon helped rebuild the firm by focusing on specific niche markets including utility finance and municipal bonds. He also was one of the first to expand internationally when he opened Kidder, Peabody offices in Hong Kong and Japan. Known for his integrity, commitment to employees, and customer dedication, Gordon was considered one of the most respected icons on Wall Street for half a century.