Cover photo for William Peterson Nelson's Obituary
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1937 William 2023

William Peterson Nelson

August 28, 1937 — November 4, 2023

It is with profound sadness we announce the passing of William Peterson “Pete” Nelson, 86, of Cherry Hills Village,  Colorado. Pete passed away peacefully Saturday, November 4th, 2023.

Preceded in death by his adored parents WL Jack and Margaret Nelson, his cherished sisters Peggy Alexander and Patricia Coleman and his beloved wife Nancy Mayer Nelson to whom he was married for 58 years.

Pete’s enduring love of the stock market spanned nearly 60 years. Born in 1937 he received a B. A. Degree from the University of Texas in 1959 and then attended the Graduate School of Business Administration at Harvard University before beginning his Investment career at the of Bank of New York in 1961.  Six years later, he joined First Trust Corporation in Denver as Director of Research. From 1967 to 1983 Pete worked at First Trust as Managing Partner and Senior Portfolio Manager until the firm of Nelson, Benson and Zellmer was founded where he held the positions of President, Senior Portfolio Manager and Chairman of the Board before spinning off where he, Linda Tanabe Heifets, and Carol Tanabe Aragon started their own firm, Peneco Investments  from 1997 to 2023.

In lieu of flowers please consider a donation to either:

The Denver Dumb Friends League
2080 South Quebec Street
Denver, CO 80231-3298

The Dumb Friends League is a 501(c)(3) charitable organization and contributions are tax-deductible to the fullest extent allowed by law. Our Federal EIN is 84-0405254.
Junior Diabetes Research Foundation
200 Vesey Street, 28th Floor
New York, NY 10281

JDRF is an accredited 501(c)(3) nonprofit agency; all donations are tax deductible. A receipt will be provided via e-mail

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Celebration of Life

Wednesday, November 29, 2023

11:00am - 12:00 pm (Mountain (no DST) time)

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