Alfred John (Jack) Frost died at 9:00 a.m. on Tuesday, May 4. He was 91 years old. He is survived by his daughter Joan Oman and his granddaughter Margaret Oman.
Frost led a varied and productive life. Originally a student of theology, Frost became a CFA and obtained a law degree. He worked for Canada’s Board of Review, the Canada Trust Corporation, Mutual Funds Management Corporation, the financial firm of Bolton-Tremblay, and Guaranty Trust Company of Canada. In the late 1960s, he served on the National Capital Commission under Prime Minister Lester Pearson. He finished his career as a judge for eight years with the Federal Tax Court of Canada. Frost’s awards and appointments were legion. He served on two university councils, was elected a Fellow in the Institute of Chartered Accountants, served as president of the Association of Canadian Better Business Bureaus, earned titles as an Honorable Life Member of Ottawa Historical Society and an Honorary Life Member of the Victorian Order of Nurses, served as trustee for the Boy Scouts of Canada, became an Honorable Vice President of the organization’s National Council and was awarded the silver acorn for distinguished service. In 1993, he received the Commemorative Medal for the 125th Anniversary of the Canadian Confederation for years of distinguished service in business, government and academia.
Perhaps his most lasting contribution is his work in the field of the Wave Principle, via his association with A. Hamilton Bolton, his writings for the Bank Credit Analyst and his collaboration with Robert Prechter on the book Elliott Wave Principle — Key to Market Behavior, which is now in its ninth edition and has been translated into ten languages. An engaging speaker, Frost offered popular weekly stock market commentary on CNBC in the early 1990s and frequently addressed professional organizations such as the Market Technicians Association and the Canadian Society of Technical Analysts. His analytical legacy is preserved in the book, The Elliott Wave Writings of A.J. Frost.