In loving memory

Lee Schultheis

A brilliant mind, a mischievous grin, and one of the most generous hearts anyone who knew him will ever remember.

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Lee Schultheis

Who he was

A life measured in the people he loved.

Lee Schultheis was a father of four, a brother, a Cornell man, and a builder of businesses. He had the rare kind of intelligence that made hard things look easy, paired with a sense of humor that never let anyone — least of all himself — take life too seriously.

He built a career at the highest levels of finance, then walked away from it early to spend his time on the things that actually mattered to him: his family, his friends, and his own restless curiosity. He wanted the people he loved to be happy, and he spent his life making sure of it.

Lee passed away on the evening of July 1, 2026, surrounded by the family who loved him — with all of his sons at his side.

A remarkable run

The life he built.

1974 – 1978

Cornell University

Lee earned his degree at Cornell, where he rowed with the crew — a discipline and a brotherhood he carried for the rest of his life.

2002 – 2012

Hatteras Alternative Mutual Funds

Co-founder, President, and Equity Partner. He helped pioneer alternative investing for everyday investors — and set up the ALPHX strategy that, in his own words, "let me retire at 56 to do all sorts of wild and crazy stuff."

Age 56

Retired — cold turkey

He left finance at the top and never looked back, pouring himself into family, travel, and every non-financial project that caught his imagination. He called it a lot of fun.

2014

Candidate for Governor of Maine

Never one to sit still, Lee ran as an Independent candidate for Governor of Maine — because he believed people ought to have better choices.

Cutchogue, New York · Cornell University · A New Englander at heart

The people he loved

His family.

Everything Lee did, he did for his family. He raised four sons and loved them fiercely — each one different, each one his.

Lee was the youngest of three, the little brother who spent his life protecting and adoring his older sisters, Jeanne and Cathy, and staying right in the middle of their lives. Few people are as nostalgic for their childhood as Lee was — and it was a gift that his last years brought him home to Cutchogue, the town he never stopped loving. He shared those years with Cherie, the woman he loved. And he held every generation close: the mother of his sons, and his own father, remembered by all with a smile as "Fishing Grandpa." Lee was the thread that ran through them all.

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For the days we miss him

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