James “Jim” T. Petersen

11/15/1931 — 01/18/2015

From Kennewick, WA | Born in Seattle, WA

James “Jim” T. Petersen

James Tranter Petersen went to his final resting place, peacefully with his family and loved ones close by, on January 18, 2015. He was born in Seattle, Washington, on November 15, 1931, and he hit the jackpot by being adopted by James (aka Big Jim) and Ethel Petersen. Jim graduated from University of Washington followed by two years of service in the United States Air Force. He worked in the financial services field in Seattle until being recruited to move to Pasco and join Ed Ray at Dunning Ray Insurance in 1962. That was a monumental decision that would result in Jim forming Benefits Northwest and building the foundation for what would become one of the most successful independent wealth management businesses in eastern Washington State, Petersen Hastings Investment Management. “I just wanted to help people and I figured my skills in the financial service field were best suited to help others,” is the response he would give when asked why he started the business. Jim was very talented at hiring good people. Delivering on promises was important to Jim, so Carol Harris joined him during the startup of the business in 1962 to help him insure that promises were kept. In 1976, a chance tennis game resulted in Roger Hastings partnering with Jim and together they expanded the business beyond the Tri-Cities. In 1986, Jim hired his son, Jeff, to join him in the business. This resulted in one of the most rewarding relationships a father and son could ever hope to achieve. One of Jim’s most proud moments was in 2013 when Jim’s grandson, Matthew, joined the firm, and three generations of Petersens were now blessed with the opportunity to work and learn together. Jim continued to offer business advice up to the very end of his life.

Jim enjoyed sports and was an avid Husky, Mariner, and Seahawk fan. For over 20 years, the Petersen “boys” would make the overnight annual trek to Seattle for a Seattle Mariners game. Three generations of Petersens booked their annual commitments around this date each year. Only 2 years were missed during two decades.

Jim loved his Friday golf outings at Tri-City Country Club with his “buddies” and everyone that knew Jim, knew that it was a futile effort to schedule any appointment for Jim on Fridays. Jim loved these guys, even when one of them, Dick Hoch, knocked him out after his drive hit the women’s tee block and came back and hit him square in the forehead. Maybe Jim’s success with the weekly wagers on the golf course, especially the “double down” on the 18th hole, was more than adequate compensation for a few “setbacks”.

The Seattle Seahawk football games provided Jim with a little excitement during football season and especially during his final weeks. His daughter, Jill, joked that “Dad” was in line getting his wings during the first half of last Sunday’s Seahawk Championship game and couldn’t help until the second half.

Jim was married on August 28. 1953 to his first wife, Nancy Sunde, and together they had 5 children, Cynthia K. Petersen, Kelli L. Sladek (Bryan), Jeffrey C. Petersen (Marj), Jill Petersen Maisonneuve (Jean), and Erik J. Petersen (Susan). Jim’s daughter, Kellie pre-deceased Jim in 2007.

Jim was remarried on April 17, 1970 to JoAnn Goldsbury. With JoAnn, he was immediately blessed with 3 step-children, Angela Y. Filip (Jeff), Jeffrey J. Goldsbury (Bonnie), and Tracy Conaway-Richards (Kevin).

After a long illness, JoAnn went to be with the Lord on October 19, 2011. 

His grandchildren are Aubreyanna Sommers (Todd), Celeste Wright, Matthew Petersen, Joel Petersen, Rondel Pierce, Rhonda Sommer, Ava Rose Petersen, Elijah Waters (Annemarie), Anna Waters, Jordan Filip (Esther), Johnnie Goldsbury, Jake Conaway, and Tate Richards. He also has four great-grandchildren. 

Jim was a long-time member of the West Highlands United Methodist Church, a former Kennewick General Hospital Foundation Board member (now Trios), former Tri-City Country Club Board member, and an avid reader, especially historical fiction, biographies and the Wall Street Journal. 

In July, 2012 Jim met Pat Gilbert and together they became inseparable companions. The blessings that Pat brought to Jim are too many to mention and the family is so grateful to her for the joy that she brought Jim and the care she provided Jim during the decline of his health.

The family would like to thank Dr. Joseph Oro and Kelly Ganguly (Kelly’s Loving Care) for the special care they both provided Jim during his illness and in his final days. 

The funeral service will be held at 11:00 a.m. Friday, January 23, 2015, at Columbia Foursquare Church, 700 Comstock, Richland.

In lieu of flowers, memorial contributions may be made to the Tri-Cities Cancer Center or Tri-Cities Chaplaincy.

 

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James “Jim” T. Petersen

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  • I will treasure my many years of fond memories of Jim who always had a friendly smile and was quick with pleasant greetings. But it wasn’t until I began working at PH that my deep admiration and respect for Jim quickly developed. Though he was nearly retired when I joined the firm, it was clearly evident where the PH mission, lifestyle and company culture had originally generated. I am proud to have known him and to be a part of the PH team where his legacy and the professional values he cherished are sure to carry on throughout the years to come. My sincerest condolences and prayers go out to all the family and those who dearly loved him.
    May his soul rest in peace.

    Donna Yakawich
    January 22, 2015
    Kennewick, WA
  • I am grateful for having had Jim as a friend and financial advisor for several years. He always made me feel that he “looked out for me.” He was ever kind, thoughtful and good-humored, a true gentleman. I will miss him.

    Inez Freeman
    January 22, 2015
    Goldendale WA
  • Our sincere condolences to all the family, it was an honour to meet such a wonderful man, we will treasure the memories.
    God rest his soul in peace.
    Joe & Maria Correia
    Belleville, Canada

    Joe & Maria Correia
    January 22, 2015
    Belleville, Ontario
  • we would like to offer our sincerest condolences to all the family. We are so happy that we had the chance to get to meet and know Jim and his family.

    Nancy and Dr Jacques Maisonneuve
    January 21, 2015
    Davie, FL
  • Tracy,
    Your Step Dad brings back fond memories. i.e., The story I recently told you about when he allowed me to drive his luxury car back from Portland (with only a driver’s permit).
    I’ll miss you Mr. Petersen – – thanks for making me feel unique.

    Cheryl McKinnon-Conway
    January 21, 2015
    Kennewick, WA
  • The Petersen Family,
    I know that those we love who pass away live on through the character, values and memories we share. Jim was an amazing man and we will see him live on in all of your lives.

    Lori Combs
    January 21, 2015
    Pasco, WA
  • Jeff, Marj, Matthew and Joel:
    I am so sorry for your loss, I always enjoyed your Father’s company at your gatherings. I loved his stories and he really shined when he talked about you and your family. I pray that your hearts find comfort and Peace knowing He is well at home with the Lord and he has left you all with warm and loving memories. God Bless you and your families during this season of change.
    RaeLynne

    Rae Lynne abraham
    January 21, 2015
    west richland
  • Jim,
    I never had the pleasure of meeting you, but from the experience I have had with Petersen Hastings, I can tell that you truly left a legacy and impacted so many.
    Your knowledge and wisdom of the business, living the PH lifestyle, and your mission of always putting the client first; developed a deeply ingrained culture here and it resonates with us all.
    We here at Petersen Hastings will make sure we continue to carry out the good work that you set fourth from the beginning, when all you had was a dream. A dream of helping people realize their dreams.
    ~Sasha Castro

    Sasha Castro
    January 21, 2015
    Grandview, WA
  • I thought of this verse when I heard that Jim had left this earth. Life, is not a journey to the grave with the intention of arriving safely in a pretty & well preserved body, but rather to skid in broadside, totally worn out & proclaiming “WOW, WHAT A RIDE!”.
    Cheers Jim you will be missed,
    Maryfrances

    Maryfrances
    January 21, 2015
    Richland
  • Jeff,
    We are so very sorry to hear of your dad’s passing. You are in our thoughts and prayers.

    tom and evie corley
    January 21, 2015
    pasco,wa
  • Jeff, Marj, Matthew & Joel,
    It was a pleasure having the opportunity to work with and get to know Jim. I always enjoyed listening to him provide wisdom and his “alternative” view points during the Investment Committee. I am very proud to be part of the company that Jim helped instill such great values.

    Kevin & Melissa Floyd
    January 23, 2015
    Kennewick, WA
  • Jim, has been an inspiration to me over the past 13 years. He built a firm with strong values and putting clients’ interests first and that is the foundation of our fiduciary promise today. I feel blessed to have worked closely with Jim the past few years and I learned a tremendous amount from him. I appreciated his sense of humor and straight-shooting style. Jim, I will miss you and I take comfort in knowing that I will see you on the other side.

    Blaine Carr
    January 27, 2015
    Richland, WA
  • Jeff-I meant to write this much earlier. First of all, my deepest condolences to you and your family on the passing of your father.
    I Don’t know if you remember me, but I remember playing tennis with you and your dad when I first moved to Kennewick. Your dad handled my fathers investments for several years. When he would come to Ephrata for business, he and I and several others that liked to play tennis would get together for some friendly competition. I just wanted to tell you that my parents thought a lot of your dad and of his honesty with them. My father passed away 3 years ago and I know somewhat of what you must be feeling. Take solace in all the memories. God Bless you & your family.

    Rita (Waltho) Magnaghi
    February 6, 2015
    Kennewick, WA
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