After his world tour, Drexel returned to Philadelphia and began working as a clerk for
Drexel & Co., the family firm founded by his great-grandfather
Francis in 1838. His grandfather expanded the family fortunes by partnering with
J. Pierpont Morgan to form
Drexel, Morgan & Co. of New York in 1871 and
Drexel, Harjes & Co. of Paris. In 1910, he was operating a flying school at
Beaulieu, a quaint little village on the verge of the
New Forest in England. After his marriage, he returned again to the U.S. and became a "widely publicized messenger boy for a New York brokerage firm, E. and C. Randolph." He later became a clerk of the firm before becoming a partner in the firm J. R. Williston & Co. for two years. He bought a seat on the
New York Stock Exchange and founded his own brokerage firm,
Liggett, Drexel & Co. with fellow New York clubman
John E. Liggett (of the
Liggett tobacco family), at
61 Broadway in Manhattan. In 1917, his brother-in-law
George Jay Gould Jr. joined the firm. In 1918, he sold his seat to his partner for $55,000. In 1919, the Intermountain Railway, Light & Power Co. sued Liggett & Drexel's successor, Liggett, Hichborn & Co., for $286,000 seeking damages related to a failed bond issue. In 1921, the Merchants Trust Company of
Waterbury, Connecticut sued Liggett for endorsing bankrupt notes. Liggett's wife later sued him as well, claiming she helped keep the Liggett & Drexel firm afloat by contributing her own cash, securities and jewelry. During
World War I, a member of
Squadron A, Drexel served as a
Lieutenant of the
U.S. Army. After the War, he served as vice president of the Standard Film Industries Corporation in New York. In 1935, he was present at a
New York State Legislative committee's hearing as an advocate of lotteries for charity. When
World War II broke out, Drexel and his wife were at their home in suburban Paris, and were forced to flee to their villa in
Biarritz, and then to
Portugal, where the boarded a ship to America. Upon his return to the United States, he "devoted much of his time to sports, particularly yachting." ==Personal life==