At the turn of the century, the Tudor style was frequently favored by bankers and others who wanted a home which projected an image of stability, sound judgment, and good breeding. The phrase "Stockbroker Tudor" was coined to describe these homes. Unlike the later mass-market Tudor cottages, these late-Victorian Tudors were custom-designed by architects. As a rule, they were "historically correct" copies, retaining the exterior massing and detailing of historic English manor houses from about 1570 to 1640.
The photo below is an illustration of such a home, built in 1908 in Pennsylvania. The exterior of the house incorporates the following elements of Tudor style:
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Drive around Highland Park someday. You'll see plenty of "Stockbroker Tudor" homes built between 1908 and 1920.
Middle-class families of 1908 could only dream of owning homes in the Tudor style. Even if such homes could be scaled down in size, the high cost of building solid brick walls made them too expensive for their limited budgets. The advent of "brick veneer" construction (around the time of World War I) helped made it possible for the Tudor style to "trickle down" to the masses.

A Pennsylvania home constructed in 1908.