TOWSON, Md., July 10, 2018 -- Founders Financial Securities, LLC ("Founders"), an RIA and independent broker-dealer firm, today announced the appointment of Hank Multala as Managing Director of Business Development, effective immediately. In his role, Mr. Multala will report directly to Bradley Shepherd, the company's Chief Executive Officer, and assume responsibility for the development and implementation of new advisor recruiting. Mr. Multala will also play an integral role in supporting transition and training for financial advisors who choose to align with Founders.
The addition of Hank Multala furthers Founders' vision to compel advisors to reimagine the traditional dynamics of an advisor-b/d relationship. Founders' focus is on empowering financial advisors to reach the level of success they envision for their businesses by delivering resources, platforms and tools in the mission-critical areas of asset management, practice management and technology.
Bradley Shepherd, Chief Executive Officer of Founders, said, "We are happy to welcome Hank Multala as the newest member of the Founders family. From the outset, it was clear that Hank appreciates Founders' unique history and approach to serving advisors. As the first interdependent broker-dealer, Founders recognizes and celebrates the true nature of the advisor and b/d relationship. We focus only on attracting advisors who want to explore the benefits of an active relationship with their RIA or broker-dealer. Any firm can provide the services of a utility company, but very few build the same sort of relationship with an advisor that most advisors enjoy with their clients. For us, this means taking the time to thoroughly understand each advisor's matters of importance and taking the time to develop and maintain a trusted relationship."
Prior to joining Founders Financial, Mr. Multala helped advisors to consider, assess, and complete their move to broker-dealers and RIAs through his role in business development positions with large independent broker-dealer firms. Mr. Multala holds over 20 years of experience in the financial services industry, including serving as financial advisor. He is also a 10-year Navy veteran.
Hank Multala said, "I knew from my very first conversations with Brad Shepherd and the rest of the team that Founders is unlike any other broker-dealer out there today. The terms 'culture' and 'community' are frequently brought up across our industry, but have increasingly been reduced to buzzwords in an industry that has chosen volume and scale over the creation of a truly personalized and reciprocal relationship between firms and advisors. I was drawn to Founders because of their stability and the manner they delivered holistic and innovative platforms to advisors. I joined the Founders team because of who they are, a truly unique value proposition, with a self-selecting community built on partnerships with financial advisors, rather than an effort to be all things to all people. I'm excited to be part of one of the most unique narratives to emerge in our industry in years, and look forward to introducing advisors who are ready for a more meaningful B-D/RIA relationship to Founders."
Mr. Shepherd concluded, "We look forward to Hank's leadership as we continue to pursue our mission to positively impact the lives and professions of those we serve. Hank recognizes the long-term value created by honoring the relationship first while still producing and delivering world-class solutions for financial advisors."
About Founders Financial
Founded in 1994, Founders Financial, Inc. is the parent company of Founders Financial Securities, LLC, a privately-held, full-service registered investment adviser (RIA) and independent broker-dealer firm headquartered in Towson, Maryland. Founders places a foremost value on the impact that each advisor's voice and character brings to the firm, as reflected in how the firm refers to its affiliated advisors as Member Partners of its community. To support the long-term growth and success of its Member Partners across the country, Founders provides a robust suite of resources, including practice management, asset management, technology and succession planning. For more information, please visit www.foundersfinancial.com.