Founders Financial Securities, LLC is a large advisory firm based in Towson. It manages $1.05 billion of regulatory assets for 10,124 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Founders Financial Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Founders Financial Securities, LLC is $1.05 billion. The firm's AUM has grown by 1128% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Founders Financial Securities, LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Bradley Matthew Shepherd is individuals with 7,056 clients and $848.37 million of assets under management. Among the 12 most similar advisory firms, Founders Financial Securities has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.05 billion for 7,241 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Founders Financial Securities doesn't advise any private funds.
The company employs 104 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 91 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Bradley Matthew Shepherd has been acting as President since 1 Jun 2014. Jill Anne Reckamp joined the executive team most recently as the Finop.
The principal office where Founders Financial Securities, LLC performs its advisory services is located at 1020 Cromwell Bridge Road, Towson, MD 21286, which is also the mailing address of the firm. An additional office of the firm is in Brighton, MI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 410-308-9988 or by fax 410-308-9801. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at foundersfinancial.com and its LinkedIn profile.