Founders Financial Securities, LLC
A subsidiary of Founders Financial, Inc.
1020 Cromwell Bridge Road
Towson, MD 21286
Clearing firm: Pershing LLC, TD Ameritrade, Other
No. advisers: 74
No. franchises: 58
Year founded: 2006
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||74||75||75|
|No. of producing reps||—||75||75|
|No. of reps producing $100K-$499K /year||—||55||55|
|Total revenues: Other||$1,048,698||$186,284||$240,040|
|Total account assets||$2,799,940,652||$2,337,499,805||$2,095,000,000|
|Total account assets: Other||$1,772,655,772||$1,545,012,950||$1,227,475,783|
|Average assets per rep||$37,332,542||$31,166,664||$29,928,571|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||LinkedIn|
|Dedicated mobile application for advisers?||N|
|Primary purpose of mobile application||—|
February 21, 2019 - A former Massachusetts investment adviser rep, Bruce Worthington, was charged with fraudulently misappropriating or taking close to $100,000 from a client's accounts starting in 2006, according to a complaint filed Thursday by the Secretary of the Commonwealth...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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