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Founders Financial Appoints New Head of Business Development

Founders Financial Securities LLC, a registered investment advisor and independent broker-dealer, has appointed 20-year industry veteran Hank Multala as managing director of business development.

Founders Financial Securities LLC, a registered investment advisor and independent broker-dealer, has appointed 20-year industry veteran Hank Multala as managing director of business development.

In his role, Multala is responsible for the development and implementation of new advisor recruiting and will help support the transition and training of financial advisors who choose to align with Founders.

Prior to joining Founders Financial, Multala held various business development positions with large independent broker-dealer firms. He previously served as the vice president of strategic growth at Cetera Financial Specialists and Legend Equities, national business development manager at Lincoln Investment Planning, and regional director of business development and recruiting at LPL Financial.

“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,” said CEO Bradley Shepherd. “As the first interdependent broker-dealer, Founders recognizes and celebrates the true nature of the advisor and b/d relationship.”

Founded in 1994, Founders Financial is the parent company of Founders Financial Securities, a privately-held, full-service registered investment adviser and independent broker-dealer firm headquartered in Towson, Maryland. Founders provides practice management, asset management, technology and succession planning.

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