American Portfolios Issues Joint Press Release with The Center for Discovery:
Dedicated Laboratory for the Development of New Products and Assistive Technologies for All
HURLEYVILLE, N.Y. (Jan. 10, 2019) — A next-generation assistive technology lab was officially opened today at The Center for Discovery’s (TCFD) Technology Hub and Incubator (THINC) with the sole purpose of developing new ways to help people with a range of disabilities and complex conditions overcome their limited mobility and interact more easily with the world around them. American Portfolios (AP) has entered into a five-year funding commitment with TCFD through the AP Foundation to establish and operate The American Portfolios Assistive Technology Lab, which is focused on the creation of innovative products, cutting-edge technologies and new assistive devices.
The American Portfolios Assistive Technology Lab will leverage more than three decades of TCFD leadership in the field, and will serve as an incubator and design hub for TCFD’s clinicians and educators to collaborate on new ideas and product development. By sharing resources and knowledge, the American Portfolios Assistive Technology Lab will promote the progressive development of assistive technology interventions that have the potential to provide life-changing benefits for people with complex conditions, including disabled veterans and those with age-related issues.
“Giving back to the community continues to be a major focus for us,” said American Portfolios CEO Lon T. Dolber, who was also honored in 2018 at TCFD Gala event. “I firmly believe that companies have an obligation to be socially responsible and to share that mission with their employees and their clients; leading by example often has the benefit of creating a trickle-down effect. I have seen firsthand how our relationship with The Center for Discovery has transformed our staff members, affiliated colleagues and business partners. Today, AP is honored to be a part of another transformative endeavor—the formal unveiling of the American Portfolios Assistive Technology Lab and the promise this new venture holds for the residents at The Center and the world beyond.”
Since 2010, Dolber has served as the organizational force behind the Adventure Team Challenge, in conjunction with World T.E.A.M., for residents from TCFD, in which groups partake in a series of athletic, recreational and outdoor experiences to provide a sense of achievement and teamwork for those with significant physical and behavioral disabilities. Each year, a number of AP employees, affiliated investment professionals, friends and others volunteers serve as team members and assist TCFD staff in providing essential logistical support.
“For more than 30 years, we’ve been committed to developing assistive technologies and devices for individuals that allow them the right to move—with dignity and with freedom,” said Patrick H. Dollard, president and CEO of The Center for Discovery. “Today, the official opening of the American Portfolios Assistive Technology Lab brings us one step closer to being able to transform lives not just here, but everywhere. We are deeply grateful to Lon and American Portfolios for their unwavering support and commitment, and we look forward to our continued partnership.”
THINC houses five distinct labs: The American Portfolios Assistive Technology Lab, the Walter and Vera Scherr Maker’s Lab, the Discovery Lab, a Digital Design Lab, and a Digital Media Lab. Most recently, a collaborative effort between TCFD clinicians and educators resulted in the design and development of indieGo, an innovative power mobility device that instantly turns almost any manual wheelchair into a power wheelchair. The mission of indieGo, which first debuted as a demo at AP’s annual national conference, Connections 2017, is The Right to Move. It was initially funded and supported by Google.org, the philanthropic arm of Google. THINC is an extension of TCFD’s broader research initiatives, including the development of a comprehensive Research Institute for Brain and Body Health. THINC is located in the hamlet of Hurleyville, N.Y., which is the central location for TCFD’s healthy community model—a wide-ranging effort to reimagine what it means to be a fully-inclusive and sustainable community, including partnerships with school districts, universities, emerging businesses, and new commercial and residential development opportunities.
About American Portfolios
Headquartered in Holbrook, N.Y., American Portfolios Financial Services, Inc. (APFS) is a full-service, independent broker/dealer and member firm of FINRA and SIPC, offering a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products and tax-free investing. Fee-based asset management is offered through its sister subsidiary, American Portfolios Advisors, Inc., (APA), an SEC Registered Investment Advisor. Both entities, along with technology entity American Portfolios Advisory Solutions, LLC, collectively reside under the legal entity American Portfolios Holdings, Inc. (APH). Full-service securities brokerage is available through a clearing firm relationship with Pershing, LLC, a BNY Mellon firm, the securities of which are held on a fully disclosed basis. The company currently serves 830 independent investment professionals located in 383 branch locations throughout the nation. It was named Broker-Dealer of the Year* (Division III) by Investment Advisor magazine in 2015, 2016, 2017 and 2018, as well as one of the top 10 Best Companies to Work for in the state of New York for 2016, 2017 and 2018 by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG).
*Based on a poll of registered representatives conducted by Investment Advisor magazine. Broker/dealers rated highest by their representatives are awarded “Broker/Dealer (B/D) of the Year.”
About The Center for Discovery
The Center for Discovery (TCFD) is a leading provider of health care and education services for more than 1,200 children and adults with complex conditions, medical frailties and Autism Spectrum Disorders, located 90 miles northwest of New York City. Named a Center of Excellence in 2016, TCFD has long been a leader in developing new models of care for individuals with complex conditions. On 1,500 acres of land in Sullivan County, TCFD houses school campuses, residences, medical and research facilities, organic and biodynamic farmland, and leased private businesses. Deeply focused on an individual’s personal potential and possibilities, rather than a disability, TCFD strives to create better care and unique and challenging opportunities for the most vulnerable populations. For more information about TCFD, please visit https://thecenterfordiscovery.org/.