HOLBROOK, N.Y. (Nov. 28, 2017) — American Portfolios Financial Services, Inc. (AP), a privately-held, independent broker/dealer which provides services and support to financial advisors throughout the United States, continues its long-standing support of World T.E.A.M. Sports (WTS) by raising funds and participating in Face of America (FOA) Liberty, a one-day bicycle and hand-cycle ride to honor military veterans who have been injured or disabled during their service.
An integral part of AP’s mission is to be a good corporate citizen—locally, nationally and globally. Of the firm’s ongoing commitment to Corporate Social Responsibility (CSR), CEO Lon T. Dolber, who serves as the vice chairman of WTS, imparts, “I believe that a company has a responsibility to do good work by putting their resources and capital into the community. When I think of our proudest, most unified moments, it is those where our employees and affiliated colleagues have engaged outside of our business and work environment, serving as responsible citizens to help make their communities better.”
Since 2007, AP has been a proud participant and sponsor of WTS, a non-profit organization that for the last 24 years has remained true to its mission to “change lives through sports.” The firm has actively contributed its time and resources each year to events that encourage and challenge disabled men, women and children to accomplish feats they never dreamed possible. AP has raised nearly $1 million for the organization since its involvement, earning the distinction of being among the top fundraisers for WTS. Team American Portfolios raised a total of $92,875 in charitable donations for the 2017 FOA bike ride alone.
Like its annual sister ride, FOA Liberty is suitable for all athletes, including those who are adaptive. FOA Liberty was created and is managed by AP affiliated financial advisor James McCauley Jr., of Armonk, N.Y., who served in Vietnam. McCauley—a top fundraiser for and a regular participant in the annual WTS FOA two-day bike ride from Washington, D.C., to Gettysburg, Pa.—developed the Liberty ride along with Paul Tyler, a WTS board member and Rye, N.Y., resident, with the aim to improve the lives of more adaptive athletes by providing the option of a one-day ride. Many of the military veterans who participate in the rides live with debilitating, service-related injuries and PTSD; the ride serves as a means to improve their physical fitness and provide a therapeutic outlet through teamwork and comradery. “As someone who’s been involved in various civic causes over the past decade, I’ve come to the conclusion that the best way to make the most impact is by providing one-on-one help to someone in need,” McCauley says of his socially responsible efforts. “Being involved with an organization like World T.E.A.M. Sports affords that type of interaction and the result is mutually beneficial on so many levels.”
What began in October 2015 as a trial event with 30 athletes and a supporting crew proved to be an enjoyable and doable ride along the Hudson River route, and worthy of including as one of WTS’ flagship events. On Sunday, Oct. 8, 12 members of Team American Portfolios were among the 60 athletes who gathered for the inaugural FOA Liberty, which began its 54-mile route at the United States Military Academy at West Point and traveled south along the Hudson River to One World Trade Center in Manhattan. Team American Portfolios was among the leading fundraising teams, raising $6,650 for WTS. Top individual fundraisers included McCauley ($5,605), AP focus partner Lead Product Specialist Kevin McCarthy of Hilton Capital Management, LLC ($3,500) and AP affiliated financial advisor Mark Huntley of Ludlow, Vt., ($1,225).
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 803 independent investment professionals located in 368 branch locations throughout the nation. It was named Broker-Dealer of the Year* (Division III) by Investment Advisor magazine in 2015, 2016 and 2017, as well as one of the top five Best Small/Mid-Size Company to Work for in the state of New York for 2016 and 2017 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 World T.E.A.M. Sports
World T.E.A.M. Sports (WTS) is a 501(c)(3) not-for-profit organization chartered in North Carolina and headquartered in Holbrook, N.Y. Since 1987, WTS has organized athletic events for disabled and able-bodied citizens—mountain climbing, white water rafting, bicycling and more. Their mission is to change life through sports. WTS uses athletics to challenge people to accomplish goals they once deemed impossible. Through every WTS event, participants with disabilities build their self-confidence and enhance their physical fitness. During athletic challenges, disabled and able-bodied participants learn to work together as a team to overcome physical, emotional and technical challenges. Annual WTS events include: Adventure Team Challenge, Coastal Team Challenge, CanAm Veterans’ Challenge, Face of America and Sea to Shining Sea.