American Portfolios to Formally Present Patchogue Theatre for the Performing Arts with $25,000 Sponsorship Donation During Public Ceremony

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HOLBROOK, N.Y. (March 10, 2020)—American Portfolios Financial Services, Inc. (AP)—a privately-held, independent broker/dealer that services financial advisors across the country—is pleased to announce that it will present Patchogue Theatre for the Performing Arts (PTPA) with a $25,000 donation during a formal ceremony to recognize the firm’s sponsorship of the not-for-profit arts organization. The event is to be held on Tuesday, March 17, 2020, at the theatre, located at 71 East Main St. in Patchogue, N.Y., prior to a St. Patrick’s Day performance by The Red Hot Chilli Pipers. The ceremony will include AP CEO Lon T. Dolber, in addition to members of the firm’s senior management team, and will be presided over by PTPA Executive Director Gary Hygom.

“As a corporate citizen, American Portfolios has taken a long-term stakeholder approach toward sustainability by implementing a business strategy that considers every dimension in the ethical, social, environmental, cultural and economic realms,” states Dolber. This corporate sponsorship, which is made possible through the firm’s non-profit arm, American Portfolios Foundation, Inc., is part of an effort to benefit community arts in Long Island, N.Y., by providing generous support in both funding and involvement for their mission to help communities flourish through the arts and education. “While we aspire to touch upon many aspects of sustainability, we have always been committed to serving people and places we are connected to—more specifically, through our Corporate Social Responsibility efforts, in which AP gives us a platform to do good work in our communities, in turn making the world a better place for everyone.  Patchogue Theatre shares our philosophy to do the same,” Dolber concludes.

“We could not be more proud and grateful to have American Portfolios by our side to help us fulfill our mission to serve everyone in our Long Island community through programming in music, theatre, dance, film and educational programs that reach into schools across Nassau and Suffolk counties,” says Hygom. “As a not-for-profit arts institution, it is imperative that we partner with organizations like AP, whose interest and support make it possible for us to be a place for information, education and entertainment, as well as make our facility a conduit for other not-for-profits to help uplift others and keep this Island a more caring and beautiful place to live.”

Long Island’s historic Patchogue Theatre originally opened in 1923, attracting Broadway productions, silent films, burlesque, vaudeville and live music performances. Patchogue Theatre operates under the leadership of a volunteer board of directors, through a non-profit arts organization, which leases the building from The Village of Patchogue and covers all costs of operating the building, including programming, without any taxpayer subsidies. The theatre relies on donations to support its mission to keep the arts alive on Long Island and to sustain community growth.

Dolber possesses a personal and professional association with Patchogue Theatre, at which That Motown Band (Dolber’s passion project) has held fundraisers for AP’s various Corporate Social Responsibility (CSR) initiatives and, most recently, an employee appreciation event. AP firmly believes the sponsorship of the local not-for-profit arts organization will fit seamlessly into its sustainability and CSR goals. The independent broker/dealer is in the planning phase of several awareness campaigns to benefit the theatre, including employee volunteering and identifying a symbiotic relationship between the theatre and the firm’s associations with other charitable organizations.

AP’s ongoing association with not-for-profit organizations include: World T.E.A.M., which organizes athletic events for adaptive and able-bodied citizens to achieve a common goal; The Center for Discovery, 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; Virtual Enterprises International, Inc., an experiential learning program that fosters the nation’s future business leaders; Honor Flight – Long Island, a non-profit organization that provides military veterans with free trips to visit the war memorials located in Washington, D.C.; Long Island Cares, which provides nutritional food and support services for a network of more than 580 community-based member agencies, including food pantries, soup kitchens, emergency shelters, child care programs, disability organizations, veteran  services programs and more; and The Butterfly Effect Project, a program that empowers young girls by giving them the tools to assist in achieving emotionally-stable and self-confident futures, in hopes of bringing forth a generation of women who are strong, independent and knowledgeable.

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 supports 841 independent investment professionals—inclusive of registered assistants—and more than 375 non-registered associates, located in 395 branch locations throughout the nation.  It was named Broker-Dealer of the Year* (Division III) by Investment Advisor magazine for five consecutive years (2015-2019); a 2019 Industry Award Finalist in the category of Enhanced Customer Service Support**; one of the Best Companies to Work for in the state of New York for four consecutive years (2016-2019) by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG); and one of the Top Long Island Workplaces for 2018 by Newsday.

* 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.”

** Industry Award finalists are selected by a panel of independent judges made up of subject matter experts in the industry. Award is based on support provided to AP’s affiliated people and does not reflect public customers nor their account performance.

About American Portfolios Foundation, Inc.

American Portfolios Foundation, Inc.—a 501(c)(3) not-for-profit organization originally created in New York in 2004, amended in 2018 and headquartered in Holbrook, N.Y.—is intended as a non-profit entity designed to advance awareness, assistance and support for charitable causes. Board members include AP CEO Lon T. Dolber, president; AP Chief Administrative Officer Dalchand Laljit, vice president; and AP Chief Financial Officer Damon Joyner, treasurer/secretary. Additionally, various roles are held by members of AP headquarters staff. The board meets on a quarterly basis to discuss its existing relationships with various charities and to determine the focus for various upcoming initiatives that will require the foundation’s services and support.

About Patchogue Theatre

Patchogue Theatre for the Performing Arts (PTPA) is a 501(c)(3) not-for-profit arts organization that enriches, educates and entertains a diverse audience by cultivating and showcasing a broad variety of performing artists. Patchogue Theatre serves as an innovative cultural resource for its community and the Long Island region by collaborating with neighboring organizations and fostering educational opportunities.