Founders Financial Securities

Founders Financial Securities

Todd Shapera founded Founders Financial Securities LLC in 2004, establishing the registered investment adviser in Towson, Maryland. The firm operates as a locally-rooted wealth manager providing financial planning, portfolio management, and pension consulting to a client base that includes individuals, high-net-worth households, trusts, and corporate retirement plans. Michael Shapera serves as a principal alongside Todd Shapera. The practice centers on traditional advisory services: investment management across equity and fixed-income portfolios, retirement plan consulting for small to mid-sized businesses, and integrated financial planning. The firm's registration as an investment adviser with the SEC dates to its founding year and covers discretionary and non-discretionary accounts. Client assets are custodied through third-party platforms typical of an independent RIA. Founders Financial operates from a single office in Towson, a northern Baltimore suburb. The firm's narrow geographic and service footprint reflects the independent RIA archetype — a small team managing concentrated client relationships without institutional backing or a proprietary product shelf. No separate philanthropic vehicle, family office entity, or alternative-investment platform is publicly associated with the firm. What distinguishes the practice structurally is its survival as a fully independent, founder-led advisory in a period when thousands of similar firms have sold to aggregators like Creative Planning, Mariner Wealth Advisors, or Hightower. There is no public record of private equity investment or a merger event.