American Portfolios, the Long Island-based independent broker/dealer headed by Chairman Lon Dolber, has hired Joseph "Joby" Gruber, the former head of FSC Securities, as president of national sales and marketing; he also has joined American Portfolios' executive committee. Gruber will be commuting from his home in Atlanta and working part-time, at least at first, in American Portfolios' Holbrook, New York, headquarters.
American Portfolios was founded by Dolber, opening for business on September 11, 2001, and has distinguished itself through its advanced technology; in the June 2010 directory of independent broker/dealers published by Investment Advisor, the B/D reported it had 608 producing registered representatives as of April 1, 2010. It reported
