Menu
Alumni Event Calendar
Calendar View List View Printer-Friendly Version Print View Export as iCalendar Published Events
Event Details
Meet the CEO Speaker Series: David Lerner, CEO
David Lerner Associates

Wednesday, November 12, 2014 6:00 PM - 7:15 PM

David Lerner Associates is a privately held broker/dealer with headquarters in Syosset, New York and branch offices in Westport, CT; Boca Raton, FL; Teaneck and Princeton, NJ; and White Plains, NY. Their product offerings include Apple Real Estate Investment Trusts (REITs), bonds, collateralized mortgage obligations, retirement funds, mutual funds, life insurance, and other services. They have become well known in the New York metropolitan area  for their "Take A Tip From Poppy" radio segments and regularly hold free investment seminars in the tri-state New York area and Florida.

David Lerner was a History and Economics high school teacher in Bayside, New York. To make ends meet, he began to sell mutual funds and life insurance for First Investors in 1961.  In 1976, he founded David Lerner Associates, Inc. with their first office located in Jericho, New York. Today, David Lerner Associates employs approximately 400 people, in its headquarters and satellite offices.  They currently have clients' assets under management of approximately $9 billion. In 2011, David Lerner Associates was voted one of the best large companied to work for in New York State. The company regularly holds free investment seminars. These seminars attract thousands of people every year and are held throughout the tri-state New York area and in Florida.

In the late 1970s, market conditions changed causing the firm to re-assess the value of mutual funds. Lerner began offering tax-free municipal bonds.  By 1980, to cope with rapid expansion, the firm began outsourcing regulatory duties to a third-party firm, Security Pacific, a bond clearinghouse. After finding that Security Pacific "did not follow the rules," Lerner reported the issues to the National Association of Securities Dealers (NASD) and after "months of intense activity and investigation all issues were resolved."

The firm has been recognized as one of the most successful money-raisers in the real estate industry by promoting a steady 7-8% return for mom-and-pop investors. As of June, 2011, the Company had sold approximately $6.8 billion in Apple REIT securities to 122,000 customers since 1992. In 2010 alone they raised $1 billion for one fund.

Lerner has been a notable donor to causes in his community, including the Trey Whitfield School in Brooklyn, which he has supported with $300,000 in donations while helping to raise another $1 million, earning him a spot in the "Donor of the Day" column in the Wall Street Journal. He has for twenty years been the "prime donor" in the Greater Long Island Running Club, which sponsors the annual Police Appreciation Run. In April 2011 Lerner donated $10,000 to the club to help the family of a police officer who had been shot and killed. In January 2012 Lerner presented a check, with the club, to cover school expenses for the children of a slain local ATF agent.

All lectures are FREE and open to the public. Seating is limited, please visit events.lynn.edu/ceo or confirm before attending by calling Florence Dajuste at 561-237-7856.

Location: International Business Center
Goldstein Lecture Suites - 1st FL
Fees: FREE
Contact: Florence Dajuste 561-237-7856
Calendar: Alumni Event Calendar
Category: Cultural
More Information
  Add this single event to my Outlook(TM) Calendar  Add this single event to my Google(TM) Calendar  Add this single event to my Yahoo!(R) Calendar

Connect

Lynn University
Office of Development

3601 N. Military Trail, Boca Raton, FL 33431
Phone: +1 561-237-7467 | Toll free: 877-326-5966
Email: annualgiving@lynn.edu

Privacy Policy | Site Map