Foundation Financial Group promotes Kelly to executive vice president

Top Quote Financial services group realigns executive management for 2011 expansion plans. End Quote
  • Raleigh-Durham-Chapel Hill, NC (1888PressRelease) February 25, 2011 - Preparing for its aggressive expansion in 2011, Foundation Financial Group promoted an executive vice president from within the financial services company's growing organization.

    Effective immediately, Roy Kelly takes over as executive vice president for Foundation Financial Group. As the company's expansion continues, Kelly's appointment to executive vice president will be vital throughout the transition.

    "It's with great expectations that we announce Roy's new role as executive vice president at Foundation Financial Group," said Mark W. Boyer, chief executive officer of Foundation Financial Group.

    An active community member, Kelly enjoys helping others in achieving their goals. His passion has consistently followed him throughout his career. After graduating from the University of South Florida with a Bachelor of Science in finance, Kelly went on to become the district sales manager and then vice president for HSBC Bank USA. After 22 years of climbing to the top, Foundation Financial Group recruited Kelly as general division manager to join its unique and ambitious corporate culture.

    "I have enjoyed my time with this company and strive to continue growing both professionally and personally within my new position," Kelly said.

    Foundation Financial Group opens a new center in Rochester, N.Y., later this month and plans further expansion out West with Illinois and Texas centers opening in the second quarter.

    On Jan. 3, Foundation Financial Group began offering additional financial services, including insurance, wealth management and tax services, through affiliate companies under the Foundation Financial Group umbrella. The expansion will result in new job creation as well as moving Foundation Financial Group from a mortgage lender to a comprehensive financial services company, fulfilling its name of Foundation Financial Group.

    Foundation Financial Group grew its mortgage originations by 14 percent in 2010. According to mortgage industry-tracking source, MortgageStats.com, the top 10 U.S. mortgage lenders dropped a collective 26 percent in mortgage originations for the same period.

    Foundation Financial Group is currently hiring for 270 full-time employees at its six major mortgage centers across America.

    About Foundation Financial Group
    Foundation Financial Group, one of the nation's fastest-growing financial services companies, specializes in mortgage lending, property and casualty insurance, life insurance, wealth management, retirement planning and personal and corporate tax services. Expanding in 2011, Foundation Financial Group operates six regional centers in Atlanta, Charlotte, N.C., Jacksonville, Fla., Raleigh, N.C., Rochester, N.Y., and Savannah, Ga. Foundation Financial Group maintains mortgage operations headquarters in Atlanta and executive headquarters in Jacksonville. Founded in Atlanta in 1998, Foundation Financial Group offers mortgage refinancing and first-time buyer lending through traditional financing, as well as Federal Housing Administration and other government-backed home loan programs. Foundation Financial Group enjoys an industry-leading Federal Housing Administration compare ratio and an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives. For more information, call 866-334-1001 or go to http://www.onlineffg.com.

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