Press Releases

Left to right: Tom Harris, EVP and chief distribution officer of Penn Mutual, Beth Drucker, event planner of Drucker Wealth Management, Lance Drucker, president and CEO of Drucker Wealth Management, and Tim Donahue, president and CEO of HTK.

HORSHAM, Pa. – June 6, 2019 – Hornor, Townsend & Kent, LLC (HTK), a wholly-owned subsidiary of The Penn Mutual Life Insurance Company, announces Lance Drucker, ChFC®, CLU® as the winner of the annual HTK Blue Chip Award for 2019. HTK, a broker-dealer and registered investment adviser, presents this prestigious award to one of its more than 800 financial advisers each year.

The winner of the HTK Blue Chip Award is a financial adviser who exemplifies the principles and values of HTK. To qualify for the award, the recipient must be a top sales performer and demonstrate the highest level of integrity in meeting the needs of clients. Drucker, who has been an adviser with HTK and Penn Mutual for more than 30 years and the No. 1 adviser at HTK for more than 10 years,¹ was selected by the HTK leadership team for his exceptional work in serving clients and his impact on the financial community.

Drucker is the president and CEO of Drucker Wealth Management (DWM), a New York City-based financial services firm that was established by his father, Bernard Drucker, in 1959.

“Representing our clients with the utmost integrity is at the center of what we do every day at DWM. A strong work ethic and unwavering commitment to clients has guided our work since my father founded our firm, and from a young age, these values were instilled in me,” says Drucker. “I am proud to receive this award from HTK and to uphold the highest standards of service excellence to our clients.”

DWM works with retirees, business owners and professionals, with a specific focus on the needs and concerns of women in transitional stages of life to help them achieve financial peace of mind. Drucker is the author of “How to Avoid Bag Lady Syndrome: A Strong Woman's Guide to Financial Peace of Mind,” and has been a called-upon financial services expert for The Wall Street Journal, CBS News, USA Today, New York Post, New York Magazine and other media. The third generation of DWM, Gideon Drucker, CFP®, specializes in helping young professionals avoid HENRY Syndrome^TM, build wealth and achieve financial independence.

In addition to his extensive work in the financial services industry, Drucker is a proud sponsor of military veterans. For the past seven years, Drucker has organized the Polar Bear Plunge fundraiser for Folds of Honor, an organization that provides educational scholarships to the children and spouses of fallen and disabled military service members.

“It is a pleasure to present this award to Lance, and it is especially fitting that he would receive this award during HTK’s 50th anniversary year. We congratulate Lance and thank him for his decades of outstanding service to clients and the community,” says Tim Donahue, president and CEO of HTK.

¹Based on yearly production levels/Gross Dealer Concession.

About HTK
HTK is a broker-dealer and registered investment adviser supporting independent financial advisers across the U.S. For more than 50 years, HTK has been the trusted partner supporting advisers on their path to success. HTK is committed to offering advisers the independence to build their practice their way through the delivery of a flexible platform, leading solutions and personalized service. Hornor, Townsend & Kent, LLC (HTK) is a wholly-owned subsidiary of The Penn Mutual Life Insurance Company. Member FINRA/SIPC. Visit www.htk.com.

Contact
Stephanie Kensy
HTK
(215) 956-8337
skensy@htk.com

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The requirements of the HTK Blue Chip Award do not evaluate the quality of services provided to clients and is not indicative of the applicant’s future client performance.