William H. Corley, Jr.
FOUNDER, CHIEF EXECUTIVE AND CORPORATE OFFICER

Mr. Corley started his career with Bankers Life and Casualty. In 1986, he founded Corley Financial Services, a full service, Florida-based brokerage firm with membership in the National Association of Securities Dealers. 

In 1989, Mr. Corley took a position as a vice president in the New York office of Global America. He was subsequently promoted to senior vice president and led the firm in retail production and new accounts. When the firm ceased operations, he returned to Florida to help J.W. Charles Financial Services develop a European equity and bond institutional division. The new activity ultimately centered on the banking community in Switzerland, plus other major financial centers of Europe. Four years later, in January of 1993, Mr. Corley joined Merrill Lynch as a Vice President. As in prior assignments with other companies, he built a significant business and earned the President's Club Award.

In 1995, Mr. Corley founded 1st Discount Brokerage (1DB), which began as a two person operation in Lake Worth, Florida.  Since it was founded nearly a decade ago, 1DB has grown both organically and through acquisitions under Mr. Corley’s direction and now includes over 80 offices and over 200 IFCs. Additionally, 1DB has shown profit increases every year since the firm was founded. 1DB now maintains corporate offices in West Palm Beach, Florida and San Francisco, California.
 

Michael Raymond Cornell Fisher
EXECUTIVE VICE PRESIDENT, MEMBER, BOARD OF DIRECTORS

Mr. Fisher was a founding member of 1DB, joining the firm in 1996 after a lengthy career in the ministry. It was there he learned the skills of management, motivation, and team building that he uses today to help 1DB achieve service excellence. His favorite quote is “problems are just solutions waiting to happen”, which is well-appreciated by 1DB brokers who desire a great support system and quick resolution to issues as they arise.

Mr. Fisher initially performed the duties of overseeing the DVP/RVP institutional division with emphasis on settlement of foreign trades for 1DB. He has also served as a sales manager and compliance officer, and continues to be a producing manager. Mr. Fisher is currently responsible for the daily operation of the firm. He also oversees risk management and new IFC assimilation as well as serves on the board of directors for 1DB Financial.

Mr. Fisher focuses much of his spare time in volunteer activities with various community, educational, and religious organizations. He is a prominent speaker given to bringing challenge and accountability to daily life.
 
 
 

 

 

 
 
William Corley
  
 

 

 

 

 

 

 
 
Michael Fisher
  
 

 


Home • About 1DB • News Releases • Site Map • Contact Us

System response times may vary due to a variety of factors,
including trading volumes, market conditions, and system performance.
© 1st Discount Brokerage, Inc. All rights reserved. Member FINRA and SIPC.

Penson is a member of the Securities Investor Protection Corporation (SIPC), which protects securities and cash of the customers of its members up to a maximum of $500,000, of which $100,000 may be cash. More information about SIPC coverage is available at www.sipc.org.

Each client's account is protected up to $150 million, including cash of up to $2 million. The first $500,000 of coverage (including $100,000 on cash holdings) is provided by the Securities Investor Protection Corporation (SIPC). Penson purchases an additional insurance policy through London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter). A $600 million aggregate limit applies as well, which is the most the London Underwriters will pay in the event of liquidation. SIPC insures the assets held in brokerage accounts if the brokerage firm fails. SIPC does not protect investors against investment decline or loss.