Get To Know Our Founder
I founded Mitlin Financial, Inc., in 2004 with a focus on prioritizing the families we serve. The Mitlin team consistently helps those families make healthy financial decisions and offer a tremendous experience that leverages personalized service with today’s top tools and technology.
We get a lot of questions about why the firm is named Mitlin Financial, even though my last name is Sprung. There’s an interesting story behind the name, and I think it helps to illustrate what Mitlin Financial is all about.
Mitlin Financial is named in memory of my wife’s grandfather, Mitchell, and my mother, Linda. My mom is more than just the “lin” in Mitlin – she is the reason I do what I do. As a teen, I watched my parents struggle with their finances as my mom battled breast cancer for more than a decade, and this became the driving force that led me on my journey to founding Mitlin Financial.
I was also inspired by the story of Mitchell, though I never met him. But I’ve heard countless stories about his giving nature and willingness to lend an open ear. When I was forming Mitlin Financial, I thought a lot about these two people who, remarkably, passed away within hours of each other. I feel that they embody so many of the qualities we want to have in our firm, and to this day, we keep their stories in mind and strive to bring the values they exhibited to everybody we work with.
You can hear more of the Mitlin story in Episode 1 of the Mitlin Money Mindset™.
During my more than 20 years in financial services, I’ve found there are a lot of industry terms and concepts that can seem confusing to outsiders. In many cases, they’re really not, and that’s why I work with those we serve to break down complex financial topics into easy-to-understand concepts. I want to make sure they understand the tailored financial plan being laid out for them.
Today, I lead the planning and asset management services at Mitlin, in addition to focusing on business development. I’m also committed to offering educational workshops where I share my knowledge and insights on a diverse set of financial topics. I am a frequent speaker at industry conferences and regularly film the firm’s “Mitlin Minute” videos that provide important information on relevant financial topics. I also host the Mitlin Money Mindset™ podcast.
I earned a bachelor’s degree in mathematics from Binghamton University before entering the financial services industry in 1996. Helping the families we serve pursue – and even set higher-reaching – financial goals continuously inspires and energizes me.
Today, I am proud to serve the second and third generation families. I’ve seen firsthand how strong financial habits, instilled in parents, children and grandchildren, can impact a family’s wealth and wealth stewardship for generations.
I have received several industry recognitions, including being named a 2019 finalist for the Invest in Others For Community Service Award for my work in the mental health space. I was also included on the Long Island Business News “40 Under 40” list, which recognizes distinguished professionals who give back to the community, and received a 2017 Top Financial Executive Award.
I am honored to have been recognized by ThinkAdvisor as a LUMINARIES 2022 Finalists in the Thought Leadership Individuals Category.
And I am incredibly proud to have been named to the Investopedia 100 Top Advisors in 2021, and even more humbled to make their Top Ten list for 2022. It is a true honor to be on this list with so many working to make an impact in the industry.
Outside the office, one of my greatest passions is raising awareness for mental health. I spent more than 12 years on the National Board of the American Foundation for Suicide Prevention, and sit on its financial and investment committees. With my wife, Denise, we have raised more than $1.7 million for the organization through the Keith Milano Memorial Fund. The fund was created at AFSP in memory of my brother-in-law.
I also volunteer through Family Reach provided pro-bono financial planning services to those dealing with a cancer diagnosis.
I value my family tremendously, and my desire to do right by my wife and sons drives who I am in and out of the office. You’ll likely find my family and me at any number of ice hockey events on a given weekend.
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Investopedia 100 Top Financial Advisors (2021 & 2022): Awarded to Larry Sprung. Advisors who wished to be ranked self-submitted or peer-submitted answers to questions compiled by Investopedia. Rankings were determined based on number of followers and engagement on social media, primary contribution to professional industry websites and their focus on financial literacy. An advisor’s ranking on this list does not ensure that a client or prospective client will experience a higher level of performance or results, nor a guarantee of future investment success.
ThinkAdvisor’s 2022 Luminaries Award for Thought Leadership & Education awarded to Lawrence Sprung. Nominations are submitted on an application basis, and nominees are selected by judging panel and editorial team based on the panel’s assessment of the nominee’s impact on their firm, its advisors, and the broader professional community and industry.
Best piece of financial advice received:
Pay yourself first!
“The Richest Man in Babylon”
Something on your bucket list:
To skydive, even though I am not fond of heights
Place you’d most like to visit: