Hall Financial adds 20 positions in 2010, plans to open N. Carolina, Florida offices

Hall Financial isn't just about the mortgages it sells, but the people who sell them. That's where the new company's founder, David Hall, sees his firm's strength.

The Bloomfield Hills-based business has hired half a dozen people since we checked in with them last fall, expanding its staff to 20 employees within its first year. Hall Financial's revenue has increased by 30 percent since fall 2010, and the firm is planning to build up to 50 percent revenue growth by this fall.

"Every month we have done more business than before," says Hall, president of Hall Financial. "We continue to grow and hire people. The key is good people. If you don't have good people you don't have anything."

Hall, the long-time pitchman and executive at Quicken Loans and Rock Financial, started his own mortgage company last year. He has since grown the firm to 3-4 times its original size, prompting it to move from downtown Birmingham to bigger space in Bloomfield Hills. Hall is currently planning to expand into new markets this year and possibly open offices in Florida and North Carolina.

"A year from now, I think we'll be doing twice the business that we're doing now," Hall says.

Source: David Hall, president of Hall Financial
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Hall Financial adds 20 positions in 2010, plans to open N. Carolina, Florida offices

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