Paul R. Martel is President of YHBIA which he founded in 1989. He manages client portfolios and serves as Trustee and Executor for many clients and their families. In this role he has counseled many clients on estate and trust planning and has helped many families successfully pass wealth from generation to generation. His trust work has been very valuable to many clients who are vulnerable for reasons of health, aging or other challenges. Paul was also the founder in 2013 of YHB Charitable Endowment, Inc. This non-profit 501C(3) seeks to promote and facilitate the charitable interests of YHBIA clients through the use of donor advised funds. YHB Charitable Endowment now manages over $25 million in client DAF’s and facilitates hundreds of thousands of dollars in gifts to charities each year. Prior to establishing YHBIA, Paul was a Vice President of CIGNA, a major multi-line insurer and provider of investment products and services. He began his career in the investment field in 1978 as a retail broker with Blyth, Eastman Dillon where he gained broad experience in the stock and bond markets.
Paul has over 35 years of investment management experience. In addition, he dedicates much of his spare time to humanitarian work. For many years, he served as President and Board member of Healing the Children, NE. During this time, he organized 12 surgical missions to Ecuador, Colombia, Guatemala and Paraguay providing free surgical care to critically ill, needy children. In 2007, Paul founded his own medical clinic in Riobamba, Ecuador. That clinic is now a four-story, multi-specialty hospital called Hospital Fibuspam. In 2012, Paul founded his own charitable foundation in Ecuador known as Fundacion Internacional Buen Samaritano Paul Martel (FIBUSPAM) and to date the foundation and clinic have provided medical care to hundreds of thousands of children and adults throughout Ecuador. In 2014, Paul founded a U.S. non-profit called PACH (Partners for Andean Communinity Health) to support his work in Ecuador. Paul is the author of “To the Least of These My Brothers,” a collection of essays about his early humanitarian work and “A Humanitarian’s Defense of Capitalism” which examines the contrasts between the paradigms of freedom and socialism.