Securities America Inc.
A subsidiary of Ladenburg Thalmann Financial Services Inc.
12325 Port Grace Blvd.
La Vista, NE 68128
Clearing firm: National Financial Services LLC, Pershing LLC
No. advisers: 2,478
No. franchises: 1,724
Year founded: 1984
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||2,478||2,209||2,078|
|No. of producing reps||—||2,209||2,078|
|No. of reps producing $100K-$499K /year||—||832||840|
|Total revenues: Other||$57,525,000||$58,500,000||$59,400,000|
|Total account assets||$66,000,000,000||$57,800,000,000||$56,600,000,000|
|Total account assets: Other||$39,700,000,000||$35,500,000,000||$35,200,000,000|
|Average assets per rep||$29,877,773||$27,815,207||$27,717,924|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Easy access to important client information|
February 7, 2018 - People are living longer than ever and many retirees aren't prepared for the increased challenges and expenses they will face during all those extra years. Financial advisers often feel ill-equipped to help them, but there are tools that can help them...
February 1, 2018 - LPL Financial Holdings Inc. reported Thursday that it was on track to hit its target of bringing over 70% of the revenue of National Planning Holdings, a company it acquired last year. In its fourth-quarter earnings report, LPL did not report how much...
January 24, 2018 - The Financial Industry Regulatory Authority Inc. is suspending and fining Paul Betenbaugh, a former registered representative with Edward Jones, for impersonating a competing adviser and using that adviser's information to create explicit internet ads...
January 18, 2018 - More financial institutions are bringing text messaging to their advisers. Securities America, a subsidiary of Ladenburg Thalmann Financial Services, has a new app that lets advisers use their personal mobile devices to send and receive texts from clients....
December 27, 2017 - Massachusetts' securities regulator has fined Securities America $125,000 in connection with failure to supervise one of its agents whose radio advertising campaign allegedly used the dangers of Alzheimer's disease to gain access to seniors' brokerage...
December 7, 2017 - LPL Financial has retained Fross & Fross Wealth Management, a $530 million firm previously affiliated with SII Investments, a subsidiary of National Planning Holdings. Fross & Fross, located in the The Villages, Fla., is the latest firm to choose between...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet.
For comments or suggestions about the Adviser Center, please contact us.
Disclaimer: All data and information is the property of InvestmentNews and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews. The data may only be used for internal business use such as to develop a mailing list but the data may not be resold, republished, redistributed, sublicensed or publicly displayed on a web site without the permission of InvestmentNews. All information contained within was obtained through InvestmentNews' annual independent B-D surveys.
After attending a financial services conference, advisers can be overwhelmed by options, choices and tools. What's the first thing they should do when they get back to their office?
Latest news & opinion
Plaintiffs warned the Fifth Circuit that Massachusetts' move against Scottrade signaled that the partially implemented regulation can raise costs for financial firms.
Agency failed to tell survivors that they could switch to a higher retirement benefit later.
As the Boston-based mutual fund giant expands the products and services it brings to the retirement market, some financial advisers say the firm is encroaching on their turf.
Screening out weapons companies has limited downside.
The bank did not properly disclose that it was steering asset-management customers into investments that would be profitable for JPMorgan Chase.