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: 2,209
No. franchises: 1,460
Year founded: 1984
Year end: Dec. 31
No. of retail offices: 2,209
Recruitment & Staffing
|No. of reps||2,209||2,078||2,042|
|No. of producing reps||2,209||2,078||1,982|
|No. of reps producing $100K-$499K /year||832||840||829|
|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||$27,717,924|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Easy access to important client information|
May 16, 2017 - Broker-dealers, which loudly complain about increasing costs due to regulation such as the Department of Labor's fiduciary rule, are actually seeing one regulatory expense decrease this year: the annual assessment firms pay to the Securities Investor...
May 7, 2017 - In a highly unusual move by an independent broker-dealer, Triad Advisors Inc. is suing a group of former advisers who left the firm to start their own broker-dealer. Last October, Triad sued the advisers, David Millican, Jeffrey Shaver and Joseph Young,...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($M) % change vs. 2015 2016 commission revenue ($M) % change vs. 2015 2016 fee revenue ($M) % change vs. 2015 2016 other revenue ($M) % change vs. 2015 1 LPL Financial...
March 2, 2017 - Almost six years after reaching a settlement with the Massachusetts Securities Division, Securities America Inc. will make a final payment of $1 million to investors, many of them seniors, who bought promissory notes issued by Medical Capital Holdings,...
January 24, 2017 - Striking a conciliatory tone with broker-dealers, Robert Cook, the recently appointed head of Finra acknowledged Monday night that he'd heard loud and clear the complaints brokerage industry executives had with their principal regulator. Since stepping...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
January 11, 2017 - The specter of the Department of Labor's fiduciary rule is accelerating the demise of L-share variable annuities. Variable annuities sold in an L-share class had already been reeling prior to the DOL issuing the final version of its conflict-of-interest...
November 18, 2016 - Ron Carson, one of LPL Financial's best known, longest-tenured financial advisers, is leaving the firm, according to a source with knowledge of the move. Mr. Carson, whose firm Carson Wealth Management, has $7.4 billion in client assets, will join a broker-dealer...
- 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.
Latest news & opinion
Some proactive planners are spelling out for clients the impact of a 10% or 20% correction.
Labor Secretary finds no legal basis to delay implementation; rule to become applicable June 9
Former assistant Labor secretary who crafted the rule says President Trump won't be able to get rid of it simply because he doesn't like it.
Attrition, cuts in training programs and new competition make it difficult to fill job openings
As Trump agenda derails, municipal bonds are benefitting from flight to safety as well as a mismatch between bonds maturing and new issues.