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|
October 18, 2017 - Private equity investors have their eyes on the financial advice market, but there's a debate brewing among industry executives over the merits of using that private capital. "Here's a news flash, Charlie: the independent space has been discovered. Everyone...
October 7, 2017 - DAN ARNOLD, THE NEW CEO of LPL Financial Holdings Inc., is making bold moves to increase profitability at the nation's largest independent broker-dealer, and while he's pleasing Wall Street, some LPL affiliates and advisers are questioning how they fit...
August 25, 2017 - LPL Financial's acquisition this month of the National Planning Holdings Inc. network of four broker-dealers with 3,200 reps and advisers certainly has the independent broker-dealer industry abuzz, but transactions involving smaller broker-dealers are...
August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...
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,...
- 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.
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Latest news & opinion
Comparing a firm's pay to the competition can point out vast flaws.
Sure signs that clients may be on the way out the door.
Flows to advisory accounts, while still higher than the start of 2016, dropped off more than 20% from Q2 and were the lowest in a year.
Median compensation hovers just under $100,000 on the low end and reaches nearly $300,000 for bosses.
All 634.403 reps have been ranked based on factors such as prior regulatory disclosures, disciplinary actions and employment history.