A subsidiary of Ladenburg Thalmann Financial Services Inc.
4400 Biscayne Blvd.
Miami, FL 33137
Clearing firm: National Financial Services LLC
No. advisers: 546
Year founded: 1978
Year end: Dec. 31
No. of retail offices: 360
Recruitment & Staffing
|No. of reps||546||548||519|
|No. of producing reps||473||460||441|
|No. of reps producing $100K-$499K /year||156||174||163|
|Total revenues: Other||$9,693,000||$8,365,890||$8,000,000|
|Total account assets||$13,367,500,000||$12,800,000,000||$12,500,000,000|
|Total account assets: Other||$10,916,407,000||$10,527,503,043||$10,518,500,000|
|Average assets per rep||$24,482,601||$23,357,664||$24,084,778|
|Social Media & Mobile|
|Allows advisers to use social media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||—|
January 5, 2018 - For almost five years, the SEC said the Woodbridge Group of Companies operated a billion-dollar Ponzi scheme, taking advantage of 8,400 investors, many of them elderly. What is striking about the alleged fraud is that it operated in plain sight. On behalf...
September 11, 2017 - As Hurricane Irma lashed the sunshine state from its tip to its top over the weekend, business continuity plans for independent broker-dealers based in Florida kicked in, keeping the firms open for business for thousands of financial advisers. Prior to...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($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...
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....
October 14, 2015 - Voya Financial Advisors Inc., Transamerica Financial Advisors Inc. and four other independent broker-dealers failed to give clients appropriate discounts on large sales of nontraded real estate investment trusts and business development companies, and...
January 5, 2015 - Ladenburg Thalmann Financial Services Inc. on Monday said it had completed its acquisition of Securities Service Network Inc., a mid-sized independent broker-dealer based in Knoxville, Tenn. Ladenburg Thalmann said in September it had agreed to buy Securities...
February 9, 2014 - In September 2012, Adam Thurgood left his position as a senior portfolio manager in Merrill Lynch's personal-investment-advisory program to become a managing director and partner at HighTower Las Vegas. Within a month, he launched a blog called â€śruminATionsâ€ť...
- 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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Managing editor Christina Nelson and senior reporter Mark Schoeff Jr. discuss regulations of consequence to financial advisers in 2018, and their likely timing.
Latest news & opinion
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