Securities America Inc.

Securities America Inc.

A subsidiary of Ladenburg Thalmann Financial Services Inc.

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12325 Port Grace Blvd.

La Vista, NE 68128

(800) 747-6111

securitiesamerica.com

Clearing firm: Charles Schwab, Fidelity Clearing and Custody Solutions, National Financial Services LLC, Pershing LLC, TD Ameritrade

No. advisers: 2,588

No. franchises: 1,639

Year founded: 1984

Year end: Dec. 31

No. of retail offices: 2,600

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEOJim Nagengast
Recruiting ContactGregg Johnson
(800) 747-6111
E-mail
Compliance ContactMatt Kinsella
(800) 747-6111
E-mail
Marketing ContactJanine Wertheim
(800) 747-6111
E-mail
Technology Operations ContactDoreen Griffith
(800) 747-6111
E-mail

Recruitment & Staffing

2018 2017 2016
No. of reps2,6002,5062,209
No. of producing reps2,6002,5062,209
No. of reps producing $100K-$499K /year1,155912832

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2017 2016 2015
Total revenues$637,300,000$535,725,000$551,900,000
Commission revenues$257,600,000$229,700,000$250,500,000
Fee revenues$313,800,000$248,500,000$242,900,000
Total revenues: Other$65,900,000$57,525,000$58,500,000
2017 2016 2015
Total account assets$86,850,000,000$66,000,000,000$57,800,000,000
Fee-based assets$38,100,000,000$26,300,000,000$22,300,000,000
Total account assets: Other$48,750,000,000$39,700,000,000$35,500,000,000
Average assets per rep$34,656,824$29,877,773$27,815,207
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
LinkedIn
Twitter
Dedicated mobile application for advisers?Y
Primary purpose of mobile applicationEasy access to important client information

IBD report: Another impressive year

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Hybrid managing $459 million switches to Securities America from Ameriprise

March 22, 2019 - Syntegra Private Wealth Group, a St. Louis, Mo.-area group of six hybrid advisers managing $459 million in assets, has switched its broker-dealer affiliation from Ameriprise to Securities America. Syntegra will also use Arbor Point Advisors, Securities...

Securities America hit with lawsuit seeking $18 million in damages

March 21, 2019 - Securities America Inc. is dealing with the fallout from a rogue broker it fired last year, who was later charged with running a Ponzi. The firm now faces a lawsuit alleging that a family suffered $18 million in losses after working with the adviser since...

Your Next-Gen Advisor's Road to Success Starts Long Before Day One

March 6, 2019 - If you are among those looking to bring on extra help in the form of an associate advisor, you're probably eager to fill that position and get your new hire up and running as quickly as possible. But rushing headlong into the hiring process can have negative...

Phillip Frost sells most of his Ladenburg Thalmann shares

December 24, 2018 - Months after being charged with securities fraud by the SEC, Phillip Frost, the former chairman of Ladenburg Thalmann Financial Services Inc. and the largest shareholder, has sold most of his stake back to the firm. In a press release Monday afternoon,...

Ex-Securities America broker suspended for hidden options trades that hurt client

December 11, 2018 - A Securities America broker who was fired has been suspended from the industry for six months in the wake of allegations that he traded options in a client's account without notifying his firm. The broker, Michael D. Jackson, recommended that a customer...

Ameriprise Financial signs on $444 million team from FSC Securities

October 30, 2018 - Ameriprise Financial Inc. has signed on a $444 million team from FSC Securities Corp. Dale Cebert, a financial adviser based in The Villages, Fla., was with FSC Securities for four years before joining Ameriprise. Mr. Cebert, whose new title is private...

LPL reels in $520 million team from rival Cambridge

October 18, 2018 - LPL Financial said on Thursday that a large, 14-person team in Cedar Rapids, Iowa, with $520 million in client assets recently left Cambridge Investment Research Inc. to join LPL. Premier Investments of Iowa is led by Jeff Johnston, president, and Brock...

    Notes
  • 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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