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: 2,600

No. franchises: 1,639

AUM: $86,100,000,000

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

Payout grid is available to Data Center subscribers only.

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2018 2017 2016
Total revenues$803,500,000$637,300,000$535,725,000
Commission revenues$311,500,000$257,600,000$229,700,000
Fee revenues$402,050,000$313,800,000$248,500,000
Total revenues: Other$89,950,000$65,900,000$57,525,000
2018 2017 2016
Total account assets$86,100,000,000$86,850,000,000$66,000,000,000
Fee-based assets$39,200,000,000$38,100,000,000$26,300,000,000
Total account assets: Other$46,900,000,000$48,750,000,000$39,700,000,000
Average assets per rep$33,115,385$34,656,824$29,877,773
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

Finra bars former Securities America rep in private-securities sale query

August 27, 2019 - The Financial Industry Regulatory Authority Inc. has barred former Securities America rep Bobby Wayne Coburn for failing to appear at a hearing looking into his sales practices. [More: Finra bars no-show former Cetera rep] In March, Securities America...

Insurgent Chris Flint wins contested Finra election for big-firm board seat

August 19, 2019 - In a contested election for a large-firm seat on the board of the Financial Industry Regulatory Authority Inc., insurgent candidate Chris W. Flint has won over incumbent Andrew S. Duff, who was selected to run by the Finra board's nominating committee....

Top clearing and custody firms for financial advisers

August 17, 2019 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2018 Contact Phone/email Pershing One Pershing Plaza, Jersey City, NJ 07339 (800) 445-4467 pershing.com 625 -4.40% Michael Row Chief relationship...

SEC charges Massachusetts RIA with fraud

August 13, 2019 - The Securities and Exchange Commission has charged registered investment adviser Richard G. Duncan, of East Longmeadow, Mass., with defrauding two retail clients by persuading them to invest over $300,000 in an apparent scam originating in Turkey. (More:​...

Clients Aren't Afraid of Technology. Are You?

August 1, 2019 - Tech-Savvy Advisors Have More Clients, Higher Assets Than Old-School Peers Losing an assistant after four years with a practice might leave some advisors scrambling to keep up with scheduling and meeting preparations. Not Billy and Nick Vail with Integrity...

New York RIA head sentenced to 13 years for Ponzi scheme

August 1, 2019 - The head of a suburban New York RIA, Hector May, who pleaded guilty last December to stealing $11.5 million from investors in a Ponzi scheme, has been sentenced to 13 years in prison and ordered to pay $8.4 million in restitution. (More:​ Securities...

Insurgent candidate vies for large-firm seat on Finra board

July 26, 2019 - An insurgent candidate for the Finra board of governors said the body needs more input from large firms that provide financial advice and investment products. Chris W. Flint, president and chief executive of ProEquities Inc., has been nominated by petition...

Finra, looking into fraud, bars former Securities America rep

May 28, 2019 - The Financial Industry Regulatory Authority Inc. has barred former Securities America rep Michael Bastardi for failing to provide it with information in connection with an inquiry into his conduct. Mr. Bastardi, who was registered through Securities America...

    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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