Securities America Inc.
A subsidiary of Ladenburg Thalmann Financial Services Inc.
12325 Port Grace Blvd.
La Vista, NE 68128
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
Year founded: 1984
Year end: Dec. 31
No. of retail offices: 2,600
Recruitment & Staffing
|No. of reps||2,600||2,506||2,209|
|No. of producing reps||2,600||2,506||2,209|
|No. of reps producing $100K-$499K /year||1,155||912||832|
|Total revenues: Other||$89,950,000||$65,900,000||$57,525,000|
|Total account assets||$86,100,000,000||$86,850,000,000||$66,000,000,000|
|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 media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||Easy access to important client information|
November 8, 2019 - Roger Verboon still remembers one of his first assignments as the practice management consultant in charge of advisor continuity and succession planning. An 85-year-old advisor in California was displaying warning signs of diminished mental capacity....
October 30, 2019 - Ladenburg Thalmann Financial Services Inc. is exploring a sale, but the company is not releasing any details to the 4,400 financial advisers in its network. Bloomberg News reported on Tuesday that Ladenburg is working with an adviser to weigh potential...
October 8, 2019 - The 100,000 former employees of General Electric who are being offered a pension buyout in the form of a lump-sum payment should keep a tight grip on their wallets if they decide to shop around for a financial adviser for guidance and help. GE is trying...
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...
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....
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...
- 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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