KMS Financial Services, Inc.
A subsidiary of Ladenburg Thalmann Financial Services Inc.
2001 Sixth Avenue, Suite 2801
Seattle, WA 98121
Clearing firm: Charles Schwab, Fidelity Clearing and Custody Solutions, Pershing LLC, TD Ameritrade
No. advisers: 356
No. franchises: 268
Year founded: 1971
Year end: Dec. 31
For More Information
|CEO||Eric S. Westberg|
|Recruiting Contact||Howard Englehart|
(206) 441-2885, ext. 232
|Compliance Contact||Casey Dougherty|
(206) 441-2885, ext. 270
|Marketing Contact||Deanna Arnold-Frady|
(206) 441-2885, ext. 273
|Technology Operations Contact||Aileen Krohn|
(206) 441-2885, ext. 211
Recruitment & Staffing
|No. of reps||356||322||401|
|No. of producing reps||—||—||322|
|No. of reps producing $100K-$499K /year||—||—||154|
|Total revenues: Other||—||$6,520,143||$3,479,502|
|Total account assets||—||$15,290,000,000||$14,750,000,000|
|Total account assets: Other||—||$9,518,000,000||$9,493,000,000|
|Average assets per rep||0||$38,129,676||$36,151,961|
April 4, 2018 - The Ladenburg Institute of Women & Finance is partnering with The W Source, a nationwide networking organization for female professionals, to help generate referrals for female financial advisers. The partnership is also intended to help drive the advancement...
July 20, 2017 - KMS Financial Services, a Seattle-based hybrid RIA firm, has settled charges that it failed to disclose conflicts of interest stemming from receiving revenue from a third-party broker-dealer. Without admitting or denying the SEC's findings, KMS consented...
April 22, 2017 - As commission revenue continued its decline in 2016 and headwinds from regulators stiffened, the independent broker-dealer industry hit a wall, with the top 25 firms â€” those with roughly $250 million and more in total revenue â€” collectively reporting...
- 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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