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: 452
No. franchises: 268
Year founded: 1971
Year end: Dec. 31
No. of retail offices: 1
Recruitment & Staffing
|No. of reps||452||448||401|
|No. of producing reps||338||341||322|
|No. of reps producing $100K-$499K /year||172||172||154|
|Total revenues: Other||$15,273,075||$9,684,731||$6,520,143|
|Total account assets||$16,400,000,000||$17,900,000,000||$15,290,000,000|
|Total account assets: Other||$9,323,758,349||$10,445,063,680||$9,518,000,000|
|Average assets per rep||$36,283,186||$39,955,357||$38,129,676|
November 12, 2019 - The 4,400 financial advisers working for Ladenburg Thalmann Financial Services Inc., soon to be bought by the Advisor Group, are not likely to see retention bonuses in their immediate future,. Advisor Group said Monday night that it was buying Ladenburg...
November 8, 2019 - Ladenburg Thalmann Financial Services Inc. has been hit with fallout from GPB Capital Holdings. Ladenburg reported Friday morning that since July, one of its broker-dealers has been named in six customer arbitration complaints seeking $1.65 million in...
November 1, 2019 - Advisor Group and Cetera Financial Group, along with a private-equity investor, are the likely buyers of Ladenburg Thalmann Financial Services Inc., according to several industry sources, with the value of the brokerage network and its 4,400 financial...
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...
August 13, 2019 - Ladenburg Thalmann's latest technology investment is going to Newday Financial Technologies, a startup focused on providing millennials with low-cost impact investing strategies. Newday is an asset management firm that develops investment funds oriented...
- 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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