June 29, 2018 | Press Releases
Securities America Announces Election of CEO Jim Nagengast to FINRA Board of Governors
Securities America announced that Securities America CEO and President, Jim Nagengast, has been elected to the Financial Industry Regulatory Authority (FINRA) Board of Governors.
Jim Nagengast said, “I would like to thank the firms that voted for me and the Financial Services Institute for its endorsement. The success of our campaign reflects broad support for the four cornerstones of my election platform: ending rulemaking by enforcement, enhancing transparency at FINRA, making it easier to do business with FINRA and promoting diversity in our industry. I’m excited to work closely with my new FINRA board colleagues to help shape our industry’s future in ways that both protect investors, while easing excessive regulatory burdens that reduce access to professional financial advice for Main Street investors. As a FINRA board member, I will actively encourage industry leaders to reach out and share with me their issues and concerns, as part of my broader mission to represent our industry and serve the investing public.”
Richard Lampen, President and CEO of Ladenburg Thalmann, said, “On behalf of the Ladenburg organization and its independent advisory and brokerage subsidiaries, we congratulate Jim Nagengast on his election to FINRA’s Board of Governors. The need among individuals and households across the country for access to professional financial advice is greater than ever. It is essential for the FINRA board to include seasoned industry leaders such as Jim, who thoroughly understand how to best serve both investors and advisors. We’re grateful for the support for Jim’s candidacy from across the industry, and we’re confident that Jim’s unique perspectives and expertise will add considerable value to FINRA’s board.”
About Ladenburg Thalmann
Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF) is a publicly-traded diversified financial services company based in Miami, Florida. Ladenburg’s subsidiaries include industry-leading independent advisory and brokerage (IAB) firms Securities America, Triad Advisors, Securities Service Network, Investacorp and KMS Financial Services, as well as Premier Trust, Ladenburg Thalmann Asset Management, Highland Capital Brokerage, a leading independent life insurance brokerage company, Ladenburg Thalmann Annuity Insurance Services, a full-service annuity processing and marketing company, and Ladenburg Thalmann & Co. Inc., an investment bank which has been a member of the New York Stock Exchange for over 135 years. The company is committed to investing in the growth of its subsidiaries while respecting and maintaining their individual business identities, cultures, and leadership. For more information, please visit www.ladenburg.com.
Haven Tower Group for Securities America
Julius Buchanan, 424-652-6520, ext. 114
Jessica Caris, 424-652-6520, ext. 104