Securities America in the News

LA VISTA, Neb. – July 18, 2019 – Securities America, a wholly-owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK, LTSH), today announced the successful recruitment of Nittany Brokerage Financial, a multi-service independent financial advisory practice in central Pennsylvania with $182 million in total client assets. The announcement further underscores Securities America’s position as a leading destination for successful independent practices looking to take the next step in their business’ growth trajectory.

Gregg Johnson, Securities America’s executive vice president of branch office development and acquisitions, said, “We are thrilled to onboard a practice with as strong a track record of growth as Nittany Brokerage Financial. Dean, Suzanne and the firm’s other advisors have done a stellar job of growing their business through a consistent and deep-rooted commitment to client service, and we look forward to providing them with the practice management support, technology and flexibility they need to continue growing, along with our expertise in succession planning and practice acquisitions to help them meet their long-term strategic goals. With the resources of Securities America behind them, the sky’s the limit for Nittany Brokerage.”

Founded in 2005, Nittany Brokerage is based in State College, Pa., and includes six advisors. The firm offers a comprehensive range of wealth management and financial planning services to businesses, families and individuals, and serves many clients who are employees of the state (or commonwealth) of Pennsylvania. Nittany also provides complementary services such as customized auto, home, commercial, group health and life insurance solutions.

Nittany Brokerage is led by President Dean Johnson and OSJ Suzanne Johnson, who have built their business on a fundamental belief that everyone deserves advice on financial and life planning. Mr. Johnson noted that their team was impressed by Securities America’s size, stability, and commitment to advisors’ independence, as well as its strong technology platform and the breadth of resources available to advisors affiliated with Ladenburg’s IAB firms.

Dean Johnson, president of Nittany Brokerage Financial, said, “We want this to be our last broker-dealer change, so we were looking for an established partner that has staying power in the industry. We found that in Securities America. We were also blown away by the platform and leading-edge technology Securities America provides to its affiliated advisors. After seeing all that they have to offer, we were convinced that we can count on Securities America and Ladenburg to support our long-term growth.”

Gregg Johnson concluded, “We are in the business of helping practices like Nittany Brokerage flourish. When groups join Securities America, they join a family of like-minded professionals who are solely interested in seeing them succeed. Advisors are the lifeblood of what we do, and we look forward to collaborating with Nittany Brokerage for years to come.”