Securities America Recruits the Lanzetta Group
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK), announced today that the Lanzetta Group, a Super-OSJ group with approximately $175 million in total client assets and 11 advisors, has joined the firm’s platform.
John Lanzetta, principal of independent wealth management firm LifeSpan Financial in Quakertown, Pa, serves as the group’s OSJ.
Gregg Johnson, Securities America’s executive vice president of branch office development and acquisitions, said, “The advisors of the Lanzetta Group have a proven track record, and we are excited to welcome them to our platform. The group sought an independent advisory and brokerage partner that combined stability, friendly service and a tight-knit culture with the extensive resources of our parent company, Ladenburg Thalmann, to support their growth. Securities America is committed to taking already-strong performers like the Lanzetta Group to the next level with our industry-leading technology, training and support, and we are pleased that our value proposition in serving large producer groups continues to resonate with advisors across the country.”
The 11-advisor Lanzetta Group, which includes practices located in Pennsylvania, Connecticut and Florida, provides individuals, as well as small businesses and their employees, with a broad range of financial services, including long-term retirement planning, wealth management advice, assistance with employer-sponsored qualified retirement plans and insurance strategies.
Mr. Lanzetta said, “Over the years, our advisors have built successful businesses by consistently focusing on their clients’ needs. Each advisor in our group has their own approach and their own vision of success. What really impressed us during our extensive due diligence process was Securities America’s understanding of the full range of those businesses, along with their ability to support each one of them. With Securities America’s resources, infrastructure and respect for our advisors’ independence, we look forward to stepping our growth into high gear. We are now able to drive even stronger results for our advisors and better service for our clients.”
Mr. Johnson concluded, “Joining Securities America’s platform positions the Lanzetta Group to remain the independent, client-focused advisors they have always been, while also tapping into the power of our practice management expertise, thought leadership in retirement income planning and other areas, and value-added technology capabilities. We bring to the table a proven ability to help advisors achieve real growth, meaning we empower them to create practices that fulfill their expectations for quality of life for themselves, for their teams and for their clients.”
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