Securities America Welcomes Kaufman
Kaufman, 38, joined Securities America from Woodbury Financial Services following a July deal announcement by American International Group (AIG) that it plans to purchase Woodbury.
"It's hard to lose a culture that you were happy with, but it is even harder to find a new family that is in alignment with your principles and values, and emphasizes the relationship as most important," said Kaufman, who served as a member of Woodbury's Advisory Council. "When I had the opportunity to meet the folks in Omaha face-to-face, and realized what down-to-earth, high quality professionals they were, I knew they could best serve me in assisting my clients. I feel very comfortable with my new family at Securities America."
Kaufman joined the financial services industry in 1996 at American Express Financial Advisors. After leaving American Express, he went into the bank environment for a few years before deciding to go independent. In 2005, Kaufman joined SunAmerica Securities, an AIG affiliate, where he created his own branch office. He then moved to SagePoint Financial, only to have the broker-dealer acquired by AIG shortly after his transition. To better meet his clients' needs, Kaufman moved to Woodbury in 2009 and continued to grow his business.
"There are many great people at Woodbury, but given my personal experiences and past dealings with the potential new purchaser, I thought it would be hard for me to go back to my clients and explain that we were re-affiliating with the parent company," he said.
In addition to the culture, two other highlights drew Kaufman to join Securities America.
"The first was the ability to act in a fiduciary capacity in the retirement plan markets that I currently serve, as Securities America is at the forefront of understanding that fast-changing environment," Kaufman said. "The second was Securities America is the only broker-dealer I talked to where you can run your entire practice on any smartphone or mobile device, which is absolutely huge for me given how much time I spend out in the field. I think Securities America's technological solutions are going to simplify my business. Everyone in the financial services industry says technology is the most important thing, but when the rubber meets the road, you have to have solutions to do business anytime and anywhere, and Securities America has that."
Kaufman's branch has nearly $1.3 million in annual revenue. He currently holds the Series 7, 63 and 65 licenses. His business, Koi Wealth Management (www.KoiWealth.com), is located in Rocklin, Calif.
"We are excited to welcome Ryan and his branch to the Securities America family," said Gregg Johnson, senior vice president of branch office development and acquisitions. "Ryan is a tremendous businessman who brings a high level of energy and a business plan that includes growth and recruiting high quality advisors. We are working closely with him to ensure a smooth transition and to provide him with our extensive technology, practice management and business growth resources."
About Securities America
Headquartered in La Vista, Neb., Securities America Inc. is the nation's eighth largest independent broker-dealer (as ranked by Financial Planning magazine, June 2012, based on 2011 total revenue). For more than 25 years, Securities America's mission has been to foster the success of financial professionals so they can provide quality, objective counsel and services to their clients. Advisors benefit from the firm's industry-leading programs in practice management, advisory services and retirement income distribution, supported by state-of-the-art technology. Founded in 1993, Securities America Advisors Inc. is an SEC-Registered Investment Advisory firm that offers investment management, financial advice and financial planning through a national network of independent financial advisors. Securities America Financial Corp. is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS). Securities America received the inaugural Thought Leadership Award from the Retirement Income Industry Association in March 2011. Additional information is available at www.securitiesamerica.com.