Securities America was named a top 10 firm in several categories in ThinkAdvisor’s annual Broker-Dealer Reference Guide. Securities America ranked sixth in Reps with Their Own RIA (18.7%, with 25% of the Total Rep Force holding a CFP designation), eighth in Gross Dealer Revenue and ninth in Number of Registered Reps.Read More
Six months after acquiring Ladenburg Thalmann and its five broker/dealers in a $1.3 billion deal, Advisor Group will integrate three of those b/ds under the Securities America banner.
The move will leave Securities America and Triad Advisors as the only remaining stand-alone firms from the Ladenburg acquisition. The transition should be completed by the end of the year, according to Advisor Group CEO Jamie Price.
Price said that much of the business functions of the three b/ds slated to merge—Investacorp, Securities Service Network (SSN) and KMS Financial Services—were already being performed by Securities America’s operations group...
Other than a small portion of KMS accounts, no repapering would be needed, according to Price, who said just under 1,000 advisors would be affected by the transition. Larry Roth, a managing partner with RLP Financial Partners, said that the realignment would likely help expedite financial professional’s access to Advisor Group’s technology stack.
“I think this will be quite good for advisors and get them what they need than if they had built it out over time,” he said.Read More
Newly acquired independent broker/dealer Securities America has recruited an Auburn, Ala.-based hybrid advisory practice with $120 million in client assets.
20 / 20 Wealth Management Group, which will affiliate with Arbor Point Advisors, its corporate registered investment advisor, and Bay View Capital Advisory Group, a super-OSJ based in St. Petersburg, Fla., joins from Cetera Advisor Networks.
The move represents a big win for Securities America since its former parent, Ladenburg Thalmann, was acquired by Advisor Group in February.Read More
At Ladenburg Thalmann Financial Services’ annual fee-based advisory conference in January, we welcomed financial advisors, home office executives and strategic partners from across the country. Enthusiasm among the event’s participants was reinforced by new faces from our merger partners at Advisor Group, and our shared message of optimism about the future of our combined company, and our broader industry.
The diversity and success represented by the participants from Advisor Group and Ladenburg was a cause for celebration of all that we have created at Ladenburg over the past 15 years. We have been privileged to help shape the rapid evolution of an industry that, at its core, is all about helping individuals and families across the country to meet their life goals.
In recent months, as we approached the completion of Ladenburg Thalmann’s merger with Advisor Group, we have reflected on our remarkable journey. Our transaction with Advisor Group is more than just one of the largest and most high-profile deals in the history of our industry – it is a culmination of strategy and execution by many individuals, with lessons for our broader industry.Read More
January 24, 2020 | Media Mentions
This is the second year of ThinkAdvisor's Top Women in WealthTech recognition program. Janet Levaux talks with Doreen Griffith, executive vice president and chief information officer of Securities America, and one of only 15 female leaders honored for their work in wealth-management technology and innovation in financial services.Read More
December 19, 2019 | Media Mentions
Goldstein & Associates, a Wisconsin-based wealth management firm with six advisors and $565 in client assets, is joining Arbor Point Advisors, which provides the advisory services of Securities America.
According to Gregg Johnson, the executive vice president of branch office development and acquisitions at Securities America, advisors acquired by Arbor Point have the chance to adopt a hybrid business model by affiliating with Arbor Point and Securities America or can join as an RIA-only advisor with Arbor Point or Securities America Advisors, the company's other corporate RIA; Goldstein & Associates are joining as a hybrid.Read More
December 13, 2019 | Media Mentions
Securities America entered into a strategic alliance with industry veteran David Pintaric to help launch William R. Pintaric & Associates LLC as a Super Office of Supervisory Jurisdiction, Securities America said Tuesday.
The Super-OSJ combines Pintaric’s 33 years of experience in the wealth management industry with the technology, “expertise and resources” of Ladenburg’s largest subsidiary, according to Securities America, which said it had 2,600 independent advisors and about $97 billion in client assets as of Sept. 30.Read More
October 29, 2019 | Media Mentions
Although most IBDs did quite well last year, Securities America, near the top at #3, is one of only two of the 10 fastest-growing IBDs also listed on Financial Planning magazine's 10 largest...Read More
September 24, 2019 | Media Mentions
Rather than rushing into acquisitions, it pays for younger advisors to be aware of the M&A best practices that can be particularly helpful for under-40 professionals in this industry, many of whom are approaching such transactions for the first or possibly second time.
Here are a few important takeaways from Securities America's 2019 NxG Conference that younger advisors should keep in mind as they prepare themselves to be successful buyers...Read More
September 10, 2019 | Media Mentions
In September 2018, the inaugural Securities America NxG Conference for next-gen advisors – billed as “not-your-parents’ conference” – brought together 30 advisors under age 40. Attendees split into practice management expert-coached teams and developed business plans to grow their practices by five times in three years.
Securities America is dedicated to increasing the number who join, remain and succeed in the financial services industry and its NxG Conference re-envisions practice management for younger advisors by offering an educational, success-driven event designed specifically for an earlier stage in their careers.
The NxG Conference provides a much-needed educational stepping stone for young advisors’ career paths in the financial services industry. Read more on page 89...Read More