The Financial Times has named Aadil Zaman of Wall Street Alliance Group to its 2020 edition of its 401 Top Retirement Advisers. The list recognizes the top financial advisers who specialize in serving defined contribution (DC) retirement plans across the U.S.Read More
Jim Nagengast, CEO of Securities America Financial and president of Securities America, Inc., was re-elected Friday as the Financial Industry Regulatory Authority's Large Firm Governor...Read More
Financial Planning Ranks Securities America Number Two in Percentage of Female Reps in Annual IBD Elite Rankings
July 09, 2020 | Media Mentions
Securities America is once again in the top tier of Financial Planning’s annual IBD Elite rankings. The independent broker-dealer ranks number two in the percentage of female reps, with 2,608, or 29 percent, of producing reps who are women at year-end 2019. Securities America also ranked number 13 in Total Revenue, Annual Payout, and Clients and Accounts; 10th in Commission Product Revenue, and Fee-based Revenue; and 7th in Home Office Staff.Read More
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