ATLANTA, Nov. 21, 2019 /PRNewswire/ -- Triad Advisors, LLC
("Triad" or "the Firm"), a wholly owned subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA,
LTSL, LTSF, LTSK, LTSH) ("Ladenburg") and a leading independent
advisory and brokerage (IAB) firm supporting independent hybrid
financial advisory practices, announced today that it has
successfully recruited Strategic Wealth Advisors ("SWA"), a hybrid
practice based in El Paso, Texas,
with four advisors and $150 million
in total client assets. The addition of SWA to Triad's corporate
registered investment adviser, Triad Hybrid Solutions, underscores
the value Triad offers entrepreneurial advisors seeking to bolster
their growth, efficiency and client experience.
SWA is led by Founding Partner and Head of Investment Management
Henry Gallardo, who has more than three decades' experience as a
financial advisor, serving middle-income retirees and pre-retirees
across southwest Texas.
Nathan Stibbs, Triad's Executive
Vice President and Chief Strategy Officer, said, "From the first
time we spoke with Henry and his
team, we realized they were just the type of firm that is a perfect
fit for Triad. They possess all of the key intangibles we consider
when adding new advisors: they're entrepreneurial, ambitious and
have potential for long-term growth. By leveraging our hybrid
registered investment adviser platform, we believe they will be
able to build a scalable model for growth and upgrade their
technology, operations, and client experience."
SWA provides its clients with an integrated financial planning
and wealth management experience that may touch on insurance,
investments, education, retirement and estate planning, and
business planning. The firm serves clients through both fee-based
and transactional service models, according to clients' needs and
preferences.
Mr. Gallardo said, "As some services are becoming increasingly
commoditized in the current industry environment, Strategic Wealth
Advisors is doubling down on providing our clients with the key
intangibles and service mentality they expect and deserve from a
white-glove, boutique advisory experience. When we met with the
team at Triad, we quickly saw they were completely aligned with our
mission and offered the resources, knowledge, and platforms to
support us in pursuing it. Additionally, we viewed them as the best
partner for us because we believe they are well positioned to meet
our business needs as we grow. For us, it's a great match."
Mr. Stibbs concluded, "Advisors today have uniquely different
priorities that are focused on speed, efficiency, and platform
flexibility. They want a partner, not a platform, and Triad has the
size, scale, and experience to deliver a solution. This is why
advisors like SWA place their trust and confidence in Triad as
their partner."
About Triad Advisors
Headquartered in Atlanta, GA, Triad Advisors, LLC is a
national, independent advisory and brokerage firm as well as a
multi-custodial SEC-registered* investment adviser that is an early
pioneer and continued leader in the hybrid registered investment
adviser marketplace. The company provides a comprehensive platform
of products, trading and technology systems, as well as customized
wealth management solutions. Recognized as one of the most
successful and fastest-growing independent firms in the industry
(including being named the leading firm for hybrid registered
investment advisers ten years in a row by Investment Advisor
magazine), Triad Advisors is a wholly owned subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS
PrA, LTSF, LTSK, LTSH). For more information, please visit
www.triad-advisors.com.
* SEC registration does not constitute an endorsement of the
firm by the Commission nor does it indicate that the adviser has
attained a particular level of skill or ability.
About Ladenburg Thalmann
Ladenburg Thalmann Financial
Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK, LTSH)
is a publicly-traded diversified financial services company based
in Miami, Florida. Ladenburg's
subsidiaries include industry-leading independent advisory and
brokerage (IAB) firms Securities America, Triad Advisors,
Securities Service Network, Investacorp and KMS Financial Services,
as well as Premier Trust, Ladenburg Thalmann Asset Management,
Highland Capital Brokerage, a leading independent life insurance
brokerage company and full-service annuity processing and marketing
company, and Ladenburg Thalmann & Co. Inc., an investment bank
which has been a member of the New York Stock Exchange for over 135
years. The company is committed to investing in the growth of its
subsidiaries while respecting and maintaining their individual
business identities, cultures, and leadership. For more
information, please visit www.ladenburg.com.
This press release includes certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements regarding future growth.
These statements are based on management's current expectations or
beliefs and are subject to uncertainty and changes in
circumstances. Actual results may vary materially from those
expressed or implied by the statements herein due to changes in
economic, business, competitive and/or regulatory factors, and
other risks and uncertainties affecting the operation of Ladenburg
Thalmann's business. These risks, uncertainties and contingencies
include those set forth in Ladenburg Thalmann's annual report on
Form 10-K for the fiscal year ended December
31, 2018 and other factors detailed from time to time in its
other filings with the Securities and Exchange Commission. The
information set forth herein should be read in light of such risks.
Further, investors should keep in mind that Ladenburg Thalmann's
quarterly revenue and profits can fluctuate materially depending on
many factors, including the number, size and timing of completed
offerings and other transactions. Accordingly, Ladenburg Thalmann's
revenue and profits in any particular quarter may not be indicative
of future results. Ladenburg Thalmann is under no obligation to,
and expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise, except as
required by law.
Media Contacts:
Chris
Clemens / Andrew Wang
Haven Tower Group
424 317 4854 or 424 317 4859
cclemens@haventower.com or awang@haventower.com
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SOURCE Triad Advisors, LLC