Securities America Announces That Knight Investments Group Has Joined Its Platform
October 08 2019 - 6:00AM
Business Wire
Arkansas-based Group With Approximately $160 Million in Total
Client Assets Drawn to Largest Ladenburg Subsidiary’s Culture and
Technology
Securities America, a wholly owned subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA,
LTSL, LTSF, LTSK, LTSH), today announced that it has successfully
recruited Knight Investments Group, Inc., an independent wealth
management practice in Russellville, Ark. with approximately $160
million in total client assets, to its platform.
The announcement further underscores Securities America’s
position as a leading destination for successful practices and
groups that are seeking strong technology and a friendly and
collaborative culture.
Gregg Johnson, Securities America’s executive vice president of
branch office development and acquisitions, said, “Already a
thriving practice for years, Knight Investments Group was searching
for a stable, supportive partner with strong technology,
outstanding practice management support and a culture that aligned
with their own. Securities America is pleased to partner with them
to help them reach the next stage in their growth through our
open-door, collaborative culture and our family-oriented
approach.”
The head of Knight Investments Group, Nathan Knight, began his
nearly two-decade career in the financial-services industry as an
insurance agent. He continues to hold licenses to market property,
casualty, life and health insurance, in addition to his securities
licenses. The group’s other producing advisor, Jamie Taber, has
spent 20 years in the industry, including 19 years as a securities
fund analyst and asset manager. She also spent 12 years working in
securities litigation law.
Nathan Knight said, “When we started searching for a partner to
help us reach the next level of growth, we knew we needed strong
technology going forward and practice management support, which are
areas where we believe Securities America excels. Additionally, the
cultural fit will make it easier for us to concentrate on serving
our clients.”
Gregg Johnson concluded, “At Securities America, our mission is
to give independent financial advisors the support they need to
grow. We focus on the future but keep a steady hand on the present.
When practices join with us and our parent company Ladenburg
Thalmann, they have partners dedicated to their success. We’re
excited to welcome these advisors to our platform.”
About Securities America Securities America, a wholly
owned subsidiary of Ladenburg Thalmann Financial Services Inc.
(NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK, LTSH), is one of
the nation’s largest independent advisory and brokerage firms, with
2,600 independent advisors and approximately $97 billion in client
assets as of June 30, 2019.
Securities offered through Securities America, Inc., member
FINRA / SIPC. Advisory Services offered through Securities America
Advisors, Inc. Securities America and Ladenburg Thalmann Financial
Services Inc. are separate entities from all other entities
named.
About Ladenburg Thalmann Ladenburg Thalmann Financial
Services Inc. (NYSE American: LTS, LTS PrA, LTSL, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191008005148/en/
Chris Clemens / Andrew Wang Haven Tower Group 424-317-4854 or
424-317-4859 cclemens@haventower.com or awang@haventower.com
Related Links: https://www.securitiesamerica.com
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