Respected Industry Leader Selects Largest Ladenburg Subsidiary
to Help Launch William R. Pintaric & Associates LLC
Securities America, a wholly owned subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA,
LTSL, LTSF, LTSK, LTSH), today announced a strategic alliance with
33-year wealth management industry veteran David Pintaric that will
combine Mr. Pintaric’s deep experience and industry background with
Securities America’s technology, expertise and resources in a
unified effort to launch Mr. Pintaric’s newly formed super-OSJ,
William R. Pintaric & Associates LLC. The announcement further
demonstrates Securities America’s position as a strong partner for
seasoned industry professionals who are seeking to channel their
knowledge and skill in supporting independent advisors into
establishing successful OSJ offices.
Under the new super-OSJ’s growth strategy, Mr. Pintaric will
work with Securities America’s recruiting team and leverage his own
extensive industry contacts in hopes of recruiting new advisors to
the firm. Securities America will also utilize its considerable
experience helping OSJs in their brand-building efforts to assist
Mr. Pintaric in developing his new brand and raising his profile on
social media platforms.
Gregg Johnson, executive vice president of branch office
development and acquisitions at Securities America, said, “We are
very pleased that David Pintaric has selected Securities America to
support him in launching William R. Pintaric & Associates LLC.
David shares the core DNA that we see in our most successful OSJs –
namely, the passion for building a great office that provides the
support, technology, resources and culture advisors need as they
seek to grow throughout their careers. David’s track record of
nurturing growth is lengthy and impressive, and we look forward to
achieving great things together as we support him in the
development of his business.”
Based in Youngstown, Ohio, the new super-OSJ is called William
R. Pintaric & Associates LLC in tribute to his father, a
successful financial advisor and founder of WRP Investments. After
successfully leading his own broker-dealer and later serving as
national director of sales / practice management at SA Stone Wealth
Management, Mr. Pintaric’s desire to chart his own course as an
independent entrepreneur again prompted him to start his new
OSJ.
After evaluating several potential allies to support his new
firm, Mr. Pintaric selected Securities America for its technology,
collegial culture and the career and development opportunities it
offers for growth-minded advisors.
Mr. Pintaric said, “I was very impressed by the strength of
Securities America’s comprehensive platform, including its
technology, services and processes. Most of all, though, I was
impressed by its people. The team at Securities America are simply
great professionals with a deep desire to get better every day at
what they do. They are continually looking for ways to help
advisory practices raise their game and elevate their capabilities,
and for that reason, I knew they were the right firm to work with
as I set forth on my new venture. Our job is to cater to the
advisors and practices we serve. By combining the services of
Securities America with my team, we have what we need to do just
that.”
Mr. Johnson concluded, “Securities America is always on the
lookout for top-tier talent, and when we identify great
professionals with a strong track record in our industry who are
interested in continuing to build on their success, we don’t
hesitate to work with them. We are thrilled to welcome David to the
Securities America family and we look forward to collaborating with
him.”
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 September 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/20191126005124/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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