David Vinciguerra and Giovanni Vitale join largest Ladenburg
subsidiary through Securities America-Affiliated Super-OSJ
Evolution Financial Advisors
Securities America, a wholly owned subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS
PrA, LTSF, LTSK), announced today that JSD Associates has joined
the company’s platform. David Vinciguerra serves as president for
the North Syracuse, New York-based financial services firm.
Together with Vice President Giovanni Vitale, the two highly
experienced advisors manage $151 million in client assets. They
will affiliate with Securities America through Evolution Financial
Advisors (EFA), a Super-OSJ based in Victor, New York with total
assets of more than $2 billion.
Gregg Johnson, Securities America’s executive vice president of
branch office development and acquisitions, said, “We welcome David
Vinciguerra and Giovanni Vitale to the Securities America family,
and we look forward to leveraging our stability, service-oriented
culture and scale to facilitate their continued success. We are
also very pleased to play a key role in the ongoing growth of
Evolution Financial Advisors by assisting them in bringing skilled,
veteran talent like David and Giovanni to their team. Our success
is predicated on providing the resources and solutions our advisors
and branches need to build their ideal businesses, and we are
committed to helping these two outstanding advisors pursue their
aspirations.”
Mr. Vinciguerra and Mr. Vitale, who came on board in May, offer
a range of wealth management services, including goals-based
financial planning and access to carefully selected mutual funds
and annuities. Mr. Vinciguerra has 27 years of experience in
financial services. Mr. Vitale has worked in the industry for 32
years.
Evolution Financial Advisors, one of Securities America’s
fastest-growing Super-OSJs, will provide Mr. Vinciguerra and Mr.
Vitale with an experienced local support staff. The Super-OSJ is
overseen by Victoria Bach, president, and Dale Robert Anderson,
vice president. Evolution Financial Advisors provides independent
advisors with tailored services including coaching and practice
management, product and strategy consultation, marketing support,
business processing and in-house supervision. It supports advisors
utilizing a range of business models, including solo practitioners,
branch offices with multiple advisors and staff, and bank and
credit union-based wealth managers.
David Vinciguerra said, “We chose Securities America for many
reasons, including its track record of stability; friendly,
open-door culture; and innovative service offerings like the Next
Level business coaching program. Moreover, with the backing of
Ladenburg Thalmann, Securities America offers industry-leading
resources and national scale. All of these elements made Securities
America too compelling for us to pass up.”
Giovanni Vitale said, “I am especially excited about how our
transition will help fuel our growth plans. The practice management
guidance we have already received from Securities America will
enable us to streamline our processes, and their product toolkit
will allow us to enhance our wealth management services. With the
additional resources and support of Evolution Financial Advisors,
we are truly poised to build the business we’ve always aspired
to.”
Victoria Bach said, “David and Giovanni are a perfect fit for
our group, and I am honored to work with them. At EFA, we are
dedicated to fostering close relationships with our advisors while
leveraging the power of Securities America and Ladenburg Thalmann
to give them the compliance and business development tools they
need to thrive. We look forward to helping David and Giovanni
achieve even greater levels of success going forward.”
Related Links: https://www.securitiesamerica.com
About Securities AmericaSecurities America, a wholly
owned subsidiary of Ladenburg Thalmann Financial Services Inc.
(NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK), is one of the
nation’s largest independent advisory and brokerage firms, with
more than 2,550 independent advisors and over $90 billion in client
assets as of June 30, 2018.
Securities offered through Securities America, Inc., member
FINRA / SIPC. Advisory services offered through Securities America
Advisors. Securities America and Ladenburg Thalmann Financial
Services Inc. are separate entities from all other entities
named.
About Ladenburg ThalmannLadenburg Thalmann Financial
Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK) 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, Ladenburg Thalmann Annuity
Insurance Services, a 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, 2017 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/20181018005042/en/
Haven Tower GroupMichael Dugan, 424-652-6520, ext.
106mdugan@haventower.comorJessica Caris, 424-652-6520, ext.
104jcaris@haventower.com
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