- Business
- Ladenburg Thalmann Financial Services, Inc. (LTSH) operates as a diversified financial services holding company providing independent brokerage and advisory services, investment banking, capital markets, asset management, equity research, institutional sales and trading, wholesale life insurance brokerage, and trust services through subsidiaries including Ladenburg Thalmann & Co. Inc., Securities America, Triad Advisors, Securities Service Network, Investacorp, KMS Financial Services, Premier Trust, and Highland Capital Brokerage; core offerings encompass securities brokerage, mutual funds, variable annuities, fixed annuities, equity-indexed annuities, long-term care insurance, advisor-managed accounts, options execution, unit trusts, investment advisory programs, compliance support, and research services to independent financial advisors, institutional clients, and retail investors across the United States. Founded in 1876 and headquartered in Miami, Florida, the company supports over 4,000 financial advisors managing approximately $125 billion in client assets, with a focus on middle-market financing, wealth management, and insurance solutions. In recent developments, Ladenburg Thalmann completed its $1.3 billion merger with Advisor Group in February 2020, forming a wealth management platform with 11,300 advisors and over $450 billion in assets; appointed Barry Steiner and Mike Gideon as co-CEOs of Ladenburg Thalmann & Co. Inc. in May 2024, Daniel Blood as Co-Head of Investment Banking and Head of Financial Institutions Group, and veteran REIT analyst Floris van Dijkum to expand its equity research platform; and hosted the Virtual Oncology Innovators & Investors Symposium in November 2024 while launching initiatives like the Dynamix website for its investment bank.