Latest News
- Disaster and Business Continuity
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
Miami-based Ladenburg Thalmann Financial Services Inc., a publicly traded financial services company, reports that it has completed its previously announced acquisition of Securities Service Network, Inc., a broker-dealer, registered investment advisor and insurance agency, based in Knoxville, Tennessee.
SSN, founded in 1983, has approximately 450 financial advisors, registered representatives and insurance agents around the country and approximately $13 billion in client assets, with revenues of approximately $115 million for the year ending September 30, 2014, according to a Ladenburg Thalmann statement, which notes also that the SSN management team, including Wade Wilkinson, president and CEO, will continue to operate SSN as a “stand-alone business from its present headquarters in Knoxville.”
Ladenburg’s subsidiaries include broker-dealers Securities America, Inc., Triad Advisors, Inc., Investacorp, Inc., KMS Financial Services, Inc. and Securities Service Network, Inc. as well as Premier Trust, Inc., Ladenburg Thalmann Asset Management, Highland Capital Brokerage, Inc., a life insurance brokerage, and Ladenburg Thalmann & Co. Inc., an investment bank.
Need a Reprint?- Read More:
- broker-dealer,
- mergers,
- registered investment advisor
Leave a Reply