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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

Richard Lampen

Ladenburg Thalmann completes Securities America purchase for $150 million

Posted by RJ and Makay on Nov 07, 2011

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merger Ladenburg Thalmann Financial Services Inc. said today that is has completed its previously announced $150 million acquisition of Securities America Financial Corporation and its subsidiaries. Ladenburg picks up 1,700 brokers and $50 billion in assets under management to bring its totals to 2,700 independent financial advisors with approximately $70 billion in total assets.