KNOXVILLE, Tenn., Feb. 6, 2019 /PRNewswire/ -- Securities
Service Network, LLC ("SSN"), a leading independent advisory and
brokerage (IAB) firm and wholly owned subsidiary of Ladenburg
Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS
PrA, LTSF, LTSK), today announced the recruitment of Retirement
Planning Group (RPG), based in Saratoga
Springs, N.Y., which has approximately $180 million in client assets.
Wade Wilkinson, President and
Chief Executive Officer of SSN, said, "We've had an incredibly
productive year of building out all the key groundwork we need to
thrive as a provider of comprehensive solutions to tax-savvy
financial planners who are seeking more sophisticated platforms and
looking for partners that go beyond high-volume turnkey service.
Recruiting RPG demonstrates our success on that front."
Retirement Planning Group consists of three financial advisors,
an insurance coordinator and two support staff. Dave Kopyc, a Chartered Retirement Planning
Counselor with 35 years of financial services experience, leads the
practice. Mr. Kopyc also hosts a weekly radio program called The
Retirement Planning Show.
RPG offers a wide array of services under an integrated team
approach focusing on wealth accumulation and preservation. The
practice specializes in providing pre- and post-retirement planning
for high-net-worth individuals and business owners, which includes
tax planning and tax reduction strategies as well as insurance
solutions.
Throughout 2018, SSN has worked to optimize its ability to
support tax-focused independent financial advisory teams, by
developing the educational resources and analytical tools that
these practices need to serve their clients.
Dave Kopyc, President of
Retirement Planning Group, said, "We affiliated with SSN because it
combines the best of a boutique service culture with high-touch
advisor support, incredible access to the firm's senior leaders and
a friendly approach to the corporate RIA. SSN is also uniquely
positioned to support my practice's efforts to reinforce our
holistic capabilities that orient around tax and insurance
expertise with sophisticated financial planning."
Mr. Wilkinson concluded, "We are eager to welcome Dave and
Retirement Planning Group to the SSN family. His team is a great
example of the kinds of advisory practices that we aim to bring on
as part of our strategic growth plan."
About Securities Service Network, LLC (SSN)
Based in
Knoxville, Tennessee, Securities
Service Network, LLC (SSN), is an independent advisory and
brokerage (IAB) firm founded in 1983 as one of the nation's first
fee-based firms in the independent retail financial advice space.
SSN serves experienced, tax-savvy financial planners seeking to
grow as independent entrepreneurs while retaining organizational
simplicity in their businesses. In addition to providing a
comprehensive range of back and middle office services, SSN also
facilitates opportunities for its affiliated advisors to
collaborate with other members of its advisor community who have
tax advisory credentials and expertise to drive holistic solutions
for end clients.
SSN supports over 330 independent financial advisors with
approximately $13 billion in client
assets, who serve mass affluent and high net worth individuals,
families and business owners across the country. SSN is a
wholly-owned subsidiary of Ladenburg Thalmann Financial Services
Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK), and has been
honored for multiple consecutive years as a top independent firm,
as rated by financial advisors, on WealthManagement.com, a leading
industry media outlet. For more information, please visit
www.joinssn.com.
About Ladenburg
Ladenburg 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
and recruiting. 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.
Media Contacts:
Joseph
Kuo / Michael Dugan
Haven Tower Group
424-652-6520 ext. 101 or 424-652-6520 ext. 106
jkuo@haventower.com or mdugan@haventower.com
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SOURCE Securities Service Network, LLC