Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK), announced today that it has recruited Betcher Financial Group, a network of nine advisors with approximately $250 million in client assets. The announcement further demonstrates the strength of Securities Americas value proposition in serving producer groups with a diverse array of business models.
Betcher Financial Group advisors operate from two locations, with founder and president Joe Betcher heading the Sterling Heights, Michigan office, while 24-year industry veteran Matt Brosky leads the St. Clair, Michigan group. The group looks forward to growth and recruiting opportunities now that they have affiliated with Securities America, Betcher said.
Gregg Johnson, Securities Americas executive vice president of branch office development and acquisitions, said, We are very pleased to announce Betcher Financial Groups decision to join Securities America. Joe Betcher and his team have established a successful network by focusing on outstanding service and protecting their clients from risk. Their affiliation with us provides further evidence of the power of the Securities America platform to support producer groups across the full range of business models in our industry. We look forward to supporting Betcher Financial Group as part of the Securities America family.
Betcher Financial Group serves as a single source for a wide range of financial services for its clients, including retirement planning, investment management, estate planning, tax planning and asset protection. The firm focuses on tax-favored retirement funding, business insurance planning, and income and wealth replacement strategies. Betchers philosophy is that the foundation of a solid financial plan should be guarding against loss of income, while protecting clients families, businesses and assets.
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Joe Betcher said, Betcher Financial Group has become a trusted source of financial guidance by focusing on income planning for our clients and by understanding that the first priority for most investors is safety. With its excellent technology platform, established position as a retirement income planning thought leader, and ability to support our team while also empowering us to operate independently, Securities America provided a uniquely compelling value proposition for our group. Combined with the deep resources and nationwide footprint that its parent company, Ladenburg Thalmann, brings to the table, we knew that Securities America was the ideal partner to help us take the next step in our ongoing growth trajectory. We look forward to collaborating with the Securities America team to expand our recruiting efforts and our businesses, and to further elevate the exceptional service experience we provide to our clients.
Mr. Johnson concluded, One of our key areas of focus in working with producer groups is to provide seamless support for their recruiting efforts. We are eager to help Joe and his team progress toward their goal of growing their business through expanded recruiting in concert with a truly independent advisory and brokerage partner that gives them full operating autonomy while providing full support for their insurance and advisory-focused model.
Related Links: https://www.securitiesamerica.com
About Securities America Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK), is one of the nations 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 Thalmann 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. Ladenburgs 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.