Ladenburg Thalmann (LTS) Reports Q1 Loss of $0.05
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Ladenburg Thalmann Reports First Quarter 2015 Financial Results
May 8, 2015 8:00 AM EDTHighlights:
First quarter 2015 revenues of $278.8 million, up 32% year-over-year First quarter 2015 EBITDA, as adjusted, of $10.5 million Record client assets of approximately $127 billion, up 42% year-over-year Trailing twelve month recurring revenue of 71% in independent brokerage and advisory services segment Shareholders equity of $399 million at March 31, 2015 Completed acquisition of Securities Service Network, Inc. on January 2, 2015, adding approximately 450 financial advisors and approximately $13 billion in client assetsMIAMI--(BUSINESS WIRE)-- Ladenburg Thalmann Financial Services Inc. (NYSE... More
Securities America Partners With Envestnet | Retirement Solutions
May 7, 2015 8:48 AM EDTCHICAGO, May 7, 2015 /PRNewswire/ -- Envestnet | Retirement Solutions (ERS), a majority-owned subsidiary of Envestnet, Inc. (NYSE: ENV), Â announces that Securities America, Inc. will offer its more than 2,000 independent advisors access to ERS's leading retirement advisor workstation. Securities America's advisors will be able to leverage ERS's platform to more effectively and efficiently meet the needs of retirement plan sponsors.
"ERS will transform our advisors' practices by providing them with a single, integrated platform to access retirement plan services and solutions," said Paul... More
