MIAMI--(BUSINESS WIRE)--Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS, LTS PrA) today announced the receipt of the Greater Miami Chamber of Commerce’s “Sand in my Shoes” award by the Company’s Chairman and principal shareholder, Dr. Phillip Frost, and his wife Patricia Frost. Presented by Miami-Dade County Mayor, Honorable Carlos A. Gimenez, and Florida Blue, part of the Blue Cross and Blue Shield Association, the “Sand in My Shoes” recognition is awarded to extraordinary community leaders who have made significant contributions to the region, demonstrating their involvement and dedication to Miami as an exceptional place to live and work.
Richard Lampen, President and Chief Executive Officer of Ladenburg Thalmann Financial Services, said, “Ladenburg congratulates Phil and Patricia on this very well-deserved award, and applaud their selfless and ongoing dedication to the South Florida Region. The Company is proud to have one of the world’s leading businessmen and philanthropists as Chairman of the Board and principal shareholder.”
Dr. Phillip Frost said, “It is with great pride that Patricia and I accept this prestigious award. We look forward to our continued partnership with the Chamber in the years ahead and encourage others to join us as active stewards for the Greater Miami community that so many love and we call home.”
“The Frosts have been outstanding contributors to South Florida for more than fifty years, and we could not have selected two finer people to receive this important recognition,” said Christine Barney, Greater Miami Chamber of Commerce Chairman and CEO of rbb Communications. “Their impact reaches far and wide including medicine, education, art, science, business, technology and philanthropy. The Frosts have not only generously given their treasure, but their talent to lead, inspire and ensure that the Chamber achieves its ambitious goals.”
In addition to his role as Ladenburg’s Chairman, Dr. Frost is Chairman and Chief Executive Officer of OPKO Health, and has had a remarkable career in business, medical research and dermatology. Dr. Frost is a trustee of the University of Miami, Mount Sinai Medical Center, and is a member of the Scientific Governance Board of the Shanghai Institute for Advanced Immunochemical Studies.
Mrs. Frost, an educator, was the Principal of Henry S. West Laboratory School, at the University of Miami, until her retirement in 1993, and is now a member of the Florida Board of Governors, which oversees the state university system. Mrs. Frost is Chairman Emeritus of the Smithsonian American Art Museum Commission and Honorary Chairman of the National Board of the Smithsonian Institution.
Dr. and Mrs. Frost have a variety of philanthropic interests and are currently focused on the University of Miami, including its Frost School of Music, the Frost Art Museum at Florida International University, and Miami’s new Frost Museum of Science. Most recently, the Frosts have undertaken to establish the Frost Scholarship Program to provide support for graduates of the Florida state universities to study for advanced degrees in science, technology, engineering and mathematics at Oxford University.
Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS, LTS PrA) is a publicly-traded diversified financial services company based in Miami, Florida. Ladenburg’s subsidiaries include industry-leading independent broker-dealer firms Securities America, Inc., Triad Advisors, Inc., Securities Service Network, Inc., Investacorp, Inc. and KMS Financial Services, Inc., as well as Premier Trust, Inc., Ladenburg Thalmann Asset Management Inc., Highland Capital Brokerage, Inc., a leading independent life insurance brokerage company, and Ladenburg Thalmann & Co. Inc., an investment bank which has been a member of the New York Stock Exchange for 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.