LA VISTA, Neb.--(BUSINESS WIRE)--Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS, LTS PrA), is pleased to welcome Legacy Advisor Network of Fitchburg, Wisc.
The move positions the 104-year-old firm to build on its long history in the Madison, Wisc., area by benefitting from Securities America’s advisory services, practice management, technology and recruiting support, said Legacy Advisor Network CEO and President David Sorensen.
“Securities America offers stability of ownership and direction in addition to extensive wealth management resources. That all fed into the decision,” Sorensen said.
Sorensen and the 15 advisors of the Legacy Advisor Network have $150 million in client assets.
“We are excited that Legacy Advisor Network has chosen Securities America for their new partner, and look forward to building a long-term relationship with Dave and this group,” said Gregg Johnson, executive vice president of branch office development and acquisitions. “Our business growth experts are working with them to help them build on their success with our innovative technology, practice management and advisory programs.”
About Securities America
Securities America is one of the nation’s largest independent broker-dealers with more than 2,000 independent advisors and $60 billion in client assets.
Securities offered through Securities America, Inc., member FINRA/SIPC. Advisory services offered through Securities America Advisors, an SEC-registered investment advisory firm. Legacy Advisor Network and Securities America are separate entities.