MIAMI--(BUSINESS WIRE)--Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS, LTS PrA) today announced the appointment of Richard Lampen, Ladenburg’s President and Chief Executive Officer, as the 2017 Chair of the Financial Services Institute’s (FSI) Board of Directors. FSI is an advocacy organization for independent broker-dealers and independent financial advisors.
Dale Brown, FSI President & CEO, said, “Dick is well suited to lead FSI as Chair given his familiarity with the vast opportunities and challenges facing the financial services industry from his role overseeing Ladenburg’s network of firms in the independent broker-dealer and advisory space. We look forward to working with Dick as our industry continues to grow and we continue to fulfill our mission to best help our advisors serve their clients.”
“I am excited and honored to serve as the 2017 Chair for the FSI Board,” said Lampen. “In my current role as Vice Chair, I have witnessed first-hand the tremendous impact that FSI has on the industry, and look forward to continuing the important work we are doing to ensure that all individuals have access to quality and affordable financial services.”
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.
About the Financial Services Institute (FSI)
The Financial Services Institute (FSI) is the only organization advocating solely on behalf of independent financial advisors and independent financial services firms. Since 2004, through advocacy, education and public awareness, FSI has successfully promoted a more responsible regulatory environment for more than 100 independent financial services firm members and their 160,000+ affiliated financial advisors – which comprise over 60% of all producing registered representatives. We effect change through involvement in FINRA governance as well as constructive engagement in the regulatory and legislative processes, working to create a healthier regulatory environment for our members so they can provide affordable, objective advice to hard-working Main Street Americans. For more information, please visit financialservices.org.