Does anyone on this board work or know someone who works at Ladenburg Thalmann? I'm interested as an established broker to possibly move there, however I don't know any brokers who've had experience with them. If anyone could be of assistance, please respond. Thank you in advance.
The firm itself I believe was formed in the 1870s and is a member of the NYSE. More recently, I know they have been acquiring independent broker-dealers namely Investacorp out of Florida and TRIAD Advisors out of Georgia. From what I gather, they will continue to make acquisitions of broker-dealers as they are very interested in growing this channel. I personally do not know anyone who works for them so I can't offer an opinion 1 way or another. My suggestion to you would be to speak with references perhaps and obtain their latest audited financial statements (assuming they make them available) to help you with your due diligence. Perhaps your local FPA Chapter or another Advisor type association may have more information -- especially the local FPA based in New York City. They may have first hand knowledge which could be useful. Good Luck with your search!