Securities America Adds Branch with $100 Million in Client Assets


Securities America Adds Branch with $100 Million in Client Assets

Clements Group Chooses BD for Top-Tier Retirement Plan Support

LA VISTA, Neb.--(BUSINESS WIRE)-- Securities America Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), is pleased to announce the addition of the independent branch Clements Investment Group LLC of Durango, Colo.

Formerly with United Planners Financial Services, Clements Group has approximately $1.1 million in annual revenue and more than $100 million in client assets. With five financial advisors and four office staff, the Clements Group has its main office in Durango with an additional office in Farmington, N.M.

Jim Clements, founding owner of Clements Group, said the group chose Securities America because of the assistance and improvement the broker-dealer can provide with retirement plan regulations and 401(k) business management.

"We needed a partner that had a full line of services available to its advisors, especially from the retirement plans standpoint," Clements said. "We are excited to be here, and we look forward to enhancements for our retirement plan line up, the ability to process business more effectively and support for meeting our goals for growth over the next couple years."

Founded in 1981 to "help people retire," the Clements Group advisors are committed to maintaining the highest standards of integrity and professionalism in their relationship with clients, and endeavor to know and understand clients' financial situations while providing them with high quality information, services and products to help them reach their retirement goals.

"The Clements Group went through an exhaustive due diligence process that included many top-tier broker-dealers in the independent space," said Gregg Johnson, senior vice president of branch office development and acquisitions. "We are extremely pleased that they chose to become a part of the Securities America family. We are working closely with them to ensure a smooth transition and to provide them with our extensive business growth and practice management resources."

About Securities America

Headquartered in La Vista, Neb., Securities America Inc. is the nation's seventh largest independent broker-dealer (as ranked by Financial Planning magazine, June 2011, based on 2010 total revenue). For more than 25 years, Securities America's mission has been to foster the success of financial professionals so they can provide quality, objective counsel and services to their clients. Advisors benefit from the firm's industry-leading programs in practice management, advisory services and retirement income distribution, supported by state-of-the-art technology. Founded in 1993, Securities America Advisors Inc. is an SEC-Registered Investment Advisory firm that offers investment management, financial advice and financial planning through a national network of independent financial advisors. Securities America Financial Corp. is a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE Amex: LTS). Securities America received the inaugural Thought Leadership Award from the Retirement Income Industry Association in March 2011. Additional information is available at

Advisory services offered through Securities America Advisors, Inc., an SEC Registered Investment Advisory Firm. Securities offered through Securities America, Inc., member FINRA/SIPC. Clements Investment Group and the Securities America companies are unaffiliated.



Impact Communications
Leslie Swid, 913-649-5009

KEYWORDS: United States North America Colorado Nebraska


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