Securities America Financial Institutions Division Adds 6 Banks, Credit Unions

Securities America Financial Institutions Division Adds 6 Banks, Credit Unions

LA VISTA, Neb.--(BUSINESS WIRE)-- Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), has signed agreements with six financial institutions representing more than $3.75 billion in assets. The agreements add 15 advisors to Securities America's roster.

"Many financial institutions are looking for non-interest income and adding financial advisors in their client/member offering," said Jim Nagengast, Securities America CEO and president. "After reviewing their options throughout the industry, these financial institutions from across the country selected Securities America as their partner to grow their consumer investment program."

The financial institutions are: Centris Federal Credit Union in Omaha, Neb.; BNC National Bank in Bismarck, N.D.; Clear Lake Bank and Trust in Clear Lake, Iowa; First National Bank of Muscatine in Muscatine, Iowa; Southwest Colorado Credit Union in Durango, Colo.; and CNB Bank in Clearfield, Pa.

The additions bring Securities America's total financial institution relationships to more than 100. The independent broker-dealer made significant investments in its service offering for banks and credit unions last year, adding Mike Anderson to lead the division as first vice president of financial institutions and mergers & acquisitions and William "J" Lavender as regional director for the southern half of the country. The firm's financial institutions division provides specialized support to advisors in banks and credit unions. Securities America also made technology investments to improve reporting and provide secure system access to nonlicensed bank executives and program managers.

"We are pleased with the early progress we have made this year in adding financial institutions," Anderson said. "Securities America's investments in technology and personnel over the past several years are capturing the attention of banks and credit unions that want to expand their brand into untapped markets and drive dollars into both depository and investment products."

About Securities America
Headquartered in La Vista, Neb., Securities America Inc. is the nation's eighth largest independent broker-dealer (as ranked by Financial Planning magazine, June 2012, based on 2011 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 MKT: LTS). Securities America received the inaugural Thought Leadership Award from the Retirement Income Industry Association in March 2011 and the inaugural Bank Insurance & Securities Association (BISA) Technology Innovation Award in March 2013. 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.

Securities America
Natalie Hadley
402-399-9111 ext. 4606
800-747-6111 ext. 4606

KEYWORDS: United States North America Nebraska


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