Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA), announced today that Professional Investors Network LLC has joined its independent advisory and brokerage platform.

Headquartered in South Windsor, Connecticut, Professional Investors Network is an independent Super OSJ with 70 financial advisors and $1.7 billion in client advisory and brokerage assets. Its offices are primarily in Connecticut, Massachusetts and New York.

“The financial advisors in our group are fiercely independent,” said Bill Brice, managing partner of Professional Investors. “When we started the search for a new partner, we knew we needed a firm that respects our culture.”

“Professional Investors made it clear when we met with them that independence defined who they are, both as individual professionals and also as a group of like-minded advisors with a true sense of community,” said Gregg Johnson, Securities America executive vice president of branch office development and acquisitions. “We’re not just comfortable with the Super OSJ model that Professional Investors is built on, we support it. It’s at the heart of who we are.”

For more about Securities America

Technology was also high on Professional Investor’s list of expectations. “We thought we already had great technology and wanted to maintain that level. But when we saw what Securities America offered, it exceeded all our expectations,” Brice said.

Freedom of choice was a deal clincher. While the advisors of Professional Investors are happy to delegate a lot of responsibilities to the home office, they wanted to keep open the possibility of one day forming their own RIA. “It was clear from the beginning of our talks that we had a lot of options,” Brice said. “Securities America leadership was totally open to it.”

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Securities America has the expertise to efficiently onboard large groups of advisors from other firms as well as through acquisitions and newly formed groups of advisors, Johnson said.

Although transition is often an unnerving proposition, Brice believes Professional Investors will become a much more efficient organization through Securities America’s transition process.

“It’s a lot of work,” Brice said. “But it will all be worth it going forward. Especially since we plan to aggressively expand the producer group with more top talent advisors.

“We’re pumped up about the opportunities at Securities America,” he said. “There are so many resources available to us now, from efficiencies through Practice Management to recruiting support. We’re excited and ready to grow.”

Related Links: https://www.securitiesamerica.com

About Securities America
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA), is one of the nation’s largest independent advisory and brokerage firm with more than 2,200 independent advisors and nearly $72 billion in client assets.

Securities offered through Securities America, Inc., member FINRA/SIPC. Advisory services offered through Professional Investors Network LLC. Professional Investors Network LLC is a separate entity from Securities America.