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LTS

 
Hoover's Profile: Ladenburg Thalmann Financial Services Inc.
(NYSE Alternext:LTS)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Ladenburg Thalmann Financial Services Inc.
4400 Biscayne Blvd., 12th Fl.
Miami, FL 33137
FL Tel. 212-409-2000
Toll Free 800-523-8425
Fax 305-572-4199

Type: Public
On the web: http://www.ladenburg.com
Employees: 176
Employee growth: 1.7%

Laden with cash? You might want to call Ladenburg Thalmann Financial Services. The company provides investment banking, trading, and asset management services to corporate, institutional, and individual clients throughout the US. Subsidiaries Triad Advisors (acquired in 2008) and Investacorp (acquired in 2007) are independent broker-dealers serving primarily retail clients; together they have some 900 registered representatives and manage more than $15 billion in assets. Subsidiary Ladenburg Thalmann & Co. is a broker-dealer targeting mid-market and emerging companies and wealthy individuals. Ladenburg Thalmann Asset Management offers mutual funds, alternative investments, and third-party advisory services.

Key numbers for fiscal year ending December, 2008:
Sales: $116.4M
One year growth: 21.5%
Net income: ($20.3)M

Officers:
Chairman: Phillip Frost
President, CEO, and Director: Richard J. (Dick) Lampen
VP and CFO: Brett H. Kaufman

Competitors:
JPMorgan Chase
LPL Financial
National Holdings

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