Launches LIFT University to Enable
Participation in Annual Symposium and Mentoring Program at the
Event for Women Considering Careers in Financial Advice
Profession
Event Brings Together Leading Women Advisors
and Home Office Executives Across Ladenburg and Its Subsidiaries,
Along with Top Third-Party Experts
Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS,
LTSL, LTS PrA, LTSF, LTSK) (“Ladenburg”), a publicly-traded,
diversified financial services company, together with its
independent advisory and brokerage (IAB) subsidiaries Securities
America, Triad Advisors, Investacorp, KMS Financial Services, and
Securities Service Network, today announced the successful
conclusion of its seventh annual Ladenburg Institute of Women &
Finance Symposium. The annual, invitation-only event, held this
year from Oct. 9 to 11 in Dallas, hosted over 200 total attendees
for networking, thought leadership, and business development
sessions targeted toward women advisors, while also honoring
excellence in the profession.
Since its founding in 2012, the Ladenburg Institute of Women
& Finance (“LIWF” or the "Institute") has established itself as
an industry leader in championing innovative ways to increase the
number of women advisors in the independent financial advice space,
while supporting the professional growth of women advisors through
educational programs on best practices for serving clients,
managing teams and growing their businesses. Additionally, LIWF
provides professional growth opportunities to younger female
advisors through its LIFT Mentoring Program.
Richard Lampen, President and Chief Executive Officer of
Ladenburg, added, “We are thrilled with the continued expansion of
the Ladenburg Institute of Women & Finance and the outcome of
this year’s Symposium. Finding new and innovative ways to increase
opportunities for female advisors and the clients they serve is
integral to our future, and is an essential part of our corporate
culture. Now and for years to come, we will enthusiastically
collaborate across our subsidiaries to push further along this path
as we grow our community of determined and exceptional women
advisors.”
This year’s Symposium also featured the launch of LIFT
University, a new program that brings female business students and
daughters of Ladenburg IAB-affiliated financial advisors who are
considering careers in the financial advice profession to the
event. LIFT University enables these potential future female
advisors and executives to attend the Symposium with travel and
lodging costs covered, and pairs them with experienced female
advisors for the duration of the event in order to help them gain
exposure to critical industry concepts, begin building their
professional networks and develop an inside perspective on the many
benefits of a career in financial advice.
Ten women business majors attended the inaugural edition of LIFT
University, including students from the University of Georgia, the
University of Central Missouri, Southern Methodist University and
Texas Women’s University.
In addition, the Symposium celebrated the success of Ladenburg’s
IAB subsidiaries in bolstering the ranks of women advisors in the
profession. The firm’s senior leaders noted that a June 11, 2018,
article in Financial Planning magazine recognized that 28% of
advisors affiliated with both Securities America and Triad Advisors
are female, while women make up 22% of KMS Financial Services
advisors. Separately, a May 23, 2018, article in InvestmentNews
recognized Securities America for increasing the firm’s proportion
of women advisors as a percentage of total advisors by 1.3% from
the previous year.
Jaime Desmond, COO of Ladenburg Thalmann Asset Management, and
Chairman of LIWF’s Steering Committee, said, “As more women take on
roles as financial decision makers, breadwinners and heads of their
households, the financial advice industry must evolve to better
reflect this audience and create solutions that meet their specific
needs. Hiring, training, and bringing together more women advisors
is a major aspect of accomplishing that goal. Firms that make these
strides will act as a positive force for change in society, while
also benefiting from the natural advantage that women advisors have
in connecting with and understanding the concerns of female
clients. For all these reasons, Ladenburg and its IAB subsidiaries
are fully invested in the mission of the Ladenburg Institute of
Women & Finance.”
Throughout the three-day Symposium, featured experts spoke on
practice management and financial planning strategies that can
enable women advisors to stay ahead of shifting industry forces
such as technology and client behavior. The presenters also offered
insights on how economic and healthcare trends may affect how
advisors interact with clients to help them achieve their best
financial lives.
Highlights included:
- Keynote speaker Ron White, a two-time
national memory champion, showed how advisors can improve their
memory and use it to grow their business through better speaking
abilities and faster learning techniques for adopting new
technology and other skills.
- Keynote speaker Jared Weiner, of the
Future Hunters, explored the future of the financial advice
business, including an interactive session where forward-thinking
advisors shared their visions for the business — as well as the
steps they are taking to guide their clients and practices into the
future.
- Roberta Eckert, Vice President of the
Nationwide Retirement Institute, presented on why advisors should
guide clients through healthcare factors that often impact
retirement and cost of living, including Medicare rules, as well as
how to create a customized assessment for clients.
- Ladenburg Thalmann Asset Management
President and CEO Phil Blancato and Fidelity Investments Sector
Strategist Denise Chisholm provided insights on how advisors can
invest in various sectors, while taking into consideration their
different traits and risk factors.
- The event also provided distinct forums
for experienced advisors to network with each other, for younger
advisors to meet in-person with new mentors, and for all attendees
to learn how Ladenburg Advantage provides a wide assortment of
products and services that advisors can use to add value for
clients.
For further information, please visit www.ltiwf.com.
About Ladenburg
Thalmann:
Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS,
LTSL, LTS PrA, LTSF, LTSK) is a publicly-traded diversified
financial services company based in Miami, Florida. Ladenburg’s
subsidiaries include industry-leading independent advisory and
brokerage (IAB) firms Securities America, Triad Advisors,
Securities Service Network, Investacorp and KMS Financial Services,
as well as Premier Trust, Ladenburg Thalmann Asset Management,
Highland Capital Brokerage, a leading independent life insurance
brokerage company, Ladenburg Thalmann Annuity Insurance Services, a
full-service annuity processing and marketing company, and
Ladenburg Thalmann & Co. Inc., an investment bank which has
been a member of the New York Stock Exchange for over 135 years.
The company is committed to investing in the growth of its
subsidiaries while respecting and maintaining their individual
business identities, cultures, and leadership. For more
information, please visit www.ladenburg.com.
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements regarding future growth and growth of
our independent advisory and brokerage business. These statements
are based on management’s current good faith expectations or
beliefs and are subject to uncertainty and changes in
circumstances. Actual results may vary materially from those
expressed or implied by the statements herein due to changes in
economic, business, competitive and/or regulatory factors,
including the SEC’s proposed rules and interpretations concerning
the standards of conduct for broker dealers and investment advisers
when dealing with retail investors, future cash flows, a change in
the Company’s dividend policy by the Company’s Board of Directors
(which has the ability in its sole discretion to increase, decrease
or eliminate entirely the Company’s dividend at any time) and other
risks and uncertainties affecting the operation of the Company’s
business. These risks, uncertainties and contingencies include
those set forth in the Company’s annual report on Form 10-K for the
fiscal year ended December 31, 2017 and other factors detailed from
time to time in its other filings with the SEC. The information set
forth herein should be read in light of such risks. Further,
investors should keep in mind that the Company’s quarterly revenue
and profits can fluctuate materially depending on many factors,
including the number, size and timing of completed securities
offerings and other transactions. Accordingly, the Company’s
revenue and profits in any particular quarter may not be indicative
of future results. The Company is under no obligation to, and
expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise, except as
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181015005198/en/
Haven Tower GroupJoseph Kuo / Chris Clemens424 652 6520 ext. 101
or ext. 102jkuo@haventower.com or cclemens@haventower.com
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