Securities America Recruits Advisory Duo With $151 Million In Client Assets

Business Wire

David Vinciguerra and Giovanni Vitale join largest Ladenburg subsidiary through Securities America-Affiliated Super-OSJ Evolution Financial Advisors

LA VISTA, Neb.--(BUSINESS WIRE)-- Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK), announced today that JSD Associates has joined the company’s platform.

David Vinciguerra serves as president for the North Syracuse, New York-based financial services firm. Together with Vice President Giovanni Vitale, the two highly experienced advisors manage $151 million in client assets. They will affiliate with Securities America through Evolution Financial Advisors (EFA), a Super-OSJ based in Victor, New York with total assets of more than $2 billion.

Gregg Johnson, Securities America’s executive vice president of branch office development and acquisitions, said, “We welcome David Vinciguerra and Giovanni Vitale to the Securities America family, and we look forward to leveraging our stability, service-oriented culture and scale to facilitate their continued success. We are also very pleased to play a key role in the ongoing growth of Evolution Financial Advisors by assisting them in bringing skilled, veteran talent like David and Giovanni to their team. Our success is predicated on providing the resources and solutions our advisors and branches need to build their ideal businesses, and we are committed to helping these two outstanding advisors pursue their aspirations.”

Mr. Vinciguerra and Mr. Vitale, who came on board in May, offer a range of wealth management services, including goals-based financial planning and access to carefully selected mutual funds and annuities. Mr. Vinciguerra has 27 years of experience in financial services. Mr. Vitale has worked in the industry for 32 years.

Evolution Financial Advisors, one of Securities America’s fastest-growing Super-OSJs, will provide Mr. Vinciguerra and Mr. Vitale with an experienced local support staff. The Super-OSJ is overseen by Victoria Bach, president, and Dale Robert Anderson, vice president. Evolution Financial Advisors provides independent advisors with tailored services including coaching and practice management, product and strategy consultation, marketing support, business processing and in-house supervision. It supports advisors utilizing a range of business models, including solo practitioners, branch offices with multiple advisors and staff, and bank and credit union-based wealth managers.

David Vinciguerra said, “We chose Securities America for many reasons, including its track record of stability; friendly, open-door culture; and innovative service offerings like the Next Level business coaching program. Moreover, with the backing of Ladenburg Thalmann, Securities America offers industry-leading resources and national scale. All of these elements made Securities America too compelling for us to pass up.”

Giovanni Vitale said, “I am especially excited about how our transition will help fuel our growth plans. The practice management guidance we have already received from Securities America will enable us to streamline our processes, and their product toolkit will allow us to enhance our wealth management services. With the additional resources and support of Evolution Financial Advisors, we are truly poised to build the business we’ve always aspired to.”

Victoria Bach said, “David and Giovanni are a perfect fit for our group, and I am honored to work with them. At EFA, we are dedicated to fostering close relationships with our advisors while leveraging the power of Securities America and Ladenburg Thalmann to give them the compliance and business development tools they need to thrive. We look forward to helping David and Giovanni achieve even greater levels of success going forward.”

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, LTSL, LTSF, LTSK), is one of the nation’s largest independent advisory and brokerage firms, with more than 2,550 independent advisors and over $90 billion in client assets as of June 30, 2018.

Securities offered through Securities America, Inc., member FINRA / SIPC. Advisory services offered through Securities America Advisors. Securities America and Ladenburg Thalmann Financial Services Inc. are separate entities from all other entities named.

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. These statements are based on management's current 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, and other risks and uncertainties affecting the operation of Ladenburg Thalmann's business. These risks, uncertainties and contingencies include those set forth in Ladenburg Thalmann'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 Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that Ladenburg Thalmann's quarterly revenue and profits can fluctuate materially depending on many factors, including the number, size and timing of completed offerings and other transactions. Accordingly, Ladenburg Thalmann's revenue and profits in any particular quarter may not be indicative of future results. Ladenburg Thalmann 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.