Ladenburg Commemorates Investacorp’s 40th Anniversary with Launch of New Pioneers Program for Aspiring Financial Advisors

New Pioneers Program Provides Scholarships and Paid Internships to College Students Pursuing a Career in the Financial Advice Industry

Ladenburg Congratulates Investacorp and Salutes Leadership of Patrick Farrell Since Firm’s Acquisition by Ladenburg as Its First Subsidiary in 2007

MIAMI--(BUSINESS WIRE)-- Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA) (“Ladenburg”), a publicly-traded, diversified financial services company, today congratulated Investacorp, Inc. (“Investacorp”) on reaching its 40^th anniversary. To mark the occasion, Ladenburg announced its support of Investacorp’s recent launch of its New Pioneers Program, developed to provide scholarships and paid internships with the Investacorp home office to college students interested in a career in the financial advice industry upon graduation.

In 2007, Investacorp became Ladenburg’s first independent advisory and brokerage (IAB) firm acquisition, a network that now includes four other firms: Securities America, Triad Advisors, KMS Financial Services and Securities Service Network (SSN). Each Ladenburg IAB has a unique brand, advisor service model and culture.

Richard Lampen, President and CEO of Ladenburg, said, “We congratulate the entire Investacorp team on the firm’s 40^th anniversary. From its humble roots as a small, regional firm supporting fewer than 15 independent financial advisors, Investacorp has expanded to over 500 advisors nationwide, with nearly $14 billion in brokerage and advisory assets. The firm’s success has been driven by its emphasis on fostering the growth of independent advisor practices with a high touch service culture, and the effectiveness of this approach is reflected by the longevity of the firm’s advisor relationships, many of which have been in place for decades. We salute Investacorp’s CEO, Patrick Farrell for his outstanding leadership, and we look forward to continuing to nurture the success of Investacorp and our other IAB subsidiaries for many decades to come.”

Ladenburg and Investacorp further reported that the New Pioneers Program will fund two separate $10,000 scholarships this year, with one being awarded to the son or daughter of an Investacorp advisor and the child of a client of an Investacorp advisor getting the other. As part of the program, Investacorp will also offer paid internship opportunities during the summer for each recipient at the firm’s headquarters in Miami, while actively exploring how to most effectively expand the New Pioneers program in future years.

Patrick Farrell, President and CEO of Investacorp, said, “As proud as we are of our firm’s 40 years of history, we’re prouder still of the enthusiasm our home office staff members and affiliated advisors feel about Investacorp’s future. Central to Investacorp’s success is our constant recognition that the future will continue to be shaped by how effectively we support our advisors, and how motivated our home office team is to deliver an exceptional advisor service experience at every opportunity. We face the future with confidence, knowing that our firm delivers a truly unique blend of boutique service and personalized attention to each advisor, together with the reinforcement that comes with access to financial capital, intellectual capital and other growth resources offered by Ladenburg to its subsidiaries.”

About Ladenburg

Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA) 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, growth of our independent advisory and brokerage business and future investments. 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, including the United States Department of Labor’s rule and exemptions pertaining to the fiduciary status of investment advice providers to 401(k) plans, plan sponsors, plan participants and the holders of individual retirement or health savings accounts, 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 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.

About Investacorp, Inc.

Investacorp, an independent advisory and brokerage (IAB) organization, delivers an integrated digital platform that enables more than 500 independent financial advisors across the U.S. to provide investment solutions and wealth management advice to individuals, families, businesses and institutions. The boutique firm offers a family-friendly culture, long-tenured staff and expert personal service. Investacorp advisors are able to choose an affiliation model that best fits their clients’ needs, including independent broker-dealer representative, fee-based only or hybrid RIA. Investacorp also provides large-firm resources, financial stability and multi-generational practice transition expertise. Investacorp, Inc. is wholly-owned by Ladenburg Thalmann Financial Services Inc., (NYSE American: LTS, LTS PrA), which is a publicly-traded diversified financial services company based in Miami, Florida. For more information, visit www.investacorp.com.

Securities by Licensed Individuals Offered Through Investacorp, Inc., a Registered Broker/Dealer. Member FINRA, SIPC. Advisory Services Offered Through Investacorp Advisory Services, Inc., a SEC Registered Investment Advisory Firm.

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Media Contacts:
Michael Dugan / Jessica Caris
Haven Tower Group
424 652 6520 ext. 106 or ext. 104
mdugan@haventower.com or jcaris@haventower.com

Source: Ladenburg Thalmann Financial Services Inc.