Privacy & Disclosure (Facts and Brochure)

Our Privacy Commitment to You

In opening and servicing customer accounts, Ladenburg Thalmann & Co. Inc.("LTCO") needs to collect certain kinds of personal information - identifying information such as your name, address, telephone number, and social security number, as well as, application information such as information about your assets, income, investment goals, and risk tolerance, beneficial ownership information and transactional information such as account activity information. Ladenburg will only use your personal information in ways that are in accord with the purposes for which we originally requested it. For example, we will use the information you provide us to process your requests and transactions, to provide you with additional information about products and services, or to evaluate your financial needs. We may share such information with Ladenburg's clearing firm; National Financial Services(NFS) and its other affiliates. We limit the collection and use of personal information to what is necessary to administer our business and to deliver superior service to you. This may include advising you about our products or services and other opportunities that we believe may interest you.

Ladenburg will not share personal information with others except as stated in this policy, unless we give you additional notice or ask for your permission. Ladenburg reserves the right to disclose or report the personal information in certain circumstances: (1) to our clearing firms or other affiliates, as Ladenburg deems necessary or appropriate, to handle, process and clear transactions in accounts; (2) where we believe in good faith that disclosure is required under law, to cooperate with regulators or law enforcement authorities, (3) to perform necessary credit checks or collect or report debts owed to us, (4) to protect our rights or property, or (5) upon reasonable request by a mutual fund or relating to other investments in your account.

Ladenburg does not sell its customers' or potential customers' personal information.

Ladenburg will protect the confidentiality of any personal information you share with us. Ladenburg's corporate policies require that employees with access to confidential customer information may not use or disclose the information except for business use. All employees are trained and required to safeguard such information.

Ladenburg strives to protect your personal information and makes every effort to keep your personal information accurate and up to date. If you identify any error in your personal information or need to make a change to that information, please contact us and we will promptly update our records. If you have any questions or concerns, please contact Ladenburg's Chief Compliance Officer at 561-620-2105 or by eMail to bspatola@ladenburg.com

Customer Privacy Notice

You are receiving this Customer Privacy Notice because our records indicate that you are a customer of Ladenburg Thalmann & Co. Inc. Your Servicing representative is a registered Financial Professional associated with Ladenburg Thalmann & Co. Inc. The most current version of the Ladenburg Thalmann Customer Privacy Notice is available online at ladenburg.com.

FACTS What does Ladenburg Thalmann do with your personal info?
Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully in order to understand what we do.
What? The types of personal information we collect and share depend on the product or service you have with us. This information can include:
  • Social Security Number, Date of Birth, and Income
  • Asset and Investment Experience
  • Account Transactions and Retirement Assets
  • Tax Reporting and Investment Performance Information
When you are no longer our customer, we continue to share your information as described in this notice
How? All financial companies need to share customers' personal information to run their everyday business. In the next section, we list the reasons financial companies can share their customers' personal information, the reasons Ladenburg chooses to share, and whether you can limit this sharing.

Reasons we can share your personal information Does Ladenburg Share? Can you limit this sharing?
For our everyday business purposes
To administer, manage and service customer accounts, process transactions and provide related services for your accounts, it is necessary for us to provide access to personal information with companies affiliated with Ladenburg and to certain nonaffiliated companies. We may share your personal information:
To process your transactions, maintain your account, respond to court orders and legal investigations, respond to regulatory requests, or report to credit bureaus or government entities with parent and Affiliate companies of Ladenburg, Inc. including but not limited to:
  • Ladenburg Thalmann Asset Management (LTAM)
  • Osaic, Inc. and its affiliated companies with nonaffiliated entities that perform services for us or function on our behalf (such as check printing services, clearing broker-dealers, investment companies, and insurance companies) with third -party administrators and vendors for the purposes of providing current and future information on your account (such as transaction history, tax information and performance reporting).
 Yes No
For our marketing purposes
to offer our products and services to you		 Yes No
For our affiliates to market to you
For affiliate companies that you do not have an existing relationship with.		 Yes Yes
For nonaffiliates to market to you No We don't share
For joint marketing with other financial companies
Federal and certain state laws give us the right to share your information with banks, credit unions, retirement plans and other financial companies where a formal agreement exists between us and them to provide or market financial products or services to you. However, we will not share your information with these financial companies for marketing purposes if your financial professional is not affiliated with them without your consent, but we may share information with these financial companies where necessary to service your accounts.		 Yes No
For customers of financial institutions and Ladenburg
If you are a customer of a bank, credit union, or other financial institution program with which we have a networking agreement (such as under a bank or credit union investment services program), we may share your information with internal auditors of the financial institution or in response to requests from regulators of the financial institution. If the financial institution terminates its relationship with us, we will permit the financial institution to retain copies of your personal information so your account can continue to be serviced at the financial institution. If you do not want the financial institution to disclose your personal information to another brokerage or investment advisory firm ("New Firm"), you may request that we and/or your financial institution limit the information that is shared with the New Firm.		 Yes Yes
For clients of Ladenburg and Ladenburg Thalmann Asset Management
  • If your financial professional terminates his or her relationship with us and moves to a New Firm, we or your financial professional may disclose your personal information to the New Firm, unless you instruct us not to. If you do not want us or your financial professional to disclose your personal information to the New Firm when your financial professional terminates his or her relationship with us, you may request that we and your financial professional limit the information that is shared with the New Firm.
  • Your personal information may also be shared with certain entities that are owned, controlled by or affiliated with your financial professional, such as an independent insurance agency, accounting firm or independent investment advisory firm.
  • In the event your financial professional (or his/her estate) agrees with an unaffiliated financial professional or unaffiliated brokerage or investment advisory firm to sell all or some portion of his/her securities, advisory or insurance business, your personal information may be shared with the acquiring financial professional and/or the New Firm.
If you live in Alaska, California, Massachusetts, Maine, North Dakota or Vermont, under certain circumstances, we are required as a financial institution to obtain your affirmative consent to share your personal information with a Nonaffiliate. If you live in any state other than those listed, under certain circumstances, You may opt-out of Ladenburg sharing your Personal Information with a Nonaffiliate. If you opt-out you will continue to receive annual privacy notices as required by the SEC. However, you do not need to respond to maintain a previous opt-out designation. Please refer to the “To Limit Our Sharing” section for ways to opt-out.		 Yes Yes
Who We Are
Who is providing this notice Ladenburg and its Affiliates (collectively Ladenburg Thalmann). Our Affiliates covered under this privacy notice include the following entities:
  • Ladenburg Thalmann Asset Management (LTAM)
  • Osaic, Inc. and its affiliated companies
What We Do
How do Ladenburg and its affiliates protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

Employees are trained on the proper handling of customer personal information.
How Do Ladenburg and its affiliates collect my personal information? We collect your personal information, for example, when you
  • open an account or apply for insurance;
  • seek advice about your investments;
  • provide account information; or
  • make deposits or withdrawals from your account.
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can't I limit my sharing? Federal law gives you the right to limit only
  • sharing for Affiliates’ everyday business purposes—information about your creditworthiness
  • Affiliates from using your information to market to you
  • sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Other Important Information
Use and disclosure of health information
To the extent you provide health information to Ladenburg for the purpose of applying for insurance products, such information will not be disclosed to nonaffiliated companies for any purpose, except:
  • to underwrite or administer your insurance policy or related claims
  • as required by law
  • as authorized by you
To limit our sharing You may limit the sharing of your personal information ("Opt-Out") by calling 1-800-215-1570 if you received this privacy notice by regular mail.

Please note:
When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.

In the event you decide to Opt-Out, your decision will be recorded as limiting the sharing of personal information for all applicable options. In other words, if you Opt-Out your personal information will not be shared by Ladenburg or an Affiliate: (i) with your financial professional's new broker-dealer in the event he or she leaves Ladenburg or an Affiliate and joins a New Firm or sells his/her securities, advisory or insurance business to a nonaffiliated company; (ii) with affiliated entities of your financial professional or any bank or credit union that your financial professional is affiliated with; and (iii) with Affiliates of Ladenburg that you do not already have an existing relationship with for the purpose of marketing products or services to you.
Questions? Go to ladenburg.com