Ladenburg Launches New Retirement Planning Platform
Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF), a publicly-traded, diversified financial services company, has launched a new platform that will combine ongoing consulting support with software tools, training and other resources for retirement plan advisors across its five independent advisory and brokerage subsidiaries.
Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF), a publicly-traded, diversified financial services company, has launched a new platform that will combine ongoing consulting support with software tools, training and other resources for retirement plan advisors across its five independent advisory and brokerage subsidiaries.
Ladenburg’s subsidiaries include Securities America, Triad Advisors, KMS Financial Services, Investacorp and Securities Service Network.
“While most plan sponsors work with a financial advisor, it is increasingly important for plan advisors and the firms that support them to significantly expand the value they provide to retirement plan sponsors and serve a role in boosting the retirement readiness of workers across the country,” said Richard Lampen, president and chief executive officer of Ladenburg.
Ladenburg noted that the platform represents an expansion of its existing resources for retirement plan-focused advisors.
The new platform provides Ladenburg-affiliated advisors with “product selection options, enhanced investment monitoring capabilities, fee and expense benchmarking reports, as well as FINRA-reviewed, pre-approved marketing materials and educational content, among other resources.”
Additionally, the platform’ provide advisors with training on meeting preparation with plan sponsors, reviewing investment options, creating model portfolios, and assisting with enrollment, according to the company.
Ladenburg partnered with Retirement Plan Advisory Group, a California-based retirement plan consulting service, to develop the platform, which will be rolled out in phases. All Ladenburg subsidiaries and their advisors are expected to have access by the end of 2018, the company said.
Ladenburg Thalmann Financial Services is based in Miami, Florida and its five wholly-owned subsidiary firms collectively support more than 4,300 financial advisors across the country and $166.2 billion in total advisory and brokerage client assets.
