Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), a publicly-traded financial services company, has appointed veteran industry operations and technology executive David Ballard to the newly created role of senior vice president of enterprise services.
In his new position, Ballard will provide executive leadership at the enterprise level with respect to operations and technology, while spearheading the company’s enterprise service initiative, which was formed “to enhance the financial advisor service experience, drive efficiencies and accelerate growth across Ladenburg.”
“With over 30 years of experience, David brings a wealth of operations and technology expertise from some of the largest firms in the independent advisory and brokerage space,” said Richard Lampen, chairman, president and CEO of Ladenburg. “He will be a key member of our executive team, overseeing and guiding the future of Ladenburg’s enterprise service capabilities, in close collaboration with our [independent advisory and brokerage] subsidiaries.”
Ballard joins Ladenburg from Docupace Technologies, a digital operations technology provider in the wealth management space, where he served as president and chief operating officer. Previously, he served as executive vice president and chief operating officer at Cetera Financial Group. That role followed more than two decades in executive and management roles at several firms in the independent financial advisory and asset management industries, including AIG Advisor Group, SunAmerica Mutual Funds, and AIG Retirement Services.
Ladenburg’s five independent advisory and brokerage subsidiaries include Securities America, Triad Advisors, KMS Financial Services, Investacorp, and Securities Service Network.