Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), a publicly-traded financial services company, appointed John Blood as senior vice president of advisory services and solutions.
In his newly-created position, Blood was hired to provide strategic leadership, positioning and guidance for Ladenburg’s advisory and RIA offerings to existing fee-based advisory teams across Ladenburg and at the company’s independent advisory and brokerage subsidiary firms. These include Securities America, Triad Advisors, Investacorp, KMS Financial Services and Securities Service Network.
“Our decision to bring John aboard reflects our longstanding commitment to supporting the widest possible spectrum of independent advisor business models, including independent RIA firms,” said Richard Lampen, president and chief executive officer of Ladenburg. “His hiring also emphasizes our embrace of the intensifying convergence of fee-based and brokerage solutions for advisors seeking to provide a truly comprehensive level of support to their clients.”
Prior to joining Ladenburg, Blood served as CEO and chief investment officer of JJCC Financial Inc., a strategic consultancy that specializes in investment research, portfolio theory, executive management and sales.
Previously, he was the CEO and CIO of Disciplined Wealth Strategies Inc., a firm he founded to provide outsourced asset management services for financial advisors and institutions, and that was subsequently merged with Efficient Advisors LLC.
Earlier in his career, Blood served as chief market strategist and director of research for Commonwealth Financial Network for nearly a decade.
Blood will report to Adam Malamed, Ladenburg’s executive vice president and chief operating officer.
Ladenburg Thalmann Financial Services is based in Miami, Florida and its five wholly-owned subsidiary firms collectively support 4,000 financial advisors across the country.