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Securities America Raises $50,000 to Support Military Non-Profit

Securities America, the independent broker-dealer subsidiary of Ladenburg Thalmann Financial Services, Inc. (NYSE: LTS), recently wrapped up a fundraising effort that netted $50,180 for military nonprofit, Fisher House Foundation.

“All of us at Securities America are honored to support Fisher House Foundation,” said Securities America CEO and president Jim Nagengast. “It was great to see our employees and financial advisors give so generously. This outstanding organization does so much for our nation’s veterans and their families.”

The Fisher House program provides a home away from home for families of patients receiving medical care at major military and VA medical centers. The homes provide temporary free lodging so families can be close to their loved ones during a medical crisis.

There are 72 Fisher Houses across the United States, in Germany, and the United Kingdom, and since 1990, the program has offered more than 7 million days of lodging to 305,000 families, saving them more than $360 million.

Securities America raised donations through a combination of efforts that kicked off in May at their home office in Nebraska and wrapped up in June at its annual conference in San Diego.

During the conference, Securities America independent advisor Denise Fries of Fries Financial Services in Bryan, Texas, challenged attendees to give to Fisher House Foundation by agreeing to match dollar for dollar all donations on one day up to $5,000. Her challenge pushed donations over the $7,500 mark for that day, not including her contribution.

In addition, Meeder Investment Management of Columbus, Ohio, donated two golf outings to Muirfield Village Golf Club in Dublin, Ohio. The outings were auctioned off for a combined total of $3,200.

Securities America is one of the nation’s largest independent broker-dealers with more than 2,200 independent advisors and $72 billion in client assets under management.

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