Securities America Names Jim Meyers Chief Operating Officer

Securities America, a wholly owned subsidiary of Ladenburg Thalmann
Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF),
announced today that it has named Jim Meyers to the position of senior
vice president and chief operating officer. In his new position, Meyers
will provide leadership and management of the firm’s broker-dealer and
RIA service platforms, and will formulate and implement operational
strategies to support Securities America’s growth goals.

Jim Nagengast, Securities America’s chief executive officer and
president, said, “We are thrilled to have an executive of Jim Meyers’
caliber and experience join Securities America in this vital role as our
chief operating officer. Jim’s deep knowledge and experience,
collaborative leadership style and commitment to going above and beyond
for advisors will make him a tremendous addition to our team. We are
excited for Jim to take a leading role in our efforts to further enhance
our efficiency in pursuit of our most important mission: supporting our
advisors and the clients they serve.”

In his new role, Meyers will oversee Securities America’s day-to-day
brokerage operations and guide strategic planning to drive continuous
operational excellence and further enhance the firm’s service levels. He
will also be responsible for processes and controls across Securities
America and will work closely with the firm’s Information Services
department to design and implement new technology and applications. He
will report directly to Nagengast.

Meyers brings leadership experience in senior operations positions with
major financial firms to his new role. He joins Securities America from
Ameriprise Financial, where he led cross-functional management and
operational strategy development with responsibility for clearing
operations, operational efficiency, process design, project execution
and compliance. He also developed expertise in transition management for
new advisor recruits and firm acquisitions.

Meyers said, “I was immediately attracted to Securities America’s
reputation for setting a high bar in the resources and services they
offer advisors. Beyond that, though, the firm’s culture is what really
sold me. Everyone here is passionate about creating a team atmosphere,
which is very important to me. One of the defining characteristics of
this organization is that if you’re not a team player, you will not fit

Meyers continued, “I’ve always felt that you’ll get the best out of your
team if you put them first. The best leaders put the collective interest
of the team ahead of their own and make sure everyone is provided with
the tools they need to succeed. That’s what I’ve worked to do my whole
career, and I look forward to bringing that approach to Securities

Nagengast concluded, “On behalf of our leadership team, we are thrilled
to have Jim aboard. I am confident that others throughout Securities
America – and especially our advisors – will benefit greatly from his
expertise as he helps us continue to improve our operational
capabilities and ability to support advisors in taking their businesses
to the next level.”

About Securities AmericaSecurities
America, a wholly owned subsidiary of Ladenburg Thalmann Financial
Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF), is one of the
nation’s largest independent advisory and brokerage firms, with more
than 2,500 independent advisors and more than $86 billion in client
assets as of Dec. 31, 2017.

Securities offered through Securities America, Inc., member FINRA /
SIPC. Advisory services offered through Securities America Advisors.
Securities America and Ladenburg Thalmann Financial Services Inc. are
separate entities from all other entities named.

About Ladenburg ThalmannLadenburg Thalmann Financial
Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF) is a
publicly-traded diversified financial services company based in Miami,
Florida. Ladenburg’s subsidiaries include industry-leading independent
advisory and brokerage (IAB) firms Securities America, Triad Advisors,
Securities Service Network, Investacorp and KMS Financial Services, as
well as Premier Trust, Ladenburg Thalmann Asset Management, Highland
Capital Brokerage, a leading independent life insurance brokerage
company, Ladenburg Thalmann Annuity Insurance Services, a full-service
annuity processing and marketing company, and Ladenburg Thalmann & Co.
Inc., an investment bank which has been a member of the New York Stock
Exchange for over 135 years. The company is committed to investing in
the growth of its subsidiaries while respecting and maintaining their
individual business identities, cultures, and leadership. For more
information, please visit www.ladenburg.com.

This press release includes certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995,
including statements regarding future growth and future efforts to
discover and implement technology solutions. These statements are based
on management’s current expectations or beliefs and are subject to
uncertainty and changes in circumstances. Actual results may vary
materially from those expressed or implied by the statements herein due
to changes in economic, business, competitive and/or regulatory factors,
and other risks and uncertainties affecting the operation of Ladenburg
Thalmann’s business. These risks, uncertainties and contingencies
include those set forth in Ladenburg Thalmann’s annual report on Form
10-K for the fiscal year ended December 31, 2017 and other factors
detailed from time to time in its other filings with the Securities and
Exchange Commission. The information set forth herein should be read in
light of such risks. Further, investors should keep in mind that
Ladenburg Thalmann’s quarterly revenue and profits can fluctuate
materially depending on many factors, including the number, size and
timing of completed offerings and other transactions. Accordingly,
Ladenburg Thalmann’s revenue and profits in any particular quarter may
not be indicative of future results. Ladenburg Thalmann is under no
obligation to, and expressly disclaims any obligation to, update or
alter its forward-looking statements, whether as a result of new
information, future events, changes in assumptions or otherwise, except
as required by law.

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