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Merger Folds KMS Financial, Investacorp, and Securities Services Under Securities America Banner

Integration Instigated After Advisor Group’s Acquisition of Ladenburg Thalman 

Securities America, which is a broker-dealer of the Advisor Group network, has completed integrating brokerage firms Investacorp, KMS Financial Securities, and Securities Services Network into its fold. All four were Ladenburg Thalman broker-dealers until Advisor Group acquired Ladenburg and its firms last year for $1.3B. 

Triad Advisors, another former Ladenburg Thalman broker-dealer, will stay a standalone firm. The other Advisor Group broker-dealers include Woodbury Financial Services, FSC Securities, SagePoint Financial, Royal Alliance Associates, and FSC Securities Corporation. 

The Advisor Group – Ladenburg Thalman merger has turned the Advisor Group into a network with over $450M in assets under management, almost 11,500 financial advisors, and $3B in yearly revenues. 

Our stockbroker fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) represent investors who have suffered losses because of financial firms and their registered representatives. Just because Investacorp, Securities Service Network, and KMS Financial Services are now part of Securities America does not mean that customers of these broker-dealers have lost the opportunity to pursue financial recovery if they sustained investment losses caused by broker fraud or negligence.

Over the years, our experienced securities law firm has gone up against even the largest firms on Wall Street to fight for investors’ financial recovery. We have the experience, resources, and skills necessary to pursue Financial Industry Regulatory Authority (FINRA) arbitration claims and have helped thousands of our clients to get back the damages they were owed. 

Call our lawyers today at (800) 259-9010 for a free case consultation. 

Advisor Group Firms Sold GPB Capital Private Placements

SSEK Law Firm has been actively investigating a number of Advisor Group firms for some time now over their sales of GPB private placements to customers. We’ve also filed several broker fraud cases against Triad Advisors (and many other broker-dealers) related to the GPB investments that were sold to investors.

Unfortunately, while thousands of GPB investors have likely lost their entire investment in the GPB funds, brokerage firms and their registered representatives earned many millions in commissions and other fees. 

GPB Capital Holdings is accused of running a $1.8B Ponzi scam. A US Securities and Exchange Commission (SEC) fraud lawsuit, parallel criminal charges, other civil cases, as well as many broker fraud claims have already been brought. 

If you are a GPB investor, please contact our GPB private placement fraud attorneys at SSEK Law Firm to request your free case assessment.

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