Ladenburg Thalmann Asset Management Inc is a large advisory firm based in New York. It manages $2.33 billion of regulatory assets for 7,685 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 43 other states.
Ladenburg Thalmann Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and provide model recommendations to other rias. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ladenburg Thalmann Asset Management Inc is $2.33 billion. The firm's AUM has grown by 7653% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Ladenburg Thalmann Asset Management Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Philip Salvatore Blancato is individuals with 7,293 clients and $974.22 million of assets under management. Among the 8 most similar advisory firms, Ladenburg Thalmann Asset Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $2.33 billion for 7,685 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Ladenburg Thalmann Asset Management doesn't advise any private funds.
The company employs 42 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 29 employees are registered as investment adviser representatives with the state securities authorities.
There are 25 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Philip Salvatore Blancato has been acting as President since 1 Sep 2004. Michael Joseph Giannotto joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ladenburg Thalmann Asset Management Inc performs its advisory services is located at 277 Park Avenue, New York, NY 10172, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-409-2000 or by fax 212-409-2550. The normal business hours are ladenburg thalmann asset mgmt on Monday - Friday. You can find more information about the New York firm at ladenburg.com.