RICHARD LAMPEN, CEO of Ladenburg Thalman Financial Services, Inc, bought 5,000 shares of Ladenburg Thalman Financial Services (Stock Symbol: LTS) at $2.96 for a total amount of $15,000 on January 13th, 2014.
Ladenburg Thalman Financial Services is located in Miami, Florida .
On January 16th 2014, Orchid Island Capital, Inc. (the “Company”) (NYSE MKT:ORC) announced the pricing of its public offering of 1,800,000 shares of common stock at $12.50 per share. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), and Oppenheimer & Co. Inc. are joint book running managers for the offering. Mitsubishi UFJ Securities (USA), Inc. is lead manager for the offering, and Aegis Capital Corp., Maxim Group LLC and National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (NHLD), are co-managers for the offering.
On November 6th 2015, Ladenburg Thalmann Financial Services Inc. announced financial results for the three and nine months ended September 30, 2013. Third quarter 2013 revenues were $200.5 million, a 25% increase from revenues of $159.8 million in the third quarter of 2012. Net income attributable to the Company for the third quarter of 2013 was $2.4 million compared to a net loss attributable to the Company of $6.0 million in the third quarter of 2012. Total Client Assets Exceed $80 Billion
According to Capital IQ, Ladenburg Thalman Financial Services has a market cap of $526 million, an enterprise value of $576 million, and trailing 12 month revenues of $728 million.
Ladenburg Thalmann Financial Services Inc. is engaged in independent brokerage and advisory services, investment banking, equity research, institutional sales and trading, asset management services and trust services through its principal subsidiaries, Ladenburg Thalmann & Co. Inc., Securities America, Investacorp, Inc., Triad Advisors, Inc., Ladenburg Thalmann Asset Management Inc. and Premier Trust, Inc. The Company has two operating segments: the independent brokerage and advisory services segment includes the broker-dealer and investment advisory services provided by Investacorp, Securities America and Triad to their independent contractor financial advisors and Premier Trust, which includes the wealth management services, and the Ladenburg segment includes the investment banking, sales and trading and asset management services and investment activities conducted by Ladenburg and LTAM. In November 4, 2011, the Company acquired Securities America Financial Corporation.
Richard Lampen’s most recent annual compensation from Ladenburg Thalman Financial is a salary of $600,000 and $755,000 in other compensation. Mr. Lampen is 59 years old.
According to the biography, Mr. Richard J. Lampen is President, Chief Executive Officer, Director of Ladenburg Thalmann Financial Services Inc. Mr. Lampen has been our president and chief executive officer since September 2006. Since July 1996, Mr. Lampen has served as executive vice president of Vector Group. Since October 2008, Mr. Lampen has served as president and chief executive officer and a director of Castle Brands Inc. From October 1995 to December 2005, Mr. Lampen served as the executive vice president and general counsel of New Valley Corporation, where he also served as a member of its board of directors. Since January 1997, Mr. Lampen has served as a director of SG Blocks, Inc. (formerly CDSI Holdings Inc.), and from November 1998 until November 2011 served as its president and chief executive officer. Mr. Lampen also currently serves as a director of The Financial Services Institute, an advocacy organization for independent financial services firms and independent financial advisors. From May 1992 to September 1995, Mr. Lampen was a partner at the law firm of Steel Hector & Davis in Miami, Florida. From January 1991 to April 1992, Mr. Lampen was a managing director at Salomon Brothers Inc, an investment bank, and was an employee at Salomon Brothers from 1986 to April 1992. Mr. Lampen’s pertinent experience, qualifications, attributes and skills include his knowledge and experience in our company attained through his service as a director of our company since 2002 and as president and chief executive officer since 2006, his industry experience, his managerial experience and the knowledge and experience he has attained through his service as a director of publicly-traded corporations.
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