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Industry Spotlight > Broker Dealers

Ladenburg Thalmann Names Chief of Fee-Based Services & Solutions

By Janet Levaux

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Ladenburg Thalmann Financial Services has hired industry veteran John Blood to lead its Advisory Services and Solutions operations.

Blood will report directly to COO Adam Malamed and lead the firm’s advisory and RIA offerings to fee-based advisory teams at Ladenburg and its subsidiary firms: Securities America, Triad Advisors, Investacorp, KMS Financial Services and Securities Service Network, which have a total of roughly 4,000 registered representatives.

“Our decision to bring John aboard reflects our longstanding commitment to supporting the widest possible spectrum of independent advisor business models, including independent RIA firms,” said Ladenburg President & CEO Richard Lampen, in a statement.

“His hiring also emphasizes our embrace of the intensifying convergence of fee-based and brokerage solutions for advisors seeking to provide a truly comprehensive level of support to their clients,” Lampen explained.

Prior to joining Ladenburg, Blood served as CEO and chief investment officer of JJCC Financial, a consulting firm. He also worked as CEO and CIO of Disciplined Wealth Strategies and as chief market strategist and director of research for Commonwealth Financial Network. According to his LinkedIn profile, his professional experience includes posts at Morningstar, Dimensional Fund Advisors and Investors Bank & Trust.

About two weeks ago, Ladenburg Thalmann announced the launch of its Enterprise Innovation initiative, which includes the Ladenburg Innovation Lab. This effort is being led by Dan Sachar, who joins the firm from Nextt Advisors, an independent technology and business strategy consultancy.

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