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.