Launch of Ladenburg Thalmann Annuity Insurance Services LLC

Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS; LTS PrA) today announced the launch of a new wholly-owned subsidiary, Ladenburg Thalmann Annuity Insurance Services LLC (LTAIS). The new company will provide marketing strategies, product expertise, and back-office processing for fixed and equity-indexed annuities.

“Our new, comprehensive platform gives advisors access to annuities from a range of sources, ensuring that fixed and equity-index annuities are delivered in a way that serves the best interest of the client,” said Richard Lampen, CEO, President and Director, Ladenburg Thalmann Financial Services. “In an age when the requirements for offering products and services to clients is under intensive regulatory scrutiny, it is critical that our advisors be confident in the way those products and services are delivered.”

Read the entire press release here.