|From: sumsavvy (Rep: 26)||Date: 2011-10-19 18:25:13|
|Forum: Ladenburg Thalmann Financial Services - Thread #673311245||Msg #399 - Part 1/1 (Rec: 0) |
|Highlights, and information...|
"The Securities America transaction is truly a transformational event for Ladenburg. In terms of growth, the transaction will triple our existing base of revenue from $220 million for the 12 months ended June 30, 2011 to approximately $675 million of revenue on a pro forma basis for the same period. But it is also transformational in terms of our position in the industry – making us one of the leaders in the independent brokerage space. Upon closing, our independent firms together will have about 2,700 advisors and $70 billion of client assets, making us one of the industry’s largest independent brokerage networks. "
In the coming months, the stock price should appreciate significantly, imo.
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