Ladenburg Thalmann

Ladenburg Thalmann provided banking services for the Allies' covert warfare activities throughout World War II.[8] SOE in London was tasked by HM Treasury in July 1942[9] as the lead British agency for the acquisition of foreign currency, required in small denominations by members of the plethora of British covert wartime agencies, as well as the escape packs of Allied aircrew. SOE turned to British Security Coordination (BSC) for help with this task; the very close links between BSC and the OSS meant that there was continual collaboration between the two agencies in support of this task. Some of the currencies acquired were seized from ships being searched in the Contraband Control Bases, such as Bermuda, Gibraltar, and Aden, or legitimately bought from legitimate passengers on those ships. Another source was the black markets in Tangiers, Beirut, Istanbul, and elsewhere, from the sale of commodities such as gold, platinum, diamonds, precious stones, and Swiss watches. Most of these items, in short supply because of the Allied blockade and restrictions on movement, could be purchasing using sterling by British government supply departments within the British Empire.

Virtually every European currency was acquired, as well as South American and Far Eastern currencies; a statement from mid-1944 prepared for Winston Churchill cited the cumulative acquisitions to that date as being 600m French francs, 20m Belgian francs, 8m Dutch guilders, 3.5m Norwegian kroner, 3.5m Danish kroner, 6m Reichsmarks, 8m Spanish pesetas, 16m U.S. dollars, and 0.5m Argentine pesos. Excluding the U.S. dollars and Argentine pesos, the balance had cost the British Treasury around £2m. A major problem that both SOE and BSC had to contend with was the sheer weight and volume of small denomination bank notes; a number of surviving signals in SOE files at National Archives in Kew mention "tons" of bank notes.

There is no doubt that contraband seizures by Allied blockade authorities were 'recycled' to support wartime covert activity. Musson's Smuggling Fleet,[10] which operated from Gibraltar carrying SOE and SIS agents to and from Spanish soil, covered its tracks with a smuggling operation based initially on selling tobacco seized from blockade-running merchant ships. Tobacco was deemed a more useful bribe to badly-paid Spanish border and customs officials, and hundreds of tons were shipped in from Latin America, and North Africa post-TORCH, blended and packaged in Gibraltar, and handed to Musson's operation to maintain the smuggling cover.

Investacorp, Inc., an independent broker-dealer headquartered in Miami, Florida, has been serving the independent registered representative community since 1978 and has approximately 440 independent financial advisors nationwide. The firm was acquired by Ladenburg Thalmann in October 2007.[11]

Triad Advisors, LLC, was acquired by Ladenburg Thalmann in August 2008.[12] The firm was founded in 1993, and is an independent broker-dealer and registered investment advisor headquartered in Norcross, Georgia that offers products through approximately 590 independent financial advisors nationwide.

Founded in 2001, Premier Trust, Inc. was acquired by Ladenburg Thalmann in September 2010.[13] It is a Nevada-chartered trust company headquartered in Las Vegas, Nevada, with assets under management of approximately $530 million.

Securities America Inc. was acquired by Ladenburg Thalmann from Ameriprise Financial in November 2011 for $150 million in cash and potential future payments.[14] The firm was founded in 1993 and has headquarters in La Vista, Nebraska. The firm is a SEC-Registered investment advisory firm that offers investment management, financial advice and financial planning through a national network of independent financial advisors. It is the nation's seventh largest independent broker-dealer (as ranked by Financial Planning magazine, June 2011, based on 2010 total revenue). The firm received the inaugural Thought Leadership Award from the Retirement Income Industry Association in March 2011.

Founded in 1971, KMS Financial Services, Inc. is a Seattle-based registered broker dealer and investment advisory firm serving clients through a network of more than 350 investment professionals located throughout the Pacific Northwest and nationwide. Ladenburg Thalmann acquired KMS in 2014. Along with fellow Ladenburg firm, Securities America, KMS made the "IBD Elite 2019: Which firms have the most reps who are women?" list produced by Financial Planning magazine, ranking at #4.[15]