Securities America Recruits Advisory Duo with $151 Million in Client Assets

Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK), announced today that JSD Associates has joined the company’s platform. David Vinciguerra serves as president for the North Syracuse, New York-based financial services firm. Together with Vice President Giovanni Vitale, the two highly experienced advisors manage $151 million in client assets. They will affiliate with Securities America through Evolution Financial Advisors (EFA), a Super-OSJ based in Victor, New York with total assets of more than $2 billion.

Gregg Johnson, Securities America’s executive vice president of branch office development and acquisitions, said, “We welcome David Vinciguerra and Giovanni Vitale to the Securities America family, and we look forward to leveraging our stability, service-oriented culture and scale to facilitate their continued success. We are also very pleased to play a key role in the ongoing growth of Evolution Financial Advisors by assisting them in bringing skilled, veteran talent like David and Giovanni to their team. Our success is predicated on providing the resources and solutions our advisors and branches need to build their ideal businesses, and we are committed to helping these two outstanding advisors pursue their aspirations.”

Mr. Vinciguerra and Mr. Vitale, who came on board in May, offer a range of wealth management services, including goals-based financial planning and access to carefully selected mutual funds and annuities. Mr. Vinciguerra has 27 years of experience in financial services. Mr. Vitale has worked in the industry for 32 years.

Evolution Financial Advisors, one of Securities America’s fastest-growing Super-OSJs, will provide Mr. Vinciguerra and Mr. Vitale with an experienced local support staff. The Super-OSJ is overseen by Victoria Bach, president, and Dale Robert Anderson, vice president. Evolution Financial Advisors provides independent advisors with tailored services including coaching and practice management, product and strategy consultation, marketing support, business processing and in-house supervision. It supports advisors utilizing a range of business models, including solo practitioners, branch offices with multiple advisors and staff, and bank and credit union-based wealth managers.