EX-99.1
4
exhibit3.htm
EX-99.1
EX-99.1
FOR IMMEDIATE RELEASE
CONTACT:
Kris Kagel
JCPR
(973) 850-7312
kkagel@jcprinc.com
LADENBURG THALMANN COMPLETES KMS FINANCIAL SERVICES ACQUISITION
Transaction Strengthens Ladenburg's Presence in the Pacific Northwest; Adds over $14 Billion
in Client Assets, Approximately 325 Independent Financial Advisors and $84 Million in Revenue
Miami, FL-October 16, 2014-
Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS, LTS PrA)
("Ladenburg"), a publicly-traded diversified financial services company, announced today it has
completed its previously announced acquisition of KMS Financial Services, Inc. ("KMS"), a leading
Seattle-based independent broker-dealer and investment advisor with a strong presence in the
Pacific Northwest.
Founded in 1971, KMS has approximately 325 independent financial advisors with over $14 billion in
client assets and revenues of approximately $84 million for the 12 months ended June 30, 2014. Mark
Hamby, KMS's Chairman and CEO, Eric Westberg, its President and COO, and the rest of the KMS
management team will continue to operate KMS as a stand-alone business based in its current
headquarters in Seattle, Washington.
"As part of Ladenburg, KMS' best-in-class advisors will have access to our industry-leading
platform of services, while at the same time maintaining their unique identity and culture that has
made them so successful over the last 40 years", said Richard Lampen, Ladenburg's President and
CEO.
"We are excited to be part of Ladenburg", said Mark Hamby, Chairman and CEO of KMS. "Ladenburg's
record of helping firms like ours grow and remain competitive is second to none in our industry.
Our employees and advisors can expect access to new tools and resources to grow both personally as
well as professionally".
About Ladenburg Thalmann
Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS, LTS PrA) is a publicly-traded
diversified financial services company based in Miami, Florida. Ladenburg's subsidiaries include
industry-leading independent broker-dealer firms Securities America, Inc., Triad Advisors, Inc.,
Investacorp, Inc. and KMS Financial Services, Inc. as well as Premier Trust, Inc., Ladenburg
Thalmann Asset Management, Highland Capital Brokerage, Inc., a leading independent life insurance
brokerage company, and Ladenburg Thalmann & Co. Inc., an investment bank which has been a member of
the New York Stock Exchange for 135 years. The company is committed to investing in the growth of
its subsidiaries while respecting and maintaining their individual business identities, cultures
and leadership. For more information, please visit
www.ladenburg.com
This press release includes certain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements regarding future financial
performance, and future growth. These statements are based on management's current expectations or
beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary
materially from those expressed or implied by the statements herein due to changes in economic,
business, competitive and/or regulatory factors, and other risks and uncertainties affecting the
operation of the Company's business. These risks, uncertainties and contingencies include those set
forth in the Company's annual report on
Form 10-K
for the fiscal year ended December 31, 2013 and
other factors detailed from time to time in its other filings with the Securities and Exchange
Commission. The information set forth herein should be read in light of such risks. The Company is
under no obligation to, and expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information, future events, changes in
assumptions or otherwise.
###

EX - 99 . 1 4 exhibit3 . htm EX - 99 . 1 EX - 99 . 1 FOR IMMEDIATE RELEASE CONTACT : Kris Kagel JCPR ( 973 ) 850 - 7312 kkagel@jcprinc.com LADENBURG THALMANN COMPLETES KMS FINANCIAL SERVICES ACQUISITION Transaction Strengthens Ladenburg 's Presence in the Pacific Northwest ; Adds over $ 14 Billion in Client Assets , Approximately 325 Independent Financial Advisors and $ 84 Million in Revenue Miami , FL - October 16 , 2014 - Ladenburg Thalmann Financial Services Inc . ( NYSE MKT : LTS , LTS PrA ) ( " Ladenburg " ) , a publicly - traded diversified financial services company , announced today it has completed its previously announced acquisition of KMS Financial Services , Inc . ( " KMS " ) , a leading Seattle - based independent broker - dealer and investment advisor with a strong presence in the Pacific Northwest . Founded in 1971 , KMS has approximately 325 independent financial advisors with over $ 14 billion in client assets and revenues of approximately $ 84 million for the 12 months ended June 30 , 2014 . Mark Hamby , KMS 's Chairman and CEO , Eric Westberg , its President and COO , and the rest of the KMS management team will continue to operate KMS as a stand - alone business based in its current headquarters in Seattle , Washington . " As part of Ladenburg , KMS ' best - in - class advisors will have access to our industry - leading platform of services , while at the same time maintaining their unique identity and culture that has made them so successful over the last 40 years " , said Richard Lampen , Ladenburg 's President and CEO . " We are excited to be part of Ladenburg " , said Mark Hamby , Chairman and CEO of KMS . " Ladenburg 's record of helping firms like ours grow and remain competitive is second to none in our industry . Our employees and advisors can expect access to new tools and resources to grow both personally as well as professionally " . About Ladenburg Thalmann Ladenburg Thalmann Financial Services Inc . ( NYSE MKT : LTS , LTS PrA ) is a publicly - traded diversified financial services company based in Miami , Florida . Ladenburg 's subsidiaries include industry - leading independent broker - dealer firms Securities America , Inc . , Triad Advisors , Inc . , Investacorp , Inc . and KMS Financial Services , Inc . as well as Premier Trust , Inc . , Ladenburg Thalmann Asset Management , Highland Capital Brokerage , Inc . , a leading independent life insurance brokerage company , and Ladenburg Thalmann & Co . Inc . , an investment bank which has been a member of the New York Stock Exchange for 135 years . The company is committed to investing in the growth of its subsidiaries while respecting and maintaining their individual business identities , cultures and leadership . For more information , please visit www.ladenburg.com This press release includes certain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , including statements regarding future financial performance , and future growth . These statements are based on management 's current expectations or beliefs and are subject to uncertainty and changes in circumstances . Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic , business , competitive and / or regulatory factors , and other risks and uncertainties affecting the operation of the Company 's business . These risks , uncertainties and contingencies include those set forth in the Company 's annual report on Form 10 - K for the fiscal year ended December 31 , 2013 and other factors detailed from time to time in its other filings with the Securities and Exchange Commission . The information set forth herein should be read in light of such risks . The Company is under no obligation to , and expressly disclaims any obligation to , update or alter its forward - looking statements , whether as a result of new information , future events , changes in assumptions or otherwise . # # #