Ladenburg Thalmann Asset Management INC
Assets Under Management
$5.6B
Number of Clients
3,334
Number of Advisors
20
Average Client AUM
$1.7M
AUM per Advisor
$280.6M
Compensation
Fee-Only (AUM)
About This Firm
Ladenburg Thalmann Asset Management Inc. offers investment management services through its LAMP – Managed Annuity Program. Clients work with financial advisors to select an investment strategy based on their objectives and risk tolerance. LAMP Managers then manage the accounts on a discretionary basis, allocating assets between available sub-accounts within the variable annuity contract. The firm also provides other advisory services described in separate brochures.
Fee Structure
The LAMP Managed Annuity Program charges an asset-based fee, which is subject to negotiation between the financial advisor and the client. The maximum annual fee rate is 1.50%. Clients can choose to have the fee deducted from their annuity contract, a non-retirement brokerage account, or receive a bill. Deduction of fees directly from the client’s annuity contract can cause the client’s contract riders to be reduced, forfeited or trigger a contingent deferred sales charge.
Areas of Practice
Location
640 Fifth Avenue, 4th Fl., New York, NY, 10019