Ladenburg Thalmann
Ladenburg Thalmann & Co. Inc. is a New York-based middle-market investment bank founded in 1876, providing investment banking advisory, capital markets execution, equity research, and wealth management services to small and mid-cap companies, healthcare/biotech issuers, and mass-affluent investors. The firm operates as a subsidiary of Osaic, Inc.
- Company typePrivate
- Founded1876
- HeadquartersMiami, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Ladenburg Thalmann does
Ladenburg Thalmann & Co. Inc. is a New York-based middle-market investment bank founded in 1876 by Adolph Ladenburg and Ernst Thalmann. The firm, which became an NYSE member in 1879, offers four service lines: Investment Banking (equity and debt capital raising, mergers and acquisitions advisory, corporate finance advisory, and fairness opinions), Equity Research (fundamental research coverage across healthcare, biotechnology, medical technology, REITs, and utilities for institutional investors), Capital Markets (underwritten offerings, registered direct offerings, at-the-market programs, and PIPEs), and Wealth Management (delivered through the Wealthscape platform). The firm's strategic emphasis is on small and mid-cap public and private companies, with particular depth in healthcare and biotechnology.
The firm makes money through three primary revenue streams: (1) transaction-based professional services fees from investment banking and capital markets mandates, (2) recurring commissions and advisory fees from wealth management activity via independent financial advisors, and (3) transaction-fee revenue from insurance brokerage through subsidiary Highland Capital Brokerage. The go-to-market is sales-led: direct coverage by investment banking teams targets middle-market companies for capital markets and advisory mandates, while an institutional sales and trading desk distributes equity research to institutional accounts. Distribution is materially amplified through its parent company Osaic, Inc., which provides access to approximately 11,000 independent financial professionals and over $450 billion in client assets.
The most recent disclosed annual revenue was $1.4 billion for fiscal 2018 (a 9.7% year-over-year increase) and $335.5 million for Q1 2019. In 2020, Ladenburg Thalmann was acquired by Advisor Group (now Osaic, Inc.) for approximately $1.3 billion enterprise value, taking the firm private. It now operates as a wholly owned subsidiary of Osaic, Inc., itself a portfolio company of Reverence Capital Partners. Barry Steiner and Mike Gideon serve as Co-Chief Executive Officers (appointed May 2024). Total client assets stood at $158.6 billion at year-end 2018 and $172.6 billion by Q1 2019, including $81.1 billion in advisory assets under management.
Ladenburg Thalmann firmographics
Firmographics- Name
- Ladenburg Thalmann
- Legal name
- Ladenburg Thalmann & Co. Inc.
- Website
- https://ladenburg.com
- Company type
- Private
- Founded year
- 1876
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Ladenburg Thalmann & Co. Inc. is a New York-based middle-market investment bank founded in 1876, providing investment banking advisory, capital markets execution, equity research, and wealth management services to small and mid-cap companies, healthcare/biotech issuers, and mass-affluent investors. The firm operates as a subsidiary of Osaic, Inc.
- Ownership category
- akta.pro rank
Ladenburg Thalmann industry classification
Industry- Product category
- Investment Banking
- NAICS
- Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Multi-Asset / Cross-Asset Brokerage (FSAEACAM)
- akta.pro secondary industries
- Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Trade Credit Insurance Brokerage (FSAEADAL)
Keywords
Where Ladenburg Thalmann is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ladenburg Thalmann business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Investment Banking & Capital Markets: Revenue from equity and debt capital raising, mergers and acquisitions advisory, corporate finance advisory, and fairness opinions for middle-market companies.
- Wealth Management: Securities brokerage and advisory services through independent financial advisors network, generating commissions, advisory fees, and service fees.
- Insurance Brokerage: Revenue from insurance brokerage through Highland Capital Brokerage, including life insurance and annuity products.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Ladenburg Thalmann product offering
Product offeringCore offering
Ladenburg Thalmann is a middle-market investment bank providing equity and debt capital raising, mergers and acquisitions advisory, corporate finance advisory, and equity research to small and mid-cap public and private companies, with a focus on healthcare, biotechnology, energy, and technology sectors. The firm also delivers wealth management and securities brokerage services through its independent financial advisor network under parent company Osaic.
Product overview
Ladenburg Thalmann & Co. Inc. is a middle-market investment bank offering a comprehensive suite of financial services. The firm operates as a platform-plus-services model, providing Investment Banking (M&A advisory, capital raising), Equity Research (fundamental analysis across healthcare, biotech, REITs, utilities), Capital Markets (underwritten offerings, ATM programs, registered directs, PIPEs), and Wealth Management (via Wealthscape platform). The DynamiX platform serves as the digital interface for their investment banking services. The firm specializes in healthcare and biotechnology sectors, serving small and mid-cap public companies alongside institutional investors and wealth management clients.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Banking Comprehensive investment banking services including equity and debt capital raising, mergers and acquisitions advisory, and corporate finance advisory for middle-market companies across healthcare, biotechnology, energy, and technology sectors.
- Equity Research
Quantifiable outcome
- $6.1 billion raised through 82 underwritten offerings in 2018
- +2 more outcomes
Companies that use Ladenburg Thalmann
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Ladenburg Thalmann technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ladenburg Thalmann partnerships and signals
Strategic signalScale indicators9 records
Recent moves7 records
Expansion highlights5 records
Ladenburg Thalmann competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Customer concentration
Ladenburg Thalmann social profiles
Digital presenceLadenburg Thalmann financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ladenburg Thalmann leadership team
Management profileNumber of profiles
Profiles5 records
Ladenburg Thalmann funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ladenburg Thalmann M&A and investment
M&A and investmentM&A7 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ladenburg Thalmann
What does Ladenburg Thalmann do?
Ladenburg Thalmann is a middle-market investment bank providing equity and debt capital raising, mergers and acquisitions advisory, corporate finance advisory, and equity research to small and mid-cap public and private companies, with a focus on healthcare, biotechnology, energy, and technology sectors. The firm also delivers wealth management and securities brokerage services through its independent financial advisor network under parent company Osaic.
Is Ladenburg Thalmann a public or private company?
Ladenburg Thalmann is a private company. It is classified as corporate owned and is currently operating.
When was Ladenburg Thalmann founded?
Ladenburg Thalmann was founded in 1876. It employs 101 to 250 people.
Where is Ladenburg Thalmann based?
Ladenburg Thalmann is headquartered in Miami, United States, in the North America region.
How does Ladenburg Thalmann make money?
Three revenue lines are on record. Investment Banking & Capital Markets are the primary driver. The others are wealth Management and insurance Brokerage.
Does Ladenburg Thalmann have an API?
No public API is recorded for Ladenburg Thalmann.
What industry is Ladenburg Thalmann in?
Ladenburg Thalmann's product category is Investment Banking. Its primary akta.pro industry code is FSAEACAM, Multi-Asset / Cross-Asset Brokerage, with a secondary code of BPAJANAE, Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing). Its NAICS code is 523150 and its SIC code is 6211.