Securities America

What Securities America does

Securities America, Inc. is a U.S. broker/dealer founded in 1984 and headquartered in La Vista, Nebraska. The firm has been consolidated into Osaic, one of the nation's largest wealth management solutions providers, operating as one of several affiliated broker-dealer and registered investment adviser entities under the Osaic umbrella (alongside Osaic Wealth, Osaic Institutions, Osaic Services, Ladenburg Thalmann & Co., Ladenburg Thalmann Asset Management, Osaic Advisory Services, CW Advisors, and VISION2020 Wealth Management). Securities America's core offering is a broker/dealer platform that provides securities trading, investment advisory services, and access to a broad range of financial products for independent financial advisors and the retail and high-net-worth clients they serve. Its technology stack is best characterized as a traditional broker/dealer platform with regulatory and supervisory infrastructure, without disclosed proprietary AI, data, or digital-first capabilities.

The company monetizes across three primary revenue streams: (i) brokerage commissions and transaction fees on securities trades, including mutual fund switches and sales; (ii) recurring advisory fees on investment advisory accounts; and (iii) mutual fund distribution and short-term trading fees. Pricing is quote-based and not publicly disclosed, consistent with industry norms for broker-dealer and advisory services. Securities America distributes its services through three channels: a captive network of independent financial advisors (channel/reseller model), financial institutions such as banks and credit unions (channel/reseller model), and direct brokerage services to mid-market clients through registered representatives.

Securities America's customer base spans individual investors and families (the primary end-client persona served through advisor relationships), independent financial advisors and planners (the primary business customer), and financial institutions (a secondary channel). At the Osaic network level, the platform reaches 4M+ clients, 11,000+ financial professionals, and 270+ financial institutions nationwide, providing substantial scale. The firm has no public listing and is privately held as a subsidiary of strategic operating parent Osaic. In December 2025, Securities America agreed to a $3 million FINRA settlement covering supervisory failures on mutual fund recommendations from 2018 to 2024, a notable compliance event that reflects operational risk in its supervisory processes.

Name

Securities America

Legal name

Securities America, Inc.

Website

https://securitiesamerica.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Securities America is a U.S. broker/dealer founded in 1984, consolidated under Osaic, that provides securities trading and investment advisory services to independent financial advisors and their retail and high-net-worth clients across the United States.

Ownership category

akta.pro rank

Product category

Broker-Dealer Wealth Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

IPO & New Issue Issuer Services (Listing/ISIN setup) (FSACAKAH)

Keywords

• Broker-dealer services
• Wealth management platform
• Investment advisory services
• Securities brokerage
• Independent advisor support

Headquarters

HQ city

La Vista

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Brokerage commissions and transaction fees: Earns commissions and transaction fees on securities trades executed for customers, including mutual fund switches and sales.
2. Advisory fees: Charges advisory fees for investment advisory services provided to clients through financial professionals.
3. Mutual fund distribution fees: Earns fees related to mutual fund recommendations and sales, including short-term trading fees.

Distribution channels3 records

Marketing channels2 records

Core offering

Securities America operates as a broker/dealer platform providing securities trading execution and investment advisory services to independent financial advisors and their end clients. Consolidated under Osaic, it offers brokerage, advisory, and wealth management infrastructure including regulatory compliance support, product access, and administrative services to a network of financial professionals and financial institutions.

Product overview

Securities America operates as a broker/dealer consolidated into Osaic, one of the nation's largest wealth management platforms. The company offers a unified platform-plus-modules architecture comprising multiple broker-dealer firms (Osaic Wealth, Osaic Institutions, Osaic Services, Ladenburg Thalmann & Co.) and registered investment advisers (Ladenburg Thalmann Asset Management, Osaic Advisory Services, CW Advisors). Together these entities provide securities trading, investment advisory services, and sponsored advisory programs to over 11,000 financial professionals serving 4 million clients across 270+ financial institutions nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Brokerage Services

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• OsaiccoreStrategic or Co-development PartnerSecurities America is consolidated into Osaic, one of the nation's largest providers of wealth management solutions. Osaic serves as the parent organization, providing the platform and network of 11,000+ financial professionals across 270+ financial institutions serving 4M+ clients nationwide.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• LPL Financial: LPL Financial is the largest independent broker-dealer in the U.S., serving tens of thousands of financial advisors with brokerage, advisory, and wealth management infrastructure — directly comparable to Securities America's core business of providing a broker-dealer platform for independent advisors.
• Lincoln Financial Advisors: Lincoln Financial Advisors operates an independent advisor and broker-dealer channel within Lincoln Financial Group, offering wealth management, brokerage, and advisory services to financial professionals — closely aligned with Securities America's model.
• Raymond James Financial Services: Raymond James Financial Services is the independent contractor channel of Raymond James, providing broker-dealer and advisory support to thousands of independent financial advisors — a directly comparable peer to Securities America.
• Advisor Group: Advisor Group is one of the largest independent broker-dealer networks in the U.S., supporting thousands of advisors across multiple subsidiaries — a directly comparable peer in scale, business model, and advisor support services to Securities America.
• Cambridge Investment Research: Cambridge is one of the largest independent broker-dealers in the U.S., supporting thousands of independent financial advisors with brokerage and advisory infrastructure — directly comparable in business model and advisor support to Securities America.
• Cetera Financial Group: Cetera is a major independent broker-dealer serving independent financial advisors and institutions with securities, advisory, and wealth management services, making it a directly comparable peer to Securities America within the IBD ecosystem.
• Commonwealth Financial Network: Commonwealth is a privately held independent broker-dealer and registered investment adviser serving thousands of independent financial advisors, providing the same platform-plus-support model that Securities America offers.

Broad incumbents

• Ameriprise Financial Services: Ameriprise Financial operates a large franchise of financial advisors providing brokerage, advisory, and wealth management services. While not purely an independent broker-dealer, it overlaps meaningfully with Securities America's advisor-served wealth management offering.
• Charles Schwab (Independent Advisor Services): Charles Schwab provides custody, brokerage, and technology services to independent financial advisors through its Schwab Advisor Services division. It is a broader incumbent in the same ecosystem where Securities America operates, supplying infrastructure that many independent broker-dealers rely upon.
• Northwestern Mutual Investment Services: Northwestern Mutual operates a captive and hybrid advisor channel providing securities, advisory, and wealth management services to clients. It competes in the same advisor-served wealth management space as Securities America, though via a more captive model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key highlights6 records

Customer concentration

• Xx.com/SecuritiesAm
• Facebookfacebook.com/SecuritiesAmericaInc
• LinkedInlinkedin.com/company/326998
• Instagraminstagram.com/osaic_inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Securities America