Announcing Strategic Relationship with The W Source™

Ladenburg’s Highland Capital Brokerage Subsidiary Announces Strategic Relationship with The W Source™ to Facilitate Additional Growth Opportunities for Female Financial Advisors

Alliance Between W Source and Highland’s Constellation and Muse Platforms Seeks to Provide New Avenues for Women in the Independent Financial Advice Industry to Grow and Strengthen their Practices

Birmingham, Ala. — Mar. 8, 2019 — Highland Capital Brokerage (“Highland”), a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK) (“Ladenburg”), today announced that its Constellation and Muse platforms have entered into a strategic relationship with The W Source™, a nationwide networking organization for female professionals. The alliance is intended to promote the advancement of women in the financial advice industry by providing female advisors and insurance producers with new opportunities for growth through business network referrals. Highland is a leading provider of life insurance, annuities and long-term-care solutions to financial advisors.

Highland’s Constellation platform provides turnkey support in marketing, processing, carrier selection and other critical business areas for advisors and producers utilizing the group’s diversified insurance offerings. Its Muse platform provides practice management guidance for insurance-focused producers through study group workshops, national meetings and other offerings, along with back-office support to increase producers’ growth potential.

The W Source™ was launched in September 2017 with corporate offices in Santa Barbara, California. The organization provides female professionals with new opportunities to grow their businesses by helping them establish networking groups of 20-25 professionals in their local areas, as well as by offering proprietary tools and resources, marketing support and dedicated sales coaches to assist them in operating their local chapters. Members include financial advisors, CPAs, attorneys and risk management specialists.

Jim Gelder, Chief Executive Officer of Highland Capital Brokerage, said, “This collaboration between The W Source and our Constellation and Muse platforms provides another key differentiator in Highland’s efforts to serve female advisors and insurance producers by positioning them to achieve even greater growth and success in their local markets. The W Source provides exciting new avenues for female professionals to expand their networks, supplement their own expertise and identify significant new business opportunities through mutually beneficial referral relationships. Highland is very pleased to play an important role in the ongoing success of female advisors and insurance producers through this new relationship.”

Hannah Buschbom, Co-Founder of The W Source™, said, “We are excited to be working with Highland Capital Brokerage’s Constellation and Muse platforms through this crucial relationship. Our two organizations share a vitally important goal: We both want to empower female advisors and insurance producers to establish lasting bonds with like-minded professionals in their local markets, in order to position them and the members of their networks to share in mutually reinforcing opportunities to drive ongoing success. This alliance is a great example of putting words into action.”

Paul Lofties, Senior Vice President of Wealth Management for Ladenburg Thalmann, said, “We are thrilled to announce this strategic relationship between The W Source and Highland’s Constellation and Muse platforms, and we believe it will add substantial value for female advisors and insurance producers, both those already working with Highland and those we hope will join in the future. We want to create opportunities for women professionals to build active and valuable center-of-influence networks that can help them continue to grow their businesses, and The W Source has introduced an innovative and effective approach to do just that. We look forward to everything Highland and The W Source will accomplish together.”

To learn more about The W Source™, please call 1-833-W-SOURCE or visit www.thewsource.com. For information about Ladenburg, visit www.ladenburg.com.

About Ladenburg
Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK) is a publicly-traded diversified financial services company based in Miami, Florida. Ladenburg’s subsidiaries include industry-leading independent advisory and brokerage (IAB) firms Securities America, Triad Advisors, Securities Service Network, Investacorp and KMS Financial Services, as well as Premier Trust, Ladenburg Thalmann Asset Management, Highland Capital Brokerage, a leading independent life insurance brokerage company, Ladenburg Thalmann Annuity Insurance Services, a full-service annuity processing and marketing company, and Ladenburg Thalmann & Co. Inc., an investment bank which has been a member of the New York Stock Exchange for over 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.

About Highland Capital Brokerage
Highland Capital Brokerage is a national brokerage company providing point-of-sale support, advanced marketing and creative estate and business planning techniques to financial advisors and insurance professionals. We deliver these services in an efficient, client-focused environment that extends to carrier and product expertise, underwriting negotiation, and complete back office processing. Our core competencies include life insurance, annuities and long-term care. Highland delivers objective access to major insurance carriers, advanced planning support, expertise in risk underwriting, and back office processing to insurance brokers, financial planners and various institutions such as banks, wirehouses, and certified public accountant firms. To learn more about Highland Capital Brokerage, visit www.highlandbrokerage.com.

About The W Source™
The W Source™ is a unique women’s network that connects like-minded professionals and service providers. Unlike other organizations, The W Source™ uses a proven approach to help professionals increase referrals and grow their businesses while fostering a network of female professionals and service providers to share ideas, knowledge, and opportunities. We facilitate a dynamic environment for our members to collaborate through connections within the local community. Our members represent a diverse business group of various specialties, goods, and professional services.

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future growth and growth of our independent brokerage and advisory business. 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, including the United States Department of Labor’s rule and exemptions pertaining to the fiduciary status of investment advice providers to 401(k) plans, plan sponsors, plan participants and the holders of individual retirement or health savings accounts, future cash flows, a change in the Company’s dividend policy by the Company’s Board of Directors (which has the ability in its sole discretion to increase, decrease or eliminate entirely the Company’s dividend at any time) 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, 2017 and other factors detailed from time to time in its other filings with the SEC. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that the Company’s quarterly revenue and profits can fluctuate materially depending on many factors, including the number, size and timing of completed offerings and other transactions. Accordingly, the Company’s revenue and profits in any particular quarter may not be indicative of future results. 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, except as required by law.

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Haven Tower Group
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