Overview
LTAM Advisory Services
Each client has a Financial Adviser, who may be a Financial Adviser of Ladenburg Thalmann Asset
Management Inc. (“LTAM”), Triad Advisors, LLC., Osaic Advisory Services, LLC., Securities America
Advisors, Inc., and Arbor Point Advisors, LLC. all of which are affiliates of LTAM, as described in “Other
Financial Industry Activities and Affiliations” below. The Financial Adviser may also be registered as, or a
Financial Adviser of, an investment adviser that is not affiliated with LTAM. The Financial Adviser may also
be a broker-dealer representative of Ladenburg Thalmann & Co. Inc., (“LTCO”), Triad Advisors, LLC., or
Securities America, Inc. Clients who wish to participate in the LAMP – Managed Annuity Program will enter
into a LAMP-Managed Annuity Program agreement. The agreement will set forth which investment advisory
entity is providing consulting services in connection with the client’s account.
In addition to signing the LAMP-Managed Annuity Program agreement, clients must complete documentation
necessary under the applicable variable annuity contract to grant the applicable adviser and LTAM the
authority and access to information necessary to perform the services set forth in the agreement.
Clients inform their Financial Advisers of the investment objectives, risk tolerance, and investment time
horizon, and any investment policies,
guidelines, or reasonable restrictions applicable to the assets under the
variable annuity contract that they want managed in the LAMP–Managed Annuity Program. Based on the
information provided, the Financial Adviser assists the client in selecting an investment strategy for the
client’s account from those available through the program.
A team of investment managers employed by Ladenburg Thalmann Asset Management Inc. (“LAMP
Managers”) manage the accounts in LAMP on a discretionary basis by allocating the assets between available
sub-accounts in accordance with the investment strategy that the client selects and information provided by the
client. Any restrictions on the management of an account imposed by a client may cause the LAMP Managers
to deviate from the investment decisions they would otherwise make in managing the account. LTAM will not
have the discretion to select a different investment strategy without the client’s written authorization.
LTAM provides various other types of advisory services in addition to and separate from the services
described in this brochure. These services are described in other LTAM brochures. More information about
these services is available upon request.
Assets Managed
LTAM managed $1,323,304,392 of assets on a discretionary basis and $2,995,533,783 of assets on a non-
discretionary basis as of 12/31/2023.