Provident Royalties

• 

  Berthel Fisher Adds 26 Reps From Defunct Milkie Ferguson

  By Janet Levaux, AdvisorOne  |  August 14, 2012

  The broker-dealer plans to make more purchases and step up recruiting, CEO Thomas Berthel said.

• Ladenburg Thalmann to Buy Securities America

  By Janet Levaux, AdvisorOne  |  September 29, 2011

  Ladenburg Thalmann said that it planned to pay Ameriprise Financial $150 million in cash for Securities America in late August. In addition, the Miami-based broker-dealer says it will pay up to $70 million in 2012 and 2013 in so-called earn-outs, as the firm explained in an SEC report. Plus, Ameriprise...

• 

  Securities America Sale: Final Price Could Be $220 Million; Big Retention Bonuses

  By Janet Levaux, AdvisorOne  |  August 19, 2011

  Ladenburg Thalmann files 8-K; retention bonuses of 15% of yearly fees and commissions are being offered by the company, sources say.

• 

  Securities America Settlement May Speed Up Its Sale

  By Janet Levaux, AdvisorOne  |  August 10, 2011

  A judge gives final approval of an $80 million class-action settlement; other suits could still emerge, experts say

• 

  Beware Private Placements: Lessons From MedCap, Provident and DBSI

  By Robert Bloink, Esq., LL.M., William H. Byrnes, Esq.  |  April 22, 2011

  Make sure to exercise caution when offering private placements

• 

  Securities America, Ameriprise Said to Be Near Settlement With Plaintiffs

  By James J. Green, AdvisorOne, Janet Levaux, AdvisorOne  |  April 13, 2011

  The IBD tells its reps it is making “good progress” toward settlement over private placement securities.

• 

  Securities America’s Calls With FAs Focus on ‘Progress’

  By Janet Levaux, AdvisorOne  |  March 29, 2011

  Mood of some Securities America advisors and experts remains cautiously hopeful, while others stay skeptical

• 

  Securities America Isn't Only BD That Sold Provident, Med Cap, List Shows

  By Janet Levaux, AdvisorOne  |  March 23, 2011

  While most advisors may emerge unscathed, the independent broker-dealers that survive may need to rework operations to stay afloat.