Ladenburg Thalmann Financial Services, Inc., through its subsidiary, engages in the retail and institutional securities brokerage, investment banking services, asset management services, and investment activities primarily in the United States. It offers general investment banking and corporate finance consulting services, as well as provides services, such as underwriting of public equity and debt offerings; specified purpose acquisition companies underwriting; placement of private debt and equity offerings; merger, acquisition, and divestiture advisory services; rendering fairness and solvency opinions; and financial valuations. The company also provides wealth management, alternative investments, private investment management, and retirement plan sponsor services, as well as offers an asset management program to assist customers in achieving their desired investment objectives through centralized management of mutual fund and exchange-traded fund portfolios based on asset allocation models. In addition, it reviews and analyzes general market conditions and other industry groups; issues written reports on companies, with recommendations on specific actions to buy, sell, or hold; furnishes information to retail and institutional customers; and responds to inquires from customers and account executives. Ladenburg Thalmann serves principally middle market and emerging growth companies, and high net worth individuals. The company was founded in 1876 and is headquartered in Miami, Florida.