After a tumultuous 2011 in which the company got a new owner as well as a settlement of a series of investor claims involving fraudulent investments, Securities America has had a chance this year to fully focus on executing its business strategy.

Now part of Ladenburg Thalmann, which bought Securities America from Ameriprise for $150 million, CEO Jim Nagengast says key objectives are to hold on to advisors affiliated with the firm and to attract new ones. Nagengast also wants Securities America - the nation's eighth-largest broker-dealer in the latest FP50 rankings - to distinguish itself in a crowded marketplace by focusing on income distribution in retirement.

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