Birmingham, AL: March 13 2015 – Highland Capital Brokerage, Inc. (HCB), a subsidiary of Ladenburg Thalmann Financial Services, Inc (LTS), announced today that Michael Herron, CLU, ChFC, has accepted a new position in the company as Sr. Vice President, Independent Broker Dealer Distribution. In this position, Herron will be responsible for the synergy initiatives between HCB and other Ladenburg Thalmann businesses, in particular the independent broker/dealers (IBDs). Herron will also provide leadership for the company’s "non-core" insurance products such as Disability Insurance, Long Term Care Insurance, and Annuities.
"We are very pleased that Michael has accepted this new position on the Highland Capital Brokerage team,” said Jim Gelder, CEO. “Michael brings a unique capability and experience in developing strategic relationships. Under his leadership, we will partner with the LTS firms to facilitate the sale of life insurance, annuities and other non-core insurance products.”
Since 2012, Herron has served as a Managing Principal in the company’s Northwest office located in Seattle. Prior to that Herron served as Senior Vice President, National Sales Leader and agency principal for Marsh's Private Client Life Insurance Services business. While there, he oversaw both wholesale and retail insurance distribution, as well as played the critical role in evaluating and establishing new strategic business relationships and opportunities with carriers, broker dealers, and financial advisors. Before Marsh, Herron was a Senior Regional Specialist with Time Financial, a Crump Company, and a Senior Account Executive at The Hartford.
About Highland Capital Brokerage
Committed to helping successful financial advisors and insurance professionals to grow their business, Highland Capital Brokerage, Inc. (HCB) creates trusted relationships by delivering customized insurance solutions, personalized local service and support, and superior value. HCB has differentiated itself among multi-carrier brokerage agencies through an emphasis on providing value-added marketing and point-of-sale support. HCB provides 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.
Securities offered through NFPAS, Member FINRA/SIPC. Highland Capital Brokerage is not affiliated with NFPAS.
About Ladenburg Thalmann
Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS, LTS PrA) is a publicly-traded diversified financial services company based in Miami, Florida. Ladenburg’s subsidiaries include industry-leading independent broker-dealer firms Securities America, Inc., Triad Advisors, Inc., Investacorp, Inc., KMS Financial Services, Inc. and Securities Service Network, Inc. as well as Premier Trust, Inc., Ladenburg Thalmann Asset Management, Highland Capital Brokerage, Inc., a leading independent life insurance brokerage company, and Ladenburg Thalmann & Co. Inc., an investment bank which has been a member of the New York Stock Exchange for 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