Bringing you live news and features since 2006 

Ladenburg Thalmann launches new robo-adviser platform $ymbil


Ladenburg Thalmann Financial Services has launched $ymbil, a self-service investment platform that matches clients of Ladenburg affiliated advisors to a diversified portfolio consistent with their personal risk tolerance. 

Requiring a minimum investment of USD500, $ymbil allows clients to fund their accounts and start investing in minutes.

“With $ymbil, we are helping advisors address the growing demand for wealth management services that harness the combined benefits of automation and human insight,” says Adam Malamed (pictured), Ladenburg’s Chief Operating Officer. “$ymbil appeals to financial advisors and investors looking to maximize the benefits of technology with automated client registration, account administration, reporting and operational efficiencies.

“The launch of $ymbil comes along with a series of product and service innovations that Ladenburg has introduced into the marketplace. As our growth continues, advisors will benefit from an expanding suite of features and tools on the $ymbil platform that complement traditional wealth management services. This is a time of innovation in the financial services industry. On behalf of the 4,000 independent financial advisors affiliated with our network, Ladenburg plans to remain on the cutting edge.”

$ymbil uses proprietary scoring methodology to recommend portfolios in multiple risk categories. The portfolios use globally diversified asset allocations tactically managed by Ladenburg Thalmann Asset Management Inc (LTAM) With the introduction of $ymbil, Ladenburg continues to evolve its suite of products and services built for advisors.

“We will continue to provide solutions such as $ymbil to empower our advisors to broaden their client relationships and sharpen their competitive edge,” says Philip Blancato, Chief Executive Officer and President of LTAM. “$ymbil was built with clients and advisors in mind, designed as a simple solution to enable advisors to refer clients and maintain long-term relationships. As the needs of our advisors and their clients evolve, we will continue to develop $ymbil as a robust resource.”

Blancato says: “While advisors enjoy the convenience and accessibility of $ymbil, they will also take comfort in the rigorous investment discipline of the diversified portfolios available through the platform. They are actively managed by a seasoned investment team that employs strategic asset allocation and tactical decisions to capitalise on market conditions and unique investment opportunities.”

Ladenburg’s affiliated advisors can access $ymbil through The Ladenburg Wealth Management Advantage, a suite of comprehensive wealth management tools, services and resources offered by Ladenburg and its companies, including capital markets and investment banking services, asset management programs, trust services, and sophisticated insurance solutions.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by