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Securities America Tops $1 Billion in Mobile Check Deposits

LA VISTA, Neb.--(BUSINESS WIRE)--Financial advisors with Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS) recently surpassed $1 billion of deposits into client brokerage accounts using mobile devices such as a cell phone or tablet.

Sean Buckley, CFO of Buckley Financial Planning in Worthington, Ohio, was an early adopter of this technology.

“When using mobile check deposit, the cash from a check generally becomes available on the same day we receive the check,” Buckley said. “This gives me the option to invest the funds sooner.”