Ladenburg Thalmann Launches $ymbil – A Robo-Advisor Platform

March, 21 2016 | Prashant Mehta


MIAMI– Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS, LTS PrA) (“Ladenburg”) today launched $ymbilSM, 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 $500, $ymbil allows clients to fund their accounts and start investing in minutes.

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

Read the full press release here:—a-robo-advisor-platform