An industry veteran formerly aligned with SA Stone Wealth Management has launched a super-Office of Supervisory Jurisdiction with Securities America.
David Pintaric, who began his financial services industry career in 1986, has formed Youngstown, Ohio-based William R. Pintaric & Associates, according to a press release from Securities America, a subsidiary of Ladenburg Thalmann Financial Services.
Pintaric will tap into his own network as well as get assistance from Securities America’s recruiting team to bring on new advisors, Securities America says.
Pintaric named his super-OSJ — or extra-large OSJ — in tribute to his father, a financial advisor and founder of WRP Investments, where David Pintaric started his career, according to his BrokerCheck profile.
At SA Stone, he was the firm’s national director of sales and practice management, Securities America says.
Earlier this month, Ladenburg agreed to be acquired for $1.3 billion by Advisor Group, whose network includes the broker-dealers FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial and Woodbury Financial.
Ladenburg’s independent advisory and brokerage firms include Securities America, Triad Advisors, Investacorp, KMS Financial Services and Securities Service Network. Under the terms of the deal, Ladenburg’s firms will not be merged with Advisor Group’s firms.
In November, Securities America lost a pair of financial advisors to LPL Financial, which since the beginning of October has also poached advisors from FSC, Royal Alliance and Woodbury. In October, meanwhile, Securities America added a $160 million practice from Summit Brokerage Services.