Ladenburg Thalmann Financial Services has completed its acquisition of Premier Trust, a provider of wealth management services, including trust administration, estate and financial planning, custody and investment services.

Founded in 2001, Premier is headquartered in Las Vegas, Nevada, with assets under administration of approximately USD530m.

Working in combination with a client's other legal and professional advisers, Premier professionals assist with every aspect of planning, including retirement, income and estate taxes, succession of the family business, transferring assets to future generations and asset protection.

Mark Dreschler, president and chief executive officer of Premier, and the rest of Premier's management team will continue to operate Premier out of its Las Vegas headquarters.

Robert W. Bruderman, a member of Ladenburg's management committee and one of the founders of Premier and of Ladenburg's Triad Advisors subsidiary, will serve as chairman of the board of Premier.

"We are delighted to complete the acquisition of Premier," says Dr. Phillip Frost (pictured), chairman of the board of Ladenburg. "The addition of Premier further differentiates Ladenburg and provides our growing network of independent financial advisors with unparalleled access to a broad array of trust services for clients."