New deal takes direct aim at such rivals as Kestra Financial and Cetera Financial Group.
The agency charged the adviser with lying to dozens of investors about returns.
Louisville adviser Mark Lamkin was terminated by LPL, in part for failing to disclose outside business activities.
Activities cited include suspicious trading, questionable transfers, and potentially false and misleading statements.
The SEC charged Frost with fraud earlier this month.
Recruiting video warns about potential consequences for advisers when a PE firm buys a broker-dealer.
The risk to Ladenburg Thalmann's reputation is too great for Dr. Phillip Frost to continue his association with the brokerage.
David Symecko, a 16-year veteran, joins a growing list of recruiters who have left the broker-dealer.
Wirehouse continues to back away from linking non-solicitation agreements to adviser bonuses.
Dr. Phillip Frost was among 10 individuals named in a lawsuit for participating in long-running schemes that generated over $27 million from unlawful stock sales and left investors holding virtually worthless stock, the SEC claims.
