Summary of LADENBURG THALMANN FINANCIAL SERVICES INC

Item 5.07 Submission of Matters to a Vote of Security Holders.

Ladenburg Thalmann Financial Services Inc. held its 2012 annual meeting of shareholders on September 28, 2012. Listed below are the matters voted upon and the final results of such voting:

1. Our shareholders elected each of the individuals nominated for election for a one-year term and until their successors are elected and qualified as follows:

    Name                          For          Authority Withheld     Broker Non-Votes
    Henry C. Beinstein        125,403,082              7,418,261            35,982,855
    Dr. Phillip Frost         119,905,717             12,915,626            35,982,855
    Brian S. Genson           125,891,259              6,930,084            35,982,855
    Saul Gilinski             126,097,931              6,723,412            35,982,855
    Dmitry Kolosov            126,095,899              6,725,444            35,982,855
    Dr. Richard M. Krasno     125,883,998              6,937,345            35,982,855
    Richard J. Lampen         125,976,662              6,844,681            35,982,855
    Howard M. Lorber          119,905,576             12,915,767            35,982,855
    Jeffrey S. Podell         126,098,009              6,723,334            35,982,855
    Richard J. Rosenstock     124,784,141              8,037,202            35,982,855
    Jacqueline M. Simkin      126,013,022              6,808,321            35,982,855
    Mark Zeitchick            124,782,706              8,038,637            35,982,855

2. Our shareholders approved the advisory vote on executive compensation, which we refer to as the "say on pay" vote, as follows:

For Against Abstain Broker Non-Votes 125,388,118 1,771,565 5,661,652 35,982,863

3. Our shareholders approved the Amended and Restated Ladenburg Thalmann Financial Services Inc. Qualified Employee Stock Purchase Plan as follows:

For Against Abstain Broker Non-Votes 125,844,913 1,345,426 5,630,996 35,982,863

4. Our shareholders ratified the selection of EisnerAmper LLP as our independent registered public accounting firm for 2012 as follows:

              For              Against         Abstain      Broker Non-Votes
              160,666,405     2,539,337       5,598,456     N/A


--------------------------------------------------------------------------------
  Top of the Form