EXHIBIT 99.7

                          Nominee Holder Certification


         The undersigned, a bank, broker, trustee, depository or other nominee
holder of subscription rights ("Subscription Rights") to purchase shares of
common stock, par value $0.0001 per share ("Common Stock"), of Ladenburg
Thalmann Financial Services Inc. (the "Company") pursuant to the Rights Offering
described and provided for in the Company's prospectus dated ________, 2002
("Prospectus"), hereby certifies to the Company and to American Stock Transfer &
Trust Company (the "Subscription Agent") that:

         o        the undersigned has subscribed for the number of shares of
                  Common Stock specified below pursuant to the Basic
                  Subscription Right (as described in the Prospectus) and the
                  Over-subscription Privilege (as described in the Prospectus)
                  on behalf of beneficial owners of Subscription Rights who have
                  exercised the Subscription Rights, listing separately below
                  each such exercised Basic Subscription Right and the
                  corresponding Over-subscription Privilege (without identifying
                  any such beneficial owner); and

         o        each such beneficial owner exercising its Over-subscription
                  Privilege has exercised its Basic Subscription Right in full.

<Table>
<Caption>

            Number of Shares Owned, or        Number of Shares Subscribed for   Number of Shares Subscribed for
            Deemed Owned, on the Record Date  Pursuant to Basic Subscription    Pursuant to Over-subscription
                                              Right                             Privilege
<S>             <C>                             <C>                               <C>
 1.
 2.
 3.
 4.
 5.
</Table>


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Name of Bank, Broker, Trustee, Depository or Other Nominee


By:
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     Authorized Signature


Name:
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         (Please type or print)