James S. Cassel and Scott E. Salpeter are leaving Ladenburg Thalmann to start up their own investment bank catering to private and publicly-traded middle market companies.

That new firm will be called Cassel Salpeter and it will be based in Miami. The two professionals have been with Ladenberg Thalmann for three years; they sold their advisory firm Capitalink to Ladenberg in 2007.

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