Cetera announced the addition of a new team of financial specialists, with plans to recruit more advisors, indicating a continued recruitment push from the large broker/dealer. This comes after the firm confirmed on Friday a further “small workforce reduction” to non-advisor teams. On Tuesday, San Diego-based Cetera announced that cousins Matthew and Christopher Callero would […]
Cetera Adds $265M Growth-Minded Team to Tax Channel Read More »
Cetera Financial Group has fired an employee accused of making racist comments in an Instagram video that has gone viral. In the widely circulated video on social media, a man is speaking to an Uber driver at the Denver airport, saying, “Get out of the country. I’ll get ICE.” He then shows his middle finger
Cetera Fires Employee Accused of Racism in Viral Video Read More »
It was a ho-hum week in the registered investment advisor deal space, with just three acquisitions of more than $1 billion in assets. In what feels almost slow in today’s frenzied market, Peter Mallouk’s Creative Planning continued its push into Silicon Valley with a $1.3-billion San Jose-based firm, Signature Estate & Investment Advisors made its
Dynasty and Cetera Add Advisors Read More »
A Cincinnati-based team managing about $715 million in client assets is joining LPL Financial from Cetera. Concentric Wealth Management is led by Patrick Burke and Matt Tarka, and was affiliated with Avantax (which Cetera acquired in 2023). The firm was founded as an accounting firm over 40 years ago, and added wealth management services 15 years
LPL Financial Attracts $715M Team from Cetera Read More »
Some of the country’s largest broker/dealers added financial advisors overseeing a combined $914 billion to their registered investment advisor affiliation channels. In the past couple of weeks, Cetera Financial Group, LPL Financial and Raymond James have poached from competitors Commonwealth, Edward Jones and B. Riley Wealth, even as they compete in a market with acquisitive
Cetera, LPL, and Raymond James Bolster RIA Channels Read More »