Cetera nabbed a Pennsylvania team led by Kim Brumbaugh from Lincoln Financial Advisors while Stifel hired Washington duo Tim Devlin and Michael Jeremiah from Wells Fargo Advisors.
The fine and censure agreed to by Cetera Advisor Networks mirrored previous sanctions against Securities America and Kestra Investment Services over broker recruits who shared client details with a third party vendor.
Muhlenfeld & Huish, with $140 million in Assets Under Management, Joins Cetera via Wilde Wealth Management
Muhlenfeld & Huish, a financial services firm with more than $140 million in assets under management, will be joining Cetera…
LOS ANGELES, Dec. 16, 2020 /PRNewswire/ — Cetera has announced the affiliation of financial professional, Mike Self, who has joined Scottsdale, AZ-based Wilde Wealth Management (Wilde Wealth).…
Former CEO of Cetera and president of LPL buys stake in $21.7 billion-asset Private Advisor Group and becomes CEO of the 650-advisor LPL brokerage practice.
Pierce, who left Stifel in February, will develop recruiting strategies as head of business development for the 8,000-broker Cetera’s network of independent brokers.
Cetera Financial Group, the 8,000-advisor independent broker whose credit outlook was downgraded recently, has cut several senior managers in recent weeks amid a broad “organizational realignment.”
A veteran Texas independent advisor changes broker-dealers, a Merrill duo in Indiana affiliate with Oregon-based RIA.
Advisor undertakes the pain of repapering client accounts in return for his bet on stronger client-centric service and “pricing efficiencies” for his 12-member team.