Cetera Buying Fellow IBDs Tower Square, Walnut Street From MetLife
With the addition of 800-plus MetLife independent reps, the Cetera BD network will comprise 7,000 advisors managing $130 billion in assets.
New Hire Roundup: James Hanna Joins Genworth; Morningstar CFO Departs
This week in new hires, Genworth hires a new CTO; Morningstar announced changes in its senior management; and FSI hired Kathryn Anderson and added 500 new advisor members.
Cetera Rebrands Its Four BDs
Cetera Financial Group announced Tuesday that it was embarking on a unified rebranding that would change the names of its four broker-dealers, but would “not change the way Cetera and its firms operate.”
Cetera Completes Genworth Financial Acquisition
Cetera Financial Group, the renamed and rebranded broker-dealer group once owned by ING and now owned by the private equity firm Lightyear Capital, announced on Monday that it has completed the acquisition of Genworth Financial Investment Services.
Cetera Financial to Acquire Genworth FIS Broker-Dealer
Firm that focuses on tax professionals as advisors will become fourth BD at Cetera.
Cetera Enrolls 3,500 Advisors as FSI Members to Boost Lobbying Effort
All three of Cetera’s broker-dealer firms-–Financial Network Investment Corp., Multi-Financial Securities Corp. and PrimeVest Financial Services Inc.–-and their affiliate advisors are now members of FSI.
Making the Most of a Mentor
Financial advisors-in-training must be ambitious, gutsy and thrive on hard work. That’s just for starters. And who is best qualified to guide these rookies on their challenging journey to profit and prosperity? Somebody who’s walked miles and miles in their shoes: in other words, a caring mentor.
Advisors Upbeat, With Wirehouse FAs Likely to Switch Firms: Top Recruiter
In the face of intense market volatility, financial advisors are surprisingly upbeat about the future of their businesses, executive recruiter Mark Elzweig, president Mark Elzweig Co., tells AdvisorOne.
Raising the Bar
For John Brackett, business isn’t all that bad.
Succession Planning: BD vs. RIA; What Really Moves Markets: July Investment Advisor—Slideshow
July brings our succession planning issue.