Cetera Financial Group says one of its broker-dealers has a new leader. Thomas B. Taylor is now president of Cetera Advisor Networks, replacing Douglas S. King, who left to “pursue entrepreneurial ventures.”
Taylor has served as senior vice president and chief operating officer of the broker-dealer, which has about 2,400 affiliated independent advisors and $75 billion in client assets under administration.
“As a longstanding and highly effective member of the senior leadership team at Cetera Advisor Networks, Tom has earned tremendous respect from the firm’s advisors, regional directors and staff for not only his leadership ability, but his depth and breadth of knowledge of all aspects of the business,” said Cetera Financial Group CEO Robert Moore, in a statement.
Taylor has been in the business for 26 years and joined Cetera Advisor Networks in 1997. He became COO in 2006. Before joining Cetera, he worked for five years as a registered representative at Liberty Securities/IFMG.
For his part, King spent 20 years at Cetera. He became president in April 2012.