Cetera announced on Tuesday that it has appointed Michael Ragunas as chief information officer to help the organization develop and implement technology across all its lines of business.
Cetera Financial Group comprises several firms: Cetera Advisors, Cetera Advisor Networks, Cetera Financial Institutions, Cetera Financial Specialists, First Allied Securities, Girard Securities and Summit Brokerage Services.
Ragunas will take a “particular focus” on the Advice Architect Ecosystem Cetera rolled out in May, and will oversee all of the firm’s information technology, telecommunications and related systems.
Ragunas formerly was chief technology officer for Payfone Inc, and chief information officer for Fanatics Inc., an online retailer that sells officially licensed sports merchandise.
In the financial services industry, he held senior technology positions at Bank of America.
Ragunas will report directly to CEO Robert Moore from Los Angeles.