What You Need to Know
- Abound will leverage Cetera's integrated technology, growth and operations support, and advice-focused platform, the companies said.
- Future You Wealth, an RIA, extended its deal with Zoe, whose platform connects clients with advisors.
- Blockchain technology firm tZERO’s BD subsidiary added support for clearing and settlement securities transactions.
Cetera Financial Group entered into a strategic relationship with Abound Credit Union that the companies said Wednesday will “expand investment services and enhance the member experience.”
The credit union is based in Radcliff, Kentucky, and has $2 billion in assets, according to Cetera.
As part of the deal, Cetera Investment Services will provide insurance solutions and investment advisory services to Abound, which will “leverage Cetera’s integrated technology,” growth and operations support, and advice-focused platform, the companies said in a joint announcement.
The partnership provides Abound financial consultants with access to a larger variety of tools, technologies and solutions, including AdviceWorks (Cetera’s platform for financial professionals and members) and Growth360 (Cetera’s peer-based methodology that helps financial professionals learn from and incorporate the successes of their fastest-growing peers), the firms said.
Zoe Extends Pact With NY RIA
Future You Wealth, an RIA based in New York, has extended its deal with Zoe, whose platform connects clients with interest-aligned financial advisors, Zoe said Wednesday.
The partnership enables clients to connect with Future You Wealth through Zoe’s platform.
Future You Wealth was founded by Ryan Sterling in 2019 and now manages over $50 million in assets, Zoe said.
“Zoe has been a major channel for growth for our firm,” according to Sterling. “Beyond being a lead generation source, Zoe has become a partner to us, providing us with ongoing feedback that helps us improve our practice and continuously deliver a more valuable service to our clients,” he said in a statement.
“For the past two years, this partnership has enabled us to help many clients who need guidance to build and grow their wealth more strategically,” he added.
BD Launches Clearing Support
Blockchain technology firm tZERO’s broker-dealer subsidiary, tZERO ATS, launched support for clearing and settlement securities transactions for itself and its BD affiliates on Tuesday, the company said.