Cetera Financial Group is a shared service organization serving affiliates that comprise the second-largest family of independent broker-dealers in the United States.

Is Cetera a reputable company?

Cetera Advisor Networks LLC is a registered brokerage firm and investment adviser firm (registered with the SEC as well as 53 U.S. states and territories). According to its FINRA BrokerCheck® report, the firm has a total of 7 regulatory events, one civil event, and 15 arbitrations in its history.

What services does Cetera offer?

• Advisors. Advisors Overview.
• Financial Institutions. Financial Institutions.
• Tax Professionals. Tax Professionals.
• Networks. Networks.

Is Cetera a broker dealer?

Cetera is one of the nation's largest networks of independently managed broker-dealers. Though each broker-dealer in our organization is unique, they are all dedicated to helping financial professionals like you help their clients pursue not only their financial goals and dreams, but their life ones as well.

Is Cetera an RIA?

The acquisition will allow Magis, led by Steven Zimmerman, its president, to also transition its RIA business to Cetera, “while retaining their culture and benefiting from the resources and scale Cetera offers,” Cetera said. This is the first RIA acquisition that Cetera has made in a while, it noted.

Cetera Investors

What kind of company is cetera?

Cetera Financial Group (commonly referred to as Cetera) is a shared service organization serving affiliates that comprise the second-largest family of independent broker-dealers in the United States.

How does cetera make money?

In addition to commissions Cetera Investment Services receives from the sale of Alternative Investment Products, we receive marketing allowance payments from sponsors of Alternative Investment Products.

Who is cetera advisor?

Cetera Advisor Networks is an independent broker-dealer that was founded in 1983 as Financial Network Investment Corporation, a pioneer on the emergent independent-contractor broker-dealer scene. ... Cetera® Advisor Networks LLC, member FINRA / SIPC.

Is cetera publicly traded?

Their Parent Company: Cetera Financial Group

Cetera Financial Group is the cornerstone of the retail advice division of RCS Capital Corporation, a publicly traded company (NYSE: RCAP) focused on serving the needs of investors with best-in-class solutions.

Is Cetera Investment Services a fiduciary?

As an investment adviser, Cetera is a fiduciary for its advisory clients.

Does cetera have an app?

iconnect2invest is your online viewing and trading portal for your investments through Cetera Investment Services. ic2i is a mobile friendly version of iconnect2invest. In other words it is built to be more easily readable on your phone or mobile device.

What is AdviceWorks?

AdviceWorks lets you securely share documents with your financial professional at your discretion. ... With AdviceWorks you can also create and edit your financial goals and priorities. Track your progress against them. Work to build wealth through data and guidance.

What are brokers and dealers?

A broker is a person who executes the trade on behalf of others, whereas a dealer is a person who trades business on their own behalf. A dealer is a person who will buy and sell securities on their account. On the other hand, a broker is one who will buy and sell securities for their clients.

How big is Cetera financial Group?

Total representatives and financial advisors: 1,800. Assets under administration: nearly $30 billion. Total full-time employees: 250. Average team tenure: 19 years in the industry; 12 years with Cetera Investment Services.

How long has cetera been in business?

About Cetera

Cetera was formally established in February 2010 when ING Group sold three broker-dealers to an investment fund managed by Lightyear Capital LLC, a private equity firm specializing in financial services.

How did cetera get my information?

Personal Information We Collect – There are two primary ways we collect information about you: (1) when you voluntarily provide it to us while using the Services; and (2) with automatic technologies connected to the Services.

Who did cetera buy?

Cetera completes its acquisition of Voya's financial planning channel, which will join the firm's regional director model and be rebranded Cetera Wealth Partners.

Who does Regions Bank clear through?

Our Business Continuity Plan

Our clearing firm, Pershing LLC, backs up our important records in a geographically separate area.

Does Regions Bank have stock brokers?

We support you with the financial strength of a prominent national investment and insurance firm, teamed with the comfort and familiar faces at places you already know. To discuss investment options, make an appointment with a Regions Investment Solutions Financial Advisor at one of our branches near you.

Is cetera A Pershing?

Cetera Investment Services has entered into an arrangement with Pershing, LLC, to act as a third party custodian for certain IRA types. As a custodian, Cetera Investment Services is responsible for the following duties: Maintaining IRA and Coverdell adoption agreements and other related forms.

Does cetera clear through Pershing?

Our Custodian: Pershing and First Clearing

While Cetera Advisor Networks helps supervise and facilitate the trading for your investments, those assets are held by Pershing LLC.

Is cetera buying VOYA?

Cetera says it has completed its purchase of the independent financial planning channel of Voya Financial Advisors. The unit, now operating as Cetera Wealth Partners, has some $37 billion of assets under administration and 130 new employees.