Cetera Financial Group

Lincoln Financial Group Enters Agreement to Sell Wealth Management Business to Osaic, Inc.

Retrieved on: 
Thursday, December 14, 2023
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Lincoln Financial Group (NYSE: LNC) today announced that it has signed a stock purchase agreement with Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions, which will acquire Lincoln’s wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) today announced that it has signed a stock purchase agreement with Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions, which will acquire Lincoln’s wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business.
  • The transaction will include the sale to Osaic of Lincoln Financial Advisors Corporation (LFA) and Lincoln Financial Securities Corporation (LFS) – the company’s two independent broker-dealer and registered investment advisory firms.
  • Additionally, Lincoln’s home-office employees who support the wealth management business will transition to Osaic to continue to lead and support the business.
  • This transaction was driven by the strong partnership between Osaic and Lincoln Financial Group which will continue into the future,” said Jamie Price, CEO of Osaic.

Cetera Welcomes $148 Million AUA Advisor to Cetera Advisors via Wilde Wealth Management Group

Retrieved on: 
Thursday, December 14, 2023
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SAN DIEGO, Dec. 14, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Nicholas Bair, CFP®, ChFC®** has joined Cetera Advisors LLC via Wilde Wealth Management Group. Bair will assume the role of managing partner leading Wilde Wealth Management Group's new Sun City-Surprise office in Surprise, Ariz. Bair provides comprehensive financial planning and investment advice to clients and had almost $148 million in assets under administration* as of April 30, 2023.

Key Points: 
  • SAN DIEGO, Dec. 14, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Nicholas Bair, CFP®, ChFC®** has joined Cetera Advisors LLC via Wilde Wealth Management Group.
  • Bair's affiliation marks the latest addition to a growing list of successful affiliations for Wilde Wealth Management Group in 2023.
  • In total, including Bair, advisors managing a combined $274 million in assets under administration have joined Wilde Wealth Management in 2023.
  • Click here for more information about Cetera Advisors and click here for more information about Wilde Wealth Management Group.

The Fed: From Foe to Friend - Cetera 2024 Annual Outlook Now Available

Retrieved on: 
Wednesday, December 13, 2023
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LOS ANGELES, Dec. 13, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today it has published its 2024 Annual Market Outlook: The Fed: From Foe to Friend. The annual market commentary, developed by Cetera Investment Management, reflects on 2023 and examines wide-ranging economic and market forces and implications in 2024, including economic growth, inflation expectations, and the potential impact of the Fed's monetary policy. While the Fed has been a headwind for the economy for some time, it could switch from foe to friend if a recession materializes in 2024, according to the outlook.

Key Points: 
  • 2024 market outlook explores wide-ranging economic and inflationary forces – and the potential impacts for markets, financial advisors and investors
    LOS ANGELES, Dec. 13, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today it has published its 2024 Annual Market Outlook: The Fed: From Foe to Friend .
  • While the Fed has been a headwind for the economy for some time, it could switch from foe to friend if a recession materializes in 2024, according to the outlook.
  • Additional key takeaways from the 2024 Annual Outlook include:
    The U.S. economy has been resilient in 2023, defying a widely expected recession.
  • Click here to read the entire 2024 Annual Outlook: The Fed: From Foe to Friend.

Kathryn Duclo joins Cetera Advisor Networks

Retrieved on: 
Thursday, December 7, 2023
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LOS ANGELES, Dec. 7, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today that Kathryn Duclo, LUTCF, has joined Cetera Advisor Networks via BAR Financial, LLC. Based outside San Francisco, Calif., Duclo is an experienced financial advisor who was previously affiliated with Cambridge Investment Research, Inc. She provides comprehensive financial planning and investment advice to clients and had approximately $47 million in assets under administration* as of Aug. 22, 2023.

Key Points: 
  • Advisor with 25 years' experience joins BAR Financial from Cambridge Investment Research, Inc.
    LOS ANGELES, Dec. 7, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today that Kathryn Duclo, LUTCF, has joined Cetera Advisor Networks via BAR Financial, LLC.
  • "Partners Eric Huck, Anthony Tarantino and I couldn't be more pleased to welcome Kathryn both to BAR Financial and Cetera Advisor Networks," said BAR Financial Partner John Brackett.
  • Before then, the firm operated independently as a region within Cetera Advisor Networks.
  • Click here for more information about BAR Financial and click here for more information about Cetera Advisor Networks.

William Sauers joins Cetera Advisor Networks

Retrieved on: 
Monday, November 13, 2023
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LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that William Sauers** has joined Cetera Advisor Networks via Cetera Wealth Management Group. Within Cetera Wealth Management Group, Sauers joins Evershore Financial Group's Boca Raton firm location under the leadership of managing partners Robert D. Barboni, CFP®** and Daniel C. Zagata, CLU, ChFC, CFP®, AIF®** as well as Senior Vice President Steven Zborowski.** Sauers was previously affiliated with LPL Financial and provides comprehensive financial planning and investment advice to clients. He had about $39 million in assets under administration* as of Aug. 4, 2023.

Key Points: 
  • LOS ANGELES, Nov. 13, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that William Sauers** has joined Cetera Advisor Networks via Cetera Wealth Management Group.
  • "We welcome William to the community of talented advisors at Cetera Wealth Management Group," said Kjirsten Zellmer, president of Cetera Wealth Management Group.
  • Cetera Wealth Management Group was formed after Cetera acquired the retail wealth business of Securian Financial Group, Inc. in August 2023.
  • Click here for more information about Cetera Advisor Networks, click here for more about Cetera Wealth Management Group and click here for more information about Evershore Financial Group.

Bucks County Wealth Management joins Cetera Advisor Networks

Retrieved on: 
Monday, November 6, 2023
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LOS ANGELES, Nov. 6, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Bucks County Wealth Management** has joined Cetera Advisor Networks. Led by Grant Raskin** and partner Rob McLarnon,** Bucks County Wealth Management provides comprehensive financial planning and investment advice to clients and had about $85 million in assets under administration* as of Aug. 31, 2023. Wealth manager assistant Kevin Anthony rounds out the team of three financial professionals based in Chalfont, Pa.

Key Points: 
  • LOS ANGELES, Nov. 6, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Bucks County Wealth Management** has joined Cetera Advisor Networks .
  • Led by Grant Raskin** and partner Rob McLarnon,** Bucks County Wealth Management provides comprehensive financial planning and investment advice to clients and had about $85 million in assets under administration* as of Aug. 31, 2023.
  • Wealth manager assistant Kevin Anthony rounds out the team of three financial professionals based in Chalfont, Pa.
    "I'm pleased to welcome the Bucks County Wealth Management team to Cetera and look forward to seeing how this established practice utilizes our growth resources to accelerate its success," said John Pierce, head of business development at Cetera.
  • Click here for more information about Cetera Advisor Networks.

Cetera Welcomes $111 Million AUA Advisor to Cetera Advisor Networks

Retrieved on: 
Tuesday, October 31, 2023
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LOS ANGELES, Oct. 31, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Mike Love, CFP** has joined Cetera Advisor Networks via Summit Financial Networks. Love is a financial professional previously affiliated with Securities America. He provides comprehensive financial planning and investment advice to clients and has approximately $111 million in assets under administration* as of Aug. 15, 2023.

Key Points: 
  • LOS ANGELES, Oct. 31, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Mike Love, CFP** has joined Cetera Advisor Networks via Summit Financial Networks.
  • "The cultures of both Cetera Advisor Networks and Summit Financial Networks made affiliation with Cetera a clear choice," Love said.
  • "The addition of an advisor as influential and successful as Mike reaffirms that advisors continue to be attracted to the robust suite of resources and support that Cetera provides," said Tim Stinson, president of Cetera Advisor Networks.
  • Click here for more information about Cetera Advisor Networks and click here for more information about Summit Financial.

Mackenzie Martin joins North Star Resource Group within Cetera Advisor Networks

Retrieved on: 
Thursday, October 26, 2023
Insurance, AUA, Martin, Quality of life, Environment, Partnership, Independent, Retirement, Cetera Financial Group, Oregon State University, Financial services, Cetara

LOS ANGELES, Oct. 26, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Mackenzie Martin** has joined Cetera Advisor Networks via Cetera Wealth Management Group. Within Cetera Wealth Management Group, Martin will join North Star Resource Group with the leadership of Ed Deutschlander. Martin is a financial professional previously affiliated with Independent Financial Group. She provides comprehensive financial planning and investment advice to clients and had an AUA of about $40 million in assets under administration* as of May 31, 2023.

Key Points: 
  • LOS ANGELES, Oct. 26, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Mackenzie Martin** has joined Cetera Advisor Networks via Cetera Wealth Management Group.
  • Within Cetera Wealth Management Group, Martin will join North Star Resource Group with the leadership of Ed Deutschlander.
  • "We welcome Mackenzie to our community of talented advisors at Cetera Wealth Management Group," said Kjirsten Zellmer, president of Cetera Wealth Management Group.
  • Click here for more information about Cetera Advisor Networks, click here for more about Cetera Wealth Management Group and click here for more information about North Star Resource Group.

FBLA Brings Collegiate Career Connections Conference to Des Moines

Retrieved on: 
Wednesday, October 25, 2023
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Reston, Virginia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Future Business Leaders of America, Inc. (FBLA), the nation’s largest career and technical student organization focused solely on business, is hosting the first of two annual Career Connections Conferences in Des Moines, Iowa from October 26 to 28.

Key Points: 
  • Reston, Virginia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Future Business Leaders of America, Inc. (FBLA), the nation’s largest career and technical student organization focused solely on business, is hosting the first of two annual Career Connections Conferences in Des Moines, Iowa from October 26 to 28.
  • “Des Moines is a rich and vibrant community perfect for those looking to expand their career prospects in the Midwest, with Forbes rating it the #1 city for young professionals, ” said Iowa FBLA Executive Director Kent Storm.
  • “As FBLA continues to reinvest in our Collegiate division, we are proud to bring this fantastic opportunity for workforce development to students in the heartland of America,” FBLA President & CEO Alexander T. Graham said.
  • FBLA inspires and prepares students to become community-minded business leaders in a global society through relevant career preparation and leadership experiences.

Cetera's My Advice Architect ® Manager Program Wins Money Management Institute/Barron's Industry Award for Wealth Manager Platform of the Year

Retrieved on: 
Thursday, October 19, 2023
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LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today that it won the 2023 Money Management Institute (MMI)/Barron's Wealth Manager Platform of the Year Award for its innovative My Advice Architect ® (MAA) Manager Program. The Wealth Manager Platform of the Year award honors a platform that exemplifies innovation in delivering better outcomes for investors and financial advisors. This year, finalists for the award included J.P. Morgan Wealth Management, Merrill Lynch Wealth Management and Morgan Stanley.

Key Points: 
  • LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today that it won the 2023 Money Management Institute (MMI)/Barron's Wealth Manager Platform of the Year Award for its innovative My Advice Architect ® (MAA) Manager Program.
  • The Wealth Manager Platform of the Year award honors a platform that exemplifies innovation in delivering better outcomes for investors and financial advisors.
  • This year, finalists for the award included J.P. Morgan Wealth Management, Merrill Lynch Wealth Management and Morgan Stanley.
  • Home to five distinct programs and more than $110 billion under management, MAA is Cetera's fastest growing advisory platform.