Cetera Financial Group

Larry Roth, who was also head of AIG Advisor Group, is offering up his expertise after helping both firms navigate difficult years as their chief executive.

The move by the multi-generational practice stemmed from LPL’s self-clearing capabilities, one of the advisors says.

Ron Carson’s firm and other major practices within the IBD network praise its choice of a new PE backer.

The owner of RIA aggregator Mercer Advisors has pledged to maintain the IBD network’s current structure under the deal.

Securities America and Atria Wealth Solutions hired recruiting and operational heads from Ameriprise and Cetera.

The broker-dealer refuted allegations that it used false advertising to mislead customers into thinking that the investment services it provided through a Utah-based credit union were part of the credit union.

If Cetera ties itself to a culturally unmatched firm, the roadblocks it creates for itself may be too much to overcome, an industry recruiter says.

The securities watchdog reprimanded the broker-dealers for allegedly not distinguishing their services from those of the credit unions they did business with.

The largest IBD network is integrating data analytics into its recruiting and client leads after embarking on other major changes in recent months.

Cetera has provided financing and other services in more than 250 acquisitions across the IBD network since 2015.