Recruitment & Staffing
|No. of reps||3,071||2,693||2,897|
|No. of producing reps||2,586||2,488||2,475|
|No. of reps producing $100K-$499K /year||0||0||0|
|Total revenues: Other||$85,240,464||$68,019,071||$45,496,425|
|Total account assets||$90,354,186,474||$81,300,338,725||$70,926,910,695|
|Total account assets: Other||$64,880,233,601||$59,135,387,594||$51,315,689,488|
|Average assets per rep||$29,421,747||$30,189,506||$24,482,883|
June 2, 2018 - Firm Total DC assets ($B) overseen by network advisers No. of DC advisers** Primary contact Business model CAPTRUST*** $221 95 Rick Shoff Managing Director, Advisor Group Raleigh, N.C. (215) 499-3361 firstname.lastname@example.org Acquisition. RIA: Captrust...
May 7, 2018 - The Utah division of securities last month moved to fine three large independent broker-dealers, Cetera Advisor Networks, LPL Financial and CUSO Financial Services, a combined $2.25 million for industry rule violations stemming from how broker-dealers...
April 21, 2018 - Firm 2017 % revenue ($M) % change vs. 2016 2017 commission revenue ($M) % change vs. 2016 2017 fee revenue ($M) % change vs. 2016 2017 other revenue ($M) % change vs. 2016 1 LPL Financial $4,281.50 5.70% $1,670.80 -3.80% $1,409.20 9.30% $1,201.40 17.50%...
March 22, 2018 - Veteran brokerage executive Donald Marron is a serious contender to buy Cetera Financial Group, according to several sources familiar with the potential deal. Cetera, a network of six broker-dealers, is exploring a sale that could be worth about $1.5...
February 27, 2018 - A securities analyst who covers LPL Financial Holdings Inc. wrote a note on Tuesday morning saying that it makes sense for LPL Financial to pursue an acquisition of Cetera Financial Group. "We believe the benefits of a Cetera acquisition are clear given...
February 26, 2018 - A potential sale of Cetera Financial Group could be boon for its private equity owners, but turn out to be another distraction for its 8,000 advisers, who saw the company emerge from bankruptcy less than two years ago. On Friday, Bloomberg News reported...
February 23, 2018 - Cetera Financial Group, a network of six broker-dealers, is exploring a sale that could be worth about $1.5 billion, according to a Bloomberg report. The company, which houses around 8,000 brokers and advisers, began interviewing potential advisers to...
February 13, 2018 - Cetera Financial Group has reorganized its six broker-dealers into two "channels" â€” traditional and specialty. The traditional channel consists of Cetera Advisors, First Allied Securities and Summit Brokerage Services. Brett Harrison, now CEO of Cetera...
January 16, 2018 - In an unusual turn of events, the investment adviser to New York University's retirement plan has been named as a co-defendant in litigation attacking the plan's allegedly excessive fees. Plaintiffs contend the adviser, Cammack LaRhette Advisors, provided...
November 11, 2017 - Cetera Financial Group's Halloween office party this year, CEO Robert Moore dressed up as the Cowardly Lion from the "Wizard of Oz." A more appropriate costume might have been Hercules, who famously completed 12 labors as a penance, since many observers...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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