Flushing Bank is moving its retail securities operation, which manages $225 million in assets, to Cetera from Infinex Financial Group, which is based in Meriden, Conn.
Flushing is a Uniondale, N.Y.-based bank serving clients in New York City and Nassau County, on Long Island. Its 20-year old investment program employs 20 professionals. It will now use Cetera Financial Institutions, which is the marketing name of Cetera's self-clearing broker-dealer that serves financial institutions. Cetera is headquartered in El Segundo, Calif.