Subscribe

Kestra, Cetera report solid recruiting in third quarter

Stifel-adds-$350M-adviser-Wells-Fargo-AOTM

Kestra Financial added advisers with $2.3 billion in assets under management during the third quarter, while Cetera Financial Group recruited advisers with $2.4 billion in assets.

Kestra Financial Inc. said Thursday that during the third quarter, 21 new financial advisers and 13 teams with over $2.3 billion in assets under management joined the firm, while Cetera Financial Group Inc. earlier this month announced that it recruited advisers with $2.4 billion in assets.

Kest

Subscribe or log in to read the rest of this content.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Finra dings small Calif. B-D over Reg BI, missing red flags

'Our department’s Reg BI-related disciplinary actions have been increasing,' noted a senior Finra executive.

B. Riley bouncing back after tough winter

'The wealth managers have been unbelievably supportive through all of this,' said Bryant Riley, the firm's chair and co-CEO.

Finra targets broker over WhatsApp misuse

The use of unmonitored messaging apps by financial advisors has been on the rise in the wake of the Covid-19 pandemic.

Veteran leader Desiree Sii departs Osaic

'Does Osaic really need these redundancies in management,' asked one industry executive.

Cambridge’s new RIA sets floor to make a deal

'The advisor wants to get out of the business at 65 or 70 but clients will live to be around till 90,' says one banker.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print