Subscribe

Cetera’s credit outlook gets boost from Moody’s

Cetera Moody's

The rating agency cites the positive impact of the firm's deal to acquire the wealth management business of Securian Financial Group.

Moody’s Investors Service this month gave a boost to the parent company of Cetera Financial Group when it raised the credit outlook of Aretec Group Inc. to positive from stable, pointing to the recent deal to acquire the wealth management business of Securian Financial Group as widely beneficial t

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