Cetera extends reach in Ohio with 42-year veteran advisor

Cetera extends reach in Ohio with 42-year veteran advisor
The independent broker-dealer’s latest addition reportedly managed $108M in AUA at Lincoln Financial Advisors.
AUG 30, 2024

Cetera Financial Group has bolstered its reputation as a premiere advisor wealth hub again as a veteran formerly affiliated with Lincoln’s wealth division joins its network in Ohio.

On Thursday, the firm announced its addition of Charles "Chuck" Hahn to Cetera Advisor Networks.

Hahn, who previously reported managing over $108 million in assets under administration with Lincoln Financial Advisors Corporation – which Osaic snapped up in May as part of its deal for Lincoln’s wealth business – brings over 42 years of industry experience to Cetera, including more than 20 years with Lincoln.

After cutting ties with Lincoln Financial Advisors on May 29, according to his BrokerCheck profile, Hahn will now offer comprehensive financial planning and investment advice to his clients through Cetera.

"Chuck is a talented and dynamic advisor, and I'm proud he's chosen to affiliate with our community," Tim Stinson, president of Cetera Advisor Networks, said in a statement.

Before his tenure at Lincoln, Hahn began his career at New England Securities in 1981 as a registered broker.

"I know his team will benefit greatly from the unique flexibility, resources and support of our unique regional team model and I look forward to watching Chuck grow his already thriving practice at Cetera," Stinson said.

Cetera Financial Group currently supports approximately 12,000 financial professionals and manages over $521 billion in assets, with $224 billion under management as of June 30, 2024. Earlier in the summer, Cetera Advisor Networks’ July recruitment record included a former $151 million Ameriprise advisor in Florida who joined via Summit Financial Networks and a $325 million team from Commonwealth that switched allegiances in Kansas.

Latest News

JPMorgan tells fintech firms to start paying for customer data
JPMorgan tells fintech firms to start paying for customer data

The move to charge data aggregators fees totaling hundreds of millions of dollars threatens to upend business models across the industry.

FINRA snapshot shows concentration in largest firms, coastal states
FINRA snapshot shows concentration in largest firms, coastal states

The latest snapshot report reveals large firms overwhelmingly account for branches and registrants as trend of net exits from FINRA continues.

Why advisors to divorcing couples shouldn't bet on who'll stay
Why advisors to divorcing couples shouldn't bet on who'll stay

Siding with the primary contact in a marriage might make sense at first, but having both parties' interests at heart could open a better way forward.

SEC spanks closed Osaic RIA for conflicts, over-charging clients on alternatives
SEC spanks closed Osaic RIA for conflicts, over-charging clients on alternatives

With more than $13 billion in assets, American Portfolios Advisors closed last October.

William Blair taps former Raymond James executive to lead investment management business
William Blair taps former Raymond James executive to lead investment management business

Robert D. Kendall brings decades of experience, including roles at DWS Americas and a former investment unit within Morgan Stanley, as he steps into a global leadership position.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.