Cetera expands in Texas with veteran husband-wife duo

Cetera expands in Texas with veteran husband-wife duo
David and Kate Frank, managing partners at Innovative Premier Financial Services.
Leading a seven-person team, the advisor couple with 60 years of combined experience provide comprehensive planning for roughly 500 clients in Houston.
SEP 04, 2024

Cetera Financial Group has broadened its footprint in Texas further as a husband and wife advisor planning team joins its ranks.

The firm revealed Wednesday that a seven-member team, led by David and Kate Frank, has joined Cetera Wealth Partners.

Operating as Innovative Premier Financial Services, the group provides financial planning and investment advice, underpinned by the Franks' combined 60 years experience, to around 500 clients.

Kate Frank emphasized the reasons behind the team's decision to transition from NEXT Financial Group to Cetera.

"As we started a search to transition our business, Cetera immediately stood out for the breadth of options that we can offer our clients," she said in a statement.

Cetera's "expert investment management research team, robust investment option lineup, and industry-leading technology resources" made it the best fit for IPFS and its clients, she said.

Focusing on more than just wealth accumulation, the Franks have been serving clients in the Houston area with legacy, estate, and business planning services since the early 1990s. Cetera's ethos supports that model, Kate Frank said, stating: "Cetera embraces our culture and mindset as we focus on serving clients who believe in something bigger than themselves and beyond amassing wealth simply for their own gain."

David Frank, whose professional experience also includes producing a call-in talk radio show titled "All Things Financial," also underscored Cetera's strategic resources to support advisors' growth.

"The marketing resources lead the industry in helping advisors grow organically and Cetera will be a critical strategic partner in our inorganic growth strategy as well," he said.

The Franks' move to Cetera network comes on the heels of another late August addition in Ohio, where a 42-year veteran switched over from Lincoln Financial Advisors.

Latest News

Judge OKs more than $90 million in settlement money for GWG investors
Judge OKs more than $90 million in settlement money for GWG investors

Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.

Fintech bytes: Orion and eMoney add new planning, investment tools for RIAs
Fintech bytes: Orion and eMoney add new planning, investment tools for RIAs

Orion adds new model portfolios and SMAs under expanded JPMorgan tie-up, while eMoney boosts its planning software capabilities.

Retirement uncertainty cuts across generations: Transamerica
Retirement uncertainty cuts across generations: Transamerica

National survey of workers exposes widespread retirement planning challenges for Gen Z, Millennials, Gen X, and Boomers.

Does a merger or acquisition make sense for your firm? Why now is the perfect time to secure your firm’s future
Does a merger or acquisition make sense for your firm? Why now is the perfect time to secure your firm’s future

While the choice for advisors to "die at their desks" might been wise once upon a time, higher acquisition multiples and innovations in deal structures have created more immediate M&A opportunities.

Raymond James continues recruitment run with UBS, Morgan Stanley teams
Raymond James continues recruitment run with UBS, Morgan Stanley teams

A father-son pair has joined the firm's independent arm in Utah, while a quartet of planning advisors strengthen its employee channel in Louisiana.

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.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave