Rohlik Financial Group, which oversees $1 billion in assets, has changed its affiliation to Cetera Advisor Networks via AdvisorNet Financial from Regulus Financial Group.
Rohlik Financial, which is led by Brent Rohlik and Suzanne Holt, has offices in Minneapolis and Rockford, Illinois.
The six-person team, which includes financial advisor Andy Irlbeck and senior director of retirement plan services Rachel Stoneberg, delivers comprehensive retirement planning services and holistic financial planning to clients in several key markets in northwest Illinois and Wisconsin.
“It quickly became clear that Cetera and AdvisorNet deliver the best combination of industry-leading resources, technology and support to empower our growth goals," Rohlik and Holt said in a statement Tuesday.
Cetera said The Rohlik Financial Group team rounds out a strong first quarter for its business development, with several large-scale affiliations following a record year of recruiting in 2022.
In January, Cetera Financial Group agreed to buy the wealth business of insurance company Securian Financial Group, which includes more than 1,000 advisors $24.8 billionwith in assets under management and $47.4 billion in assets under administration. That deal prompted Moody’s Investors Service earlier this month to boost to the parent company of Cetera Financial Group when it raised the credit outlook of Aretec Group Inc. to positive from stable, citing the deal as widely beneficial to the giant brokerage network.
A new analysis finds long-running fiscal woes coupled with impacts from the One Big Beautiful Bill Act stand to erode the major pillar for retirement income planning.
Caz Craffy, whom the Department of Justice hit with a 12-year prison term last year for defrauding grieving military families, has been officially exiled from the securities agency.
After years or decades spent building deep relationships with clients, experienced advisors' attention and intention must turn toward their spouses, children, and future generations.
The customer’s UBS financial advisor allegedly mishandled an options strategy called a collar, according to the client’s attorney.
An expansion to a 2017 TCJA provision, a permanent increase to the standard deduction, and additional incentives for non-itemizers add new twists to the donate-or-wait decision.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
