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Advisor with $450 Million in Assets Joins Cetera Financial Specialists

Advisor with $450 Million in Assets Joins Cetera Financial Specialists. Adviser, Broker, Broker-Dealer, Cetera Financial Specialists, Financial Services, Investment Adviser, RIA, Registered Investment Adviser

Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that Bill Schumann has joined Cetera Financial Specialists, where he will provide comprehensive financial planning and investment advice to clients. Schumann joins Cetera from Grove Point Investments and had $450 million in assets under administration, as of May 30, 2023.

“Cetera Financial Specialists’ unique focus on tax professionals gives it an efficient, small-firm feel with access to the large-firm resources that make Cetera a powerful industry leader,” Schumann said. “I’m pleased to join this community of gifted tax professionals and look forward to what we can accomplish together for the betterment of my clients and business.”

Schumann has more than 40 years of experience in the industry and holds his Series 7 and Series 63 registrations. Cetera also states that Schumann is a Certified Financial Planner™, a fellow of the National Association of Enrolled Agents’ National Tax Practice Institute, and an enrolled agent who may practice before the IRS. Schumann is also the founder of Schumann Financial, which is based out of Wheaton, Illinois and focuses on financial planning, investing, and taxes. He and the client service associates who make up Schumann Financial provide clients with individualized and proactive approaches to helping them address their financial goals and objectives in the most efficient way possible.

“Bill’s recruitment provides yet another example of Cetera Financial Specialists’ ability to attract high-caliber financial professionals,” said Ron Krueger, president of Cetera Financial Specialists. “We pride ourselves on our family culture with high-touch support and resources that help financial professionals through all stages of their business lifecycle. I’m confident that Bill’s business will continue to thrive at Cetera Financial Specialists as he continues to serve his clients and plans for the long-term trajectory of his business.”

Cetera Financial Group serves more than 9,000 independent financial professionals and their teams, including tax professionals, banks, and credit unions in providing financial planning and wealth management services. Cetera oversees approximately $374 billion in assets under administration and $145 billion in assets under management.

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