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Husband-Wife Team Join Cetera from Ameriprise

Cetera, a network of independent broker-dealer firms, announced that husband-and-wife financial advisory team, Joseph and Pamela Malara, have joined the Cetera Investment Services platform.

Cetera, a network of independent broker-dealer firms, announced that husband-and-wife financial advisory team, Joseph and Pamela Malara, have joined the Cetera Investment Services platform. The Malara team joins Cetera from Investment Professionals, which Ameriprise agreed to acquire early last year.

The Malara’s have approximately $180 million in client assets and wealth management services through two banks in Louisiana: The Bank of St. Francisville, a local bank with $135 million in total assets, and Peoples Bank of Pointe Coupee Parish, a regional bank with $285 million in total assets.

The pair work with approximately 700 retail clients, providing financial planning, retirement, insurance and investment management services

“Joe and Pam Malara have built a strong and growing practice by serving as a consistent source of sound, independent financial guidance to their clients for more than 20 years,” said LeAnn Rummel, president of Cetera Investment Services. “They exemplify the client-first, service-oriented approach that Cetera seeks to model, and we are thrilled that they have joined our platform.”

Cetera is the second-largest independent financial advisor network in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions. Its network includes Cetera Advisors, Cetera Advisor Networks, Cetera Investment Services (marketed as Cetera Financial Institutions), Cetera Financial Specialists, First Allied Securities and Summit Brokerage Services.

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