Tag: Brokerage Services
Cetera Acquired by Private Equity Firm Genstar Capital
After months of speculation, Cetera Financial Group, the second largest independent broker-dealer in the nation, has agreed to sell a majority stake of its...
LPL and Advisor Group Parent Among Potential Cetera Buyers
LPL Financial and Advisor Group-owner Lightyear Capital are showing interest in buying Cetera Financial Group’s network of six independent broker-dealer firms, according to a...
First Allied Affiliate Acquires $105 Million Massachusetts Advisory Firm
Bloomfield Hills Financial, an independent financial planning and wealth management advisory affiliate of First Allied Securities with $1.5 billion in client assets, has acquired...
Cetera Discloses Capital Structure Review, Retains Goldman Sachs
Cetera Financial Group, a network of six independent broker-dealer firms, has disclosed a capital structure review and confirmed the retention of Goldman Sachs &...
Cetera Exploring Possible Sale
Cetera Financial Group, a network of six independent broker-dealer firms, is reportedly engaging investment banking firms to explore its capital structure options, including a...