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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...