Arco Capital Partners Partners with Cetera Advisor Networks
In a significant move within the financial advisory sector, Arco Capital Partners has joined Cetera Advisor Networks. This strategic partnership adds an impressive $287 million in combined assets under administration, bolstering Cetera's reputation as a leading Wealth Hub for financial advisors.
Benefits of the Partnership
Arco Capital Partners is led by experienced advisor Robert Aiken, who boasts over three decades of experience in the financial industry. Aiken emphasizes the unique value proposition that Arco offers its clients: access to resources common in larger firms while maintaining the personalized service typical of boutique operations. This blend of qualities aligns well with the core values offered by both Summit Financial Networks and Cetera.
Aiken stated, "In Cetera, we see a partner that will provide us the best opportunity to grow organically, while bringing in top talent. This partnership positions us to enhance our enterprise value over time." This vision highlights the importance of collaboration within the financial landscape, enabling firms to provide a broader array of services to their clients.
Leadership Views on the Collaboration
Tom Halloran, Head of Advisor Channel communities at Cetera, expressed enthusiasm about Arco Capital Partners' arrival, recognizing their strong cultural fit with Cetera. He mentioned, "It's great to see Robert and his team acknowledge the capabilities of both Summit Financial Networks and Cetera Advisor Networks. Together, we can work towards achieving significant outcomes that will benefit both firms and their clients."
About Arco Capital Partners
Founded by Robert Aiken in 2015, Arco Capital Partners focuses on personalized financial and investment planning. The firm’s services cater to individuals, families, businesses, retirees, and women investors. Aiken's experience includes various roles at Wachovia and Wells Fargo Advisors, showcasing his expertise and dedication to client satisfaction.
Joining Aiken at Arco Capital Partners is Senior Registered Client Assistant Tina L. Shue, who brings 27 years of financial industry experience. Prior to this role, she supported clients at Wells Fargo Advisors and Interstate/Johnson Lane Inc. Her extensive background adds another layer of expertise to the Arco team, ensuring clients receive top-tier service.
About Cetera Financial Group
Cetera Financial Group stands out as a superior Wealth Hub for financial advisors and institutions, offering them unmatched support and innovative solutions. By moving away from traditional models and adapting to the dynamic needs of financial professionals, Cetera provides an array of services that promote substantial growth and value creation.
Currently, Cetera supports approximately 12,000 financial professionals, overseeing over $545 billion in assets under administration and managing around $235 billion in assets. An impressive rating of 4.8 out of 5 stars from nearly 35,000 advisors reflects Cetera’s commitment to delivering exceptional service and support.
With this latest addition of Arco Capital Partners to Cetera Advisor Networks, the future looks promising for both the firm and its clients. This collaboration reinforces Cetera's status as a trusted ally in the financial advisory arena.
Frequently Asked Questions
What is Arco Capital Partners?
Arco Capital Partners is a financial advisory firm founded by Robert Aiken that focuses on personalized financial and investment planning.
What does the partnership with Cetera entail?
The partnership incorporates Arco Capital Partners into Cetera Advisor Networks, enhancing its resources and expanding its service offerings.
How much assets does Arco Capital Partners bring to Cetera?
Arco Capital Partners brings $287 million in assets under administration to Cetera Advisor Networks.
Who is Robert Aiken?
Robert Aiken is the founder of Arco Capital Partners, with over 32 years of experience in the financial industry.
What services does Cetera Financial Group provide?
Cetera Financial Group offers financial professionals and institutions support, solutions, and services designed for growth, value creation, and scaling in the financial market.
