Cetera Enriches Team with $255 Million in New Assets

Cetera Welcomes New Advisors to Enhance Their Offerings

Cetera Financial Group continues to make strides in the financial advisory sector with the recent addition of advisors Jennifer Read and Terri Steele, alongside their dedicated team. This group brings impressive credentials and a remarkable $255 million in assets under administration as they transition to Cetera Advisors from Osaic.

Building Collaborations for Greater Success

The journey for Read and Steele began at an industry conference where they connected on both a personal and professional level. The synergy they discovered encouraged them to explore avenues for collaboration, and they found those opportunities at Cetera. "We knew we wanted our two practices to collaborate closely, and we found the flexibility to do that at Cetera," Read shared enthusiastically.

Steele echoed these sentiments by expressing her admiration for the supportive environment at Cetera Advisors. She noted the advantage of being able to run their practices with a degree of flexibility that suits them best. Moreover, the vast technological resources and product offerings from Cetera are noted as a significant factor for their decision, indicating that they believe this environment will enhance their prospects for growth.

A Successful Partnership of Experience and Innovation

Tom Halloran, Head of Advisor Channel Communities at Cetera, warmly welcomed the new advisors, highlighting that Cetera’s unique model is designed to help entrepreneurs thrive on their terms. He expressed that the company is keen to support Read and Steele on their exciting new journey.

With combined experience of over 52 years, Read and Steele bring substantial knowledge to their roles. Read comes armed with Series 7, Series 63, and Series 66 registrations, alongside prestigious designations such as Certified Financial Planner and Chartered Financial Consultant. Her focus has always been on high-net-worth clients, and she plans to operate under the name Coolidge Wealth Management at Cetera. This will allow her to sustain the personalized service her clients value.

Growth Opportunities and Future Plans

Steele’s career since 1994 has focused on building a referral-based business that emphasizes women's strengths in trust and organic referrals. Her registration credentials include Series 6, Series 26, Series 63, and Series 65, showcasing her extensive expertise in the industry. The team has also expanded with the inclusion of Amy Hollon and Lindsey Burnside, who possess six and two years of experience respectively, bringing fresh perspectives to their growing practice.

With the integration of new team members and robust collaborative practices, both Read and Steele foresee incredible potential ahead. They look forward to leveraging Cetera’s innovative tools and resources to maximize their business capabilities.

About Cetera Financial Group

Cetera stands as a cornerstone in the financial advisory landscape, serving a dynamic community of independent advisors and institutions. With a wealth of resources at their disposal, the firm enables professionals to achieve scalable growth, whether they are looking to merge, sell, or transition their practices. Catering to approximately 12,000 financial professionals and handling a staggering $545 billion in assets under administration, Cetera has carved a vital niche within the industry.

Recent evaluations from over 35,000 advisor satisfaction surveys highlight Cetera's commitment to excellence, as it boasts an impressive 4.8 out of 5 stars rating. This dedication ensures that both new and established advisors feel supported and equipped to meet the evolving demands of their clientele.

Frequently Asked Questions

What does the partnership between Jennifer Read and Terri Steele mean for Cetera?

The partnership signifies a bolstering of Cetera's services, leveraging the extensive experience and collaborative spirit of the new advisors.

How will the asset transition impact Cetera?

The $255 million in assets under administration reinforces Cetera's reputation and expands its capacity for serving clients effectively.

What is the significance of flexibility at Cetera Advisors?

Flexibility at Cetera allows advisors to create personalized business practices tailored to their strengths and client needs.

What recognition has Cetera received in the advisory community?

Cetera has garnered high satisfaction ratings and serves a significant number of financial professionals, reflecting its positive impact in the industry.

Who are some key individuals involved in this transition?

Jennifer Read and Terri Steele are the main advisors making this transition, supported by Tom Halloran from Cetera and their new team members, Amy Hollon and Lindsey Burnside.

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