Scott Thaxton and Greg Pennini Join Cetera Advisors
Newly integrated into the Cetera Advisors network, seasoned financial advisors Scott Thaxton and Greg Pennini bring a substantial $350 million in assets under advisement (AUA). Both have transitioned from a lengthy collaboration with LPL, seeking enhanced technological resources and personalized support.
Transitions Are Key for Independent Advisors
The duo's move to join Cetera reflects a growing trend amongst independent financial advisors who prioritize superior service and technological advancements. They have joined the firm with a firm philosophy of delivering high-touch advisory services while maximizing operational support for their practices.
Focus on Client-Centric Services
Thaxton and Pennini have shared their excitement about this transition. "Joining Cetera represents a strategic decision enabling our team to better cater to our clients' needs," they stated. Their affiliation with Cetera is fueled by the firm's commitment to an advisor-first culture that provides tailored resources for growth.
Understanding the Shift to Cetera
After nearly three decades of collaboration with LPL, Thaxton and Pennini sought a partner that not only provided superior technology but also a robust support structure. Cetera's commitment to personalized support tailored to their business model stood out as a differentiating factor.
Why Cetera Stands Out
Tom Halloran, the Cetera Advisor Channel Leader, expressed enthusiasm about the addition of Thaxton and Pennini to the Cetera community. He remarked, "We are thrilled to welcome them. Their focus on client success aligns seamlessly with our mission to empower advisors through modern tools and a supportive community. We look forward to aiding in their continued success."
The welcoming of Thaxton and Pennini emphasizes the onboarding experience provided by Cetera, which they regarded as a crucial differentiator. Their positive sentiments about the transparency within the leadership and the engaging onboarding procedure highlight the supportive structure provided by Cetera.
Robust Growth Resources Available
Supporting their clients' needs is central to the CarrThaxton team. They praised Cetera's impressive growth programs, including their unique GrowthLine program, which provides valuable training and resources aimed at advancing advisory businesses. These resources combined with direct engagement with leadership have facilitated the transition for the team.
About Cetera Financial Group
Cetera Financial Group emerges as a dynamic Wealth Hub for independent advisors and institutions alike. The firm offers a range of flexible affiliation models along with extensive support, housing around 12,000 advisors across various sectors.
Cetera differentiates itself from traditional independent broker-dealers (IBDs) by offering true flexibility and a collaborative environment that fosters growth. The five-channel model ensures that advisors have a reliable and scalable framework for driving consistent growth in their practices.
Currently, as of the latest data, Cetera manages approximately $625 billion in assets under administration, with $284 billion falling under asset management. Their dedication to client satisfaction is evident, having garnered numerous five-star ratings through the Voice of the Customer program, achieving a 4.8 out of 5 satisfaction score from over 40,000 advisor reviews.
Frequently Asked Questions
Who are Scott Thaxton and Greg Pennini?
They are experienced financial advisors who recently joined Cetera Advisors after many years with LPL, bringing significant assets under advisement.
What inspired their move to Cetera Advisors?
They sought better technology and support to enhance their advisory services and better serve their clients.
What resources does Cetera provide to its advisors?
Cetera offers a range of growth programs, advanced technology, and a supportive advisor-first culture that empowers financial professionals.
What is the GrowthLine program at Cetera?
The GrowthLine program is a initiative designed to enhance training and resources available to advisors, helping them scale their businesses effectively.
How many advisors does Cetera have?
Cetera Financial Group encompasses approximately 12,000 advisors and institutions, making it a prominent player in the wealth management sector.
