Cetera Financial Group Welcomes Callero Capital Management
Cetera Financial Group is excited to announce the onboarding of veteran advisors Matthew Callero, CRPC, and Christopher Callero, CFP, who join the Cetera family through their firm, Callero Capital Management. This partnership introduces approximately $265 million in assets under administration, reinforcing Cetera's commitment to growth and innovation.
Growth Partnerships for a Stronger Future
The Calleros have chosen Cetera as their strategic partner for its robust resources and support systems designed to fuel their growth ambitions. Operating from the northwest suburbs of Chicago, Callero Capital Management focuses on comprehensive wealth management and strategic retirement planning services tailored for individuals, families, and business owners.
The Decision to Partner with Cetera
After a thorough year-long evaluation of potential broker-dealer partners, Matthew and Christopher Callero were convinced that Cetera was the optimal choice. They noted that Cetera’s exemplary back-office support mechanisms are paramount for advisory firms aiming for significant growth. "We feel honored to partner with an organization that aligns with our vision and enhances our client service model,” stated Matthew Callero, President of Callero Capital Management.
Emphasizing a Client-Centric Approach
The cousins highlighted their previous association with Woodbury Financial Services, indicating that their recent transition was influenced by operational challenges resulting from Osaic’s broker-dealer integrations. They underscored their intention to create a welcoming atmosphere for additional producing advisors aligned with their client-first mentality.
Matthew Callero emphasized a dedicated focus on succession planning, stating that many local advisors are in search of reliable solutions for their retiring clientele. "We aim to identify local acquisition opportunities within the next few years, focusing on service-oriented practices that have established client trust,” he explained.
A Legacy of Service and Growth
Callero Capital Management prides itself on its thoughtfully structured, multi-generational team model, designed to ensure longevity, cooperation, and enduring client relationships. Matthew Callero reinforced this vision by stating, "Our firm is structured for the future; we consciously built a talented team across various generations to meet client needs effectively.”
The Future Beyond
Andy Watts, who leads Cetera’s Tax & Accounting Channel, welcomed Callero Capital Management into the Cetera Financial Specialists community, expressing enthusiasm for their client-first philosophy and growth aspirations. He emphasized the compatibility of the Callero team with Cetera's core values, indicating that Cetera is well-positioned to support their ambitious growth plans.
About Cetera Financial Group
Cetera Financial Group stands out as a leading Wealth Hub for independent advisors and institutions, offering personalized support and flexible business models. Hosting around 12,000 advisors, Cetera's multi-channel ecosystem is designed to empower financial professionals to thrive and grow according to their own strategies.
Unlike traditional independent broker-dealers, Cetera champions true choice by integrating modern technology and community-driven culture, thereby nurturing advisor success and satisfaction.
As of recent reports, Cetera firms manage an impressive total of more than $625 billion in assets. Their dedication to advisors is notably highlighted by their Voice of the Customer program, which enjoys a remarkable satisfaction score of 4.8 out of 5.
Frequently Asked Questions
What is the significance of Callero Capital Management joining Cetera?
Callero Capital Management brings approximately $265 million in assets under administration, enhancing Cetera's growth capacity and client service offerings.
Why did the Calleros choose Cetera as their new partner?
They selected Cetera after a thorough evaluation, prioritizing the firm's strong back-office support and resources to aid in their growth.
What services does Callero Capital Management offer?
Callero Capital Management offers wealth management and retirement planning services tailored to individuals, families, and business owners.
How does Cetera differentiate from traditional broker-dealers?
Cetera offers personalized support and multiple affiliation models, allowing advisors the flexibility to define their business approach uniquely.
What is the current asset management status of Cetera firms?
Cetera firms are managing more than $625 billion in assets, showcasing a strong growth trajectory and advisor satisfaction.
