Cetera Investment Services and Regions Bank Renew Partnership
Cetera Investment Services is excited to announce the renewal of its successful collaboration with Regions Bank, which has been a fruitful alliance since their partnership began in 2013. This renewed agreement marks a significant step towards continuing to deliver industry-leading results in investment services.
Enhancing Investment Solutions
The partnership enables Regions Investment Solutions to provide comprehensive investment services to both individual and business clients through dedicated financial advisors and licensed branch bankers. Both Cetera Investment Services and Regions Bank are committed to fostering growth, innovation, and engagement within their offerings, ensuring that clients receive top-notch investment guidance.
Quotes from Leadership
LeAnn Rummel, president and CEO of Cetera Investment Services, expressed her enthusiasm, stating, "We are pleased to renew our meaningful collaboration with Regions Bank and look forward to working together to elevate Regions Investment Solutions to new heights of success." This sentiment underscores the mutual respect and acknowledgment of dedication towards achieving beneficial outcomes for both businesses and their clients.
Cetera's Commitment to Growth
Through this renewed agreement, Cetera Investment Services reiterates its commitment to supporting Regions Bank with their investment program. Jim Nonnengard, Executive Vice President at Regions Bank, remarked, "For over a decade, Cetera has strategically supported our investment program, helping us serve our clients in innovative ways. We are proud to renew our agreement and look forward to deepening our collaboration with the entire Cetera Financial Institutions team." This highlights the successful track record that both companies have established over the years.
Successful Track Record
The renewed agreement comes on the heels of a significant increase in partnerships within the financial services sector. Cetera Financial Institutions has proudly maintained a 99% retention rate, having signed nearly 40 renewal agreements with various financial institutions recently. Such achievement reflects the growing trust and reliance on Cetera's services within the investment landscape.
Celebrating Milestones
As Cetera Investment Services celebrates its 40-year anniversary, the team continues to prioritize delivering exceptional results, further demonstrating their commitment to innovative solutions. Recently, the organization also announced a new affiliation with California Coast Credit Union, expanding their reach and ability to serve clients effectively.
About Cetera Financial Group
Cetera Financial Group is a premier network of independent retail firms dedicated to providing financial professionals with the tools, innovational resources, and support they need to thrive. With over 12,000 financial professionals and their teams, the organization oversees assets under administration exceeding $521 billion, with $224 billion in assets under management as reported on a specific date. Cetera aims to optimize control and value creation for advisors, enabling them to reach their fullest potential in serving clients.
About Regions Financial Corporation
Regions Financial Corporation (NYSE: RF) stands as a leading provider of consumer and commercial banking, wealth management, and mortgage services, boasting approximately $157 billion in assets. As one of the largest full-service banking institutions in the nation, Regions Bank serves a vast clientele through its several banking offices and ATMs across multiple states. Their mission is to help clients build, preserve, and protect their wealth through dedicated financial solutions and support.
Frequently Asked Questions
What is the focus of the renewed partnership between Cetera and Regions Bank?
The partnership emphasizes delivering innovative investment solutions and comprehensive services to clients through dedicated financial advisors.
What is the significance of the 40-year anniversary for Cetera Investment Services?
The anniversary marks a successful four-decade journey in providing exceptional financial services and evolving alongside clients' needs.
How long have Cetera and Regions Bank been partners?
The two companies have collaborated since 2013, building a solid foundation and achieving impactful results together.
What type of services does Regions Investment Solutions offer?
Regions Investment Solutions provides tailored investment services for individuals and businesses through licensed financial advisors and branch bankers.
How does Ceetra maintain relationships with its financial partners?
Cetera actively engages in strategic support and collaboration with their partners, resulting in a high retention rate of 99%.
