Cetera Welcomes Veteran Financial Advisor David Bashaw
In a significant move within the financial advisory landscape, Cetera welcomes David Bashaw, a seasoned advisor who has spent almost 40 years at Commonwealth Financial Network. His decision to join Cetera marks an exciting new chapter, specifically within the Cetera Wealth Partners community, which is part of Cetera's Advisor Channel.
Transitioning to Cetera
Bashaw has been responsible for managing approximately $115 million in assets for his clients, primarily operating out of offices located in New England and Florida. His journey to Cetera was not taken lightly; after interviewing nearly a dozen firms, he found the culture and support offered at Cetera especially compelling.
With deep-rooted experience spanning over four decades in the financial services sphere, including nearly four decades at Commonwealth, Bashaw has cultivated a strong reputation for providing personalized financial advice tailored to individual client needs. The shift to Cetera was particularly influenced by recent developments in the industry, including the acquisition of Commonwealth by LPL Financial.
Commitment to Client Success
Throughout his career, Bashaw's dedication to client success has been paramount. He expressed his enthusiasm for beginning this new venture, noting that Cetera's leadership resonated with him during their initial discussions, and he felt a strong alignment with the firm’s values.
"Upon reading Cetera's notes addressed to Commonwealth financial advisors, I was inclined to connect with the leadership team at Cetera. Their approach and community spirit felt warmly familiar, and their commitment to personalized growth is what I truly need for my business right now," Bashaw commented enthusiastically.
A Bright Future at Cetera
Tom Halloran, the leader of the Cetera Advisor Channel, commended Bashaw's decision to join the firm. Halloran noted, "From our first conversations, it was evident that David is a perfect fit for Cetera. Making a transition after spending a long tenure at one firm is a pivotal choice, and we are excited to offer him a space where his practice can flourish well into the future."
About Cetera Financial Group
Cetera Financial Group stands as a leadership figure in modern financial advising. The company is designed for independent advisors and institutions seeking personalized support paired with flexible models designed to foster business growth and success. Currently, there are about 12,000 advisors benefiting from Cetera’s integrated ecosystem, which encourages independent growth and strategic development.
Unlike traditional investment brokerage firms, Cetera combines leading technology with solid wealth management solutions and a culture focused on community. This unique blend allows advisors to scale their businesses effectively, ensuring they can meet client needs and adapt to changing market conditions.
Commitment to Excellence
As of the most recent reports, Cetera firms are managing approximately $625 billion in assets under administration, with around $284 billion in assets under management. The firm has consistently received high ratings from advisors, boasting a 4.8 out of 5 satisfaction score based on their Voice of the Customer program, which has collected feedback from over 40,000 advisors.
Frequently Asked Questions
Who is David Bashaw?
David Bashaw is a veteran financial advisor with nearly 40 years of experience, previously affiliated with Commonwealth Financial Network.
What is Cetera Financial Group?
Cetera is a leading financial advisor hub that empowers independent advisors and institutions to grow and succeed with flexible support models.
How much does David Bashaw manage?
Bashaw oversees approximately $115 million in assets for his clients.
Why did Bashaw leave Commonwealth?
His transition to Cetera was influenced by the recent acquisition of Commonwealth by LPL Financial and a desire for new growth opportunities.
What are Cetera's core values?
Cetera is committed to providing personalized support, modern technology, and a community-driven culture for financial advisors.