Great Lakes Wealth Advisors Welcomes New Chapter with Cetera
In a significant move for their financial advisory practice, Chris Sauve and Dominic Benetti of Great Lakes Wealth Advisors have transitioned their firm to Cetera, marking a new chapter in their commitment to client service and personalized financial management. With approximately $147 million in assets under administration, their decision reflects a search for a supportive environment that aligns with their fiduciary values.
The Vision Behind the Transition
Both advisors hail from Escanaba in Michigan's Upper Peninsula, where they first connected while working in different wealth management firms. Their shared experiences, particularly in understanding the financial struggles faced by individuals in their community, motivated them to establish Great Lakes Wealth Advisors. Their mission is to empower clients by providing clear advice and robust financial planning services.
Focus on Independence and Client Needs
Sauve and Benetti pride themselves on their independence as advisors, allowing them to adopt a fiduciary approach that prioritizes their clients' financial well-being. This independence ensures that they can tailor their services effectively and minimize clients' tax burdens. The duo emphasizes the importance of having access to valuable tools and support in an ever-evolving financial landscape.
Why Cetera?
The acquisition of Commonwealth by LPL was a crucial factor in their decision to seek a new hosting ground for their practice. Sauve articulated, "The concern about not being prioritized within a large network prompted us to explore options that made us feel valued and essential. We wanted our clients to feel equally prioritized. Cetera's offerings align perfectly with these needs — their extensive support and resources are exactly what we require to thrive." Benetti added, "At Cetera, we are not only dedicated to our clients’ financial literacy but also committed to our local community. Our independence lets us select the best tools and technology to serve our clients’ interests while continuing to grow as professionals."
Cetera's Commitment to Advisors
Tom Halloran, the Cetera Advisor Channel Leader, expressed enthusiasm for welcoming Great Lakes Wealth Advisors into the Cetera community. His belief in the firm’s high standards reflects Cetera's mission — to equip advisors with tailored support to foster growth. This partnership promises personalized service and innovative solutions to bolster their advisory capabilities.
About Cetera Financial Group
Cetera Financial Group stands as a leader in the financial advisory landscape, providing independent advisors with an array of tools tailored to empower their advisory growth. With a community of approximately 12,000 advisors and institutions under its umbrella, Cetera offers a multi-channel ecosystem designed to adapt to various advisory needs.
Its cutting-edge technology and comprehensive resources revolutionize how financial advisors operate, allowing them the flexibility to optimize their practices. This approach has seen Cetera firms managing approximately $625 billion in assets under administration and $284 billion in assets under management as of the latest data. Cetera’s Voice of the Customer program exemplifies its commitment to advisor satisfaction and continuous improvement, with a remarkable 4.8 out of 5 rating from advisors.
For more information about Cetera, more details on services, and community engagement, visit the official Cetera website and connect through their various social media platforms.
Frequently Asked Questions
Who are Chris Sauve and Dominic Benetti?
Chris Sauve and Dominic Benetti are seasoned financial advisors who co-founded Great Lakes Wealth Advisors, focusing on personalized financial management.
Why did Great Lakes Wealth Advisors join Cetera?
They sought personalized support, technological resources, and a firm commitment to their clients’ needs, which they found with Cetera.
What does Cetera offer to financial advisors?
Cetera provides advisors with personalized support, a collaborative community, and flexible affiliation models to suit various advisory practices.
How does Cetera support independent advisors?
Cetera empowers independent advisors through enhanced tools, resources, and personalized growth strategies, promoting long-term success.
What is the significance of being an independent advisor?
Independence allows advisors to prioritize their clients' interests, offering customized solutions without the constraints typically found in larger institutions.
