Cetera Advisor Networks History
Cetera Advisor Networks was founded in 1983 as Financial Network Investment Corporation, a pioneer on the emergent independent-contractor broker-dealer scene. It was built on the belief that advisors could enjoy even greater success by joining high-performance teams offering local support and guidance, while sharing best practices across a nationwide network. From that belief, the firm's hallmark regional model was born.
What began with 13 regional directors has now grown to 60, spread throughout the United States but connected through Cetera Advisor Networks' home office in El Segundo, Calif. In 2010, the company became part of Cetera Financial Group and gained the ability to both expand its ground-breaking wealth management platform, first constructed in the 1990s, and also draw on substantially more resources through the scale and expertise of the collective Cetera organization.
Through these resources, the regional directors lead the way in helping advisors dramatically grow their business at every career stage. And when advisors are ready to retire, the regional directors partner with Cetera Advisor Networks to provide succession options and financial support that creates successful transitions. It's a model that built the firm into one of the nation's largest and most successful independent broker-dealers.