Date: 09.10.15

Cetera Advisor Networks to Provide Broker-Dealer Services to Gough Financial Group Advisors

Kansas-Based Team, with Approximately $300 Million in Client Assets, also Aligns with Transcendent Advisor Networks for Supervisory and Practice Management Support

El Segundo, CA – Cetera Advisor Networks LLC, an independently managed broker-dealer that is part of Cetera Financial Group®, a leading network of independent broker-dealers, today welcomed the Gough Financial Group team (“Gough Financial”) to its broker-dealer platform. The Gough Financial team is aligning with Transcendent Advisor Networks, a Cetera Advisor Networks region, for supervisory and practice management support. Financial advisors with Gough Financial had approximately $300 million of client assets as of June 30, 2015.

Based in Wichita, Kansas, the Gough Financial team provides wealth management and comprehensive financial planning services across the United States for a diverse clientele. Founded in 1997 by Greg Gough after a public accountant career spanning over 30 years, the Gough Financial team is comprised of seven financial advisors, which includes four certified public accountants and three additional support staff members. Financial planning strategies emphasize long-term planning and systematic investing. Gough Financial advisors also specialize in providing tax-savvy investment strategies, risk management, and retirement planning for retirees and clients approaching retirement.

Douglas S. King, President and Chief Executive Officer of Cetera Advisor Networks, commented, “We are delighted that the Gough Financial team has joined the Cetera Advisors platform, having built a thriving business helping clients meet their long-term financial goals. We look forward to providing them with our distinctive support model of dedicated local engagement throughout their region, combined with the industry-leading resources of Cetera Financial Group.”

Mr. Gough, founder of Gough Financial, stated, “We are excited to align with Cetera Advisor Networks and Transcendent Advisor Networks. We are confident that these relationships will bring us a host of new resources and support so we can continue growing our business. In particular, we look forward to implementing Cetera Financial Group’s fully integrated, award-winning advanced technology platform, as well as gaining access to its exceptional asset management and managed accounts programs. We’re confident these additional tools and capabilities will give us a greater breadth of attractive investment solutions for our clients.”

Gough continued, “Additionally, we're eager to benefit from Cetera Advisor Networks’ extensive organization, scale and expertise, as we consider our firm’s succession planning needs from numerous perspectives. In that way, we can guarantee the Gough Financial team’s continuity through our younger advisor colleagues, while serving the financial needs of the next generation of investors. These are all elements of our long-term plan for which support from both Cetera Advisor Networks and Transcendent Advisor Networks will be very valuable."

Doug Propeck, Managing Partner of Transcendent Advisor Networks, said, “We’re excited to work closely with the Gough Financial team and help them leverage the many outstanding resources available through Cetera Advisor Networks and Cetera Financial Group. We plan to help them access the most appropriate services, tools and capabilities that will enable them to grow their practice and fulfill their business plan.”

About Gough Financial Group

Based in Wichita, Kansas, Gough Financial Group is a group of independent financial professionals distinguished for achieving a high standard of service. Its highly motivated and experienced financial professionals have the skills to address both the simple and complex financial needs of its clients. The team’s foundational commitment is to make a significant difference in the financial well-being and quality of life in the individuals, businesses, and families it serves. Founded in 1997 by Greg Gough, today the Gough Financial Group team is comprised of seven financial advisors, including four certified public accountants, serving a diverse clientele throughout Kansas and across the United States. For more information, visit

About Transcendent Advisor Networks

Based in Overland Park, Kansas, Transcendent Advisor Networks helps independent financial advisors deliver productive, high caliber client engagement and capabilities through 360-degree support on local and national levels. Its access to a broad range of award-winning products and ready-to-go platforms available through Cetera Advisor Networks helps to create a growth path custom-designed for its affiliated advisors and their clients. For more information, visit

About Cetera Advisor Networks

Cetera Advisor Networks LLC is an independent broker-dealer and registered investment adviser firm that utilizes a unique regional director model to support financial advisors through the entire life cycle of their business. As part of Cetera Financial Group, the retail investment advice platform of RCS Capital Corporation (NYSE: RCAP), Cetera Advisor Networks is able to build and support regional teams through local service, regional offices and a national home office, facilitating the success of approximately 2,900 financial professionals.

Cetera Advisor Networks is a member of the Securities Investor Protection Corporation (SIPC). For more information, see

About Cetera Financial Group

Cetera Financial Group is the retail investment advice platform of RCS Capital Corporation (NYSE: RCAP). It is comprised of eleven firms – four legacy Cetera-branded firms (Cetera Advisors, Cetera Advisor Networks, Cetera Investment Services, marketed as Cetera Financial Institutions, and Cetera Financial Specialists) along with First Allied Securities, Investors Capital, J.P. Turner and Company, The Legend Group, Summit Brokerage, VSR Financial Services and Girard Securities. The platform is the second largest independent financial advisor network in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions. Cetera Financial Group delivers award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, and innovative technology to approximately 9,500 independent financial professionals and over 600 financial institutions nationwide. Through its distinct firms, Cetera Financial Group offers the benefits of a large, established broker-dealer and registered investment adviser, while serving independent and institutions-based financial advisors in a way that is customized to their unique needs and aspirations. Cetera Financial Group is committed to helping advisors grow their businesses and strengthen their relationships with clients. For more information, visit

About RCS Capital

RCS Capital Corporation (NYSE: RCAP) is a full-service investment firm expressly focused on the individual retail investor. With operating subsidiaries including retail advice services, wholesale distribution, investment banking, capital markets, investment research, investment management and crowdfunding, RCS Capital’s business is designed to capitalize, support, grow and maximize value for the investment programs it distributes and the independent advisors and clients it serves. Additional information about RCS Capital can be found on its website at RCS Capital may disseminate information about itself, including the results of its operations and financial information, via social media platforms such as Facebook, LinkedIn and Twitter.

Important Notice

The statements in this press release include statements regarding the intent, belief or current expectations of Cetera Financial Group and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should," "look forward" or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements due to certain factors. Additional factors that may affect future results are contained in RCS Capital's filings with the SEC, which are available at the SEC's website at Further, forward-looking statements speak only as of the date they are made, and none of Cetera Advisor Networks, Cetera Financial Group or RCS Capital undertakes any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

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