Date: 08.05.14

Cetera Financial Group Announces Appointment of Adam Antoniades as Vice Chair of the Board of Directors of the Financial Services Institute

Antoniades to Assume Role of Chair of FSI Board of Directors in 2015

San Diego, CA – Cetera Financial Group, the leading network of independent broker-dealer firms, today announced the appointment of Adam Antoniades, president of Cetera Financial Group, as vice chair of the Board of Directors of the Financial Services Institute (FSI), effective immediately. Additionally, FSI indicated that Mr. Antoniades will be elevated from vice chair to chair of the FSI Board of Directors starting next year.

FSI advocates solely on behalf of independent financial advisors and independent financial services firms. Mr. Antoniades, 50, most recently served as FSI’s PAC Board Chair. Dale Brown, FSI president and CEO, said “Adam has proven himself a leader and dedicated servant to our members during his extensive time on the Board. He will make an effective and passionate vice chair this year and chair in 2015,” Mr. Brown said. “Our members will benefit from his vision and passion.”

Mr. Antoniades said, “I’m proud to be part of an organization that is passionate about ensuring that every American has access to unbiased and affordable financial advice. FSI is committed to building healthy and effective relationships with regulatory and legislative bodies for the benefit of all independent broker-dealers, financial advisors and their clients. I encourage all leaders and advisors in our industry to get involved with or support FSI. Their success is critical to the growth and sustainability of the independent space now and in the future.”

About Cetera Financial Group

Cetera Financial Group is the retail advice platform of RCS Capital Corporation (NYSE: RCAP). Comprised of Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Financial Specialists LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions), First Allied Securities, Investors Capital, J.P. Turner and Company, The Legend Group and Summit Brokerage Services, the platform is the second largest independent financial advisor network in the nation. It provides award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, and innovative technology to over 9,000 independent financial professionals and approximately 500 financial institutions nationwide. Through its distinct firms, Cetera offers the benefits of a large, established and well-capitalized broker-dealer and registered investment adviser, while serving advisors in a way that is customized to their unique needs and aspirations. Cetera is committed to helping advisors grow their businesses and strengthen their relationships with clients.

About the Financial Services Institute

The Financial Services Institute is the only organization advocating solely on behalf of independent financial advisors and independent financial services firms. Since 2004, through advocacy, education and public awareness, FSI has successfully promoted a more responsible regulatory environment for 37,000 independent financial advisors, and 100 independent financial services firms who represent roughly 160,000 affiliated financial advisors. We effect change through involvement in FINRA governance as well as constructive engagement in the regulatory and legislative processes, working to create a healthier regulatory environment for our members so they can provide affordable, objective advice to hard-working Main Street Americans. For more information, please visit