Cetera Financial Group ("Cetera")*, a leading network of independent broker-dealer firms, and Lincoln Investment Capital Holdings, LLC, today announced the signing of a definitive agreement for the divestiture of Legend Group Holdings, LLC ("The Legend Group") by First Allied Holdings, Inc., a Cetera affiliate, to Lincoln Investment Capital Holdings, LLC. Financial terms of the transaction, which is expected to close by early next year subject to regulatory approval, were not disclosed.
Cetera Financial Group Accelerates Post-Transformation Strategy Plan with Leadership Transition
Cetera announces the implementation of its new leadership plan, following the company's successful completion of its strategic transformation and restructuring process in late May and the achievement of key financial and operational milestones.
Cetera Financial Group and Cetera Advisor Networks Announce Recruitment of Cornerstone Advisors
Cetera Financial Group announced today that Cetera Advisor Networks, one of its member firms, has recruited Cornerstone Advisors (“Cornerstone”), an independent financial advisory practice.
Cetera Financial Group Enhances Executive Team with Appointment of Jeffrey R. Buchheister as Chief Financial Officer
Cetera Financial Group announces that industry veteran Jeffrey R. “Jeff” Buchheister has been appointed Chief Financial Officer, effective August 2.
Cetera Financial Group's Parent Company Completes Board with Addition of Industry Leading Executives
Cetera Financial Group announced that its parent holding company - Aretec - has completed the formation of its Board of Directors with the addition of three veteran executives as directors, for a total of seven experienced and widely-respected members of the new Board with a diverse range of backgrounds and expertise.
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