Cetera Financial Institutions Introduces Talent Network, its New Online Advisor Recruiting Database and Market Intelligence Service, to Bank and Credit Union Wealth Management Programs
In Partnership with CareerBuilder, a Global Leader in Human Capital Solutions, Talent Network Provides Matches Talent with Opportunities
St. Cloud, MN – Cetera Financial Institutions (CFI), the bank and credit union-focused broker-dealer within Cetera Financial Group, a leading network of independent broker-dealer firms, announced today that it has launched Talent Network, a new recruiting database specifically designed to enable financial institutions to gain competitive market intelligence and build a recruiting pipeline of investment professional talent. Cetera Financial Group is the retail financial advice platform of RCS Capital Corporation (NYSE: RCAP), a full-service investment firm expressly focused on the individual retail investor. Created in partnership with CareerBuilder, a global and technological leader in human capital and employment solutions, Talent Network is offered exclusively to CFI’s financial institutions to provide access to talented and motivated financial advisors. Additionally, Talent Network enables users to understand market/supply intellgence to generate leads, gain introductions, cultivate relationships with qualified candidates, and match available financial advisors to the right financial institution.
Catherine Bonneau, CEO of Cetera Financial Institutions, commented, “The collaboration between Cetera Financial Institutions and CareerBuilder to develop this innovative Talent Network database underscores the commitment that Cetera Financial Group network is making to the financial institutions-based advice space. CareerBuilder has established itself as one of the world’s leading employee recruitment and talent management organizations. We intend to leverage CareerBuilder’s scale, technology, extensive data, market intelligence resources and marketing capabilities to offer this important service to the financial institutions we serve. With many of today’s financial advisors nearing retirement age, finding new talent will likely prove increasingly challenging for financial institutions in the future. Talent Network is designed to help the financial institutions we serve to effectively recruit financial advisors to their wealth management programs, thereby supporting both the institutions’ growth goals and their ability to serve the growing number of Americans seeking objective financial guidance across the country.”
LeAnn Rummel, Executive Vice President, National Sales Manager for Cetera Financial Institutions, commented, “Hiring the right advisors is critical to the success of a financial institution’s investment program. Talent Network allows our financial institutions to tap into a national network that provides a highly efficient approach to access and recruit high performing financial advisors to their wealth management programs.”
Talent Network’s platform is accessible to institutions who are searching for candidates as well as financial professionals seeking employment in the investment advice industry. Interested candidates can visit Talent Network’s website and to apply for a position or simply leave their contact information. They can opt to receive alerts for new job opportunities, receive relevant updates, and share job opportunities with family and friends through social media or email. CFI then works closely with program managers at participating institutions to help ensure that the right candidates are chosen for further evaluation. In this manner, Talent Network opens new avenues to augment the existing capabilities of a financial institution’s financial advisor recruitment efforts, as well as enhance the recruitment services offered to the investment programs of financial institutions by Cetera Financial Institutions.
Talent Network, which supports online and mobile technologies, add to Cetera Financial Group’s existing array of effective recruiting services, including its national database of professionals, cost-benefit analysis capabilities and Referral Rewards program.
Founded in 1995, CareerBuilder is the global leader in human capital solutions and has the largest online job site in the United States. More than 24 million unique visitors a month visit CareerBuilder to find new jobs and obtain career advice. CareerBuilder works with employers around the world, including 92% of the Fortune 1000. It powers the career sites for more than 1,000 partners, including 140 newspapers and leading portals such as MSN and AOL, and operates in the United States, Europe, Canada, Asia and South America. Its sites, combined with partnerships and acquisitions, give CareerBuilder a presence in more than 60 markets worldwide. It is owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI).
About Cetera Financial Institutions
Cetera Financial Institutions is the marketing name of Cetera Investment Services LLC, a self-clearing registered broker-dealer that delivers customized investment and insurance solutions to over 400 financial institutions nationwide. Cetera Financial Institutions helps institutions expand their financial offerings, which allows clients to pursue their financial goals through a holistic approach while delivering sound and strong financial solutions. Through Cetera Investment Advisers LLC, an SEC registered investment adviser firm, financial advisors receive a wide array of solutions and back-office support so that they can focus on their clients. Cetera Financial Institutions is a member of the Depository Trust and Clearing Corporation (DTCC), the Securities Investor Protection Corporation (SIPC), and the Financial Industry Regulatory Authority (FINRA). For more information, see ceterafinancialinstitutions.com.
About Cetera Financial Group
Cetera Financial Group is the retail investment advice platform of RCS Capital Corporation (NYSE: RCAP). It is comprised of nine 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 and Summit Brokerage. VSR Financial and Girard Securities will join Cetera Financial Group following the close of their acquisitions by RCS Capital, bringing the total number of firms to 11. 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 over 9,500 independent financial professionals (including VSR and Girard Securities) and over 600 financial institutions nationwide. Through its distinct firms, Cetera Financial Group offers the benefits of a large, established and well-capitalized 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 www.ceterafinancialgroup.com.
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 www.rcscapital.com. 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.
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 www.sec.gov. Further, forward-looking statements speak only as of the date they are made, and none of First Allied, Cetera Financial Group nor RCS Capital undertake 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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