Date: 06.19.13

Cetera Financial Institutions Signs Wells Federal Bank

St. Cloud, MN – Cetera Financial Institutions announced today an agreement to provide comprehensive wealth management solutions and support, along with the investing tools clients need, to Wells Federal Bank of Wells, Minn.

Through the agreement, Wells Federal Bank’s clients will have access to a broad range of investments, insurance and wealth management solutions provided by registered financial advisors serving the bank’s 10 locations throughout southern Minnesota and the Minnesota Valley Region. Karen Erickson will serve as the lead advisor.

“Cetera Financial Institutions is a good fit for our bank, and we’re excited about the benefit our customers will receive with the investment products, services and support we can offer them through Cetera,” said Erickson. “We are looking forward to a long and rewarding relationship.”

Wells Federal Bank was founded in 1934 and has banking offices in Wells, Blue Earth, Mankato, Fairmont, Albert Lea, St. Peter, Owatonna and Farmington, Minn. The bank has approximately $244 million in assets.

“We’re excited to welcome Karen and help the program at Wells reach its potential,” said Catherine Bonneau, president and CEO of Cetera Financial Institutions. “Our recent signees have set the bar high for out-of-the-gate performance, and we’re looking forward to continuing that trend at Wells.”

About Cetera Financial Institutions

Cetera Financial Institutions delivers customized investment and insurance solutions to nearly 500 financial institutions. With its focus exclusively on banks and credit unions, Cetera Financial Institutions offers flexible program options that help deepen relationships with clients, grow fee income and fulfill financial institution goals. Cetera Financial Institutions is a member of Cetera Financial Group, Inc., which provides award-winning wealth management and advisory platforms and innovative technology for more than 6,500 independent financial professionals nationwide. For more information, see

Cetera Financial Institutions is a marketing name of Cetera Investment Services LLC, a self-clearing, registered broker-dealer and registered investment adviser. Cetera Investment Services 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

Investment and insurance products are * not FDIC insured * may lose value *not financial institution guaranteed *not a deposit *not insured by any government agency.