Date: 02.05.15

Cetera Financial Institutions Welcomes Kyle Hallman as Senior Regional Vice President of Business Development

Senior Executive To Lead Recruitment Of Financial Institutions’ Investment Programs In Eastern Part Of United States

St. Cloud, MN – Cetera Financial Institutions, a member of Cetera Financial Group, the retail advice platform of RCS Capital Corporation (NYSE: RCAP), announced today the addition of Kyle Hallman as Senior Regional Vice President of Business Development, effective immediately. In this role, Mr. Hallman will oversee the recruitment of bank and credit union-based investment programs to the Cetera Financial Institutions platform, a leading financial institutions focused independent broker-dealer in the country. Mr. Hallman, based in Birmingham, Alabama, will serve the eastern part of the United States.

Catherine Bonneau, President and Chief Executive Officer of Cetera Financial Institutions, said, “We are delighted to welcome Kyle to our firm, as he is an excellent choice to serve in this critical role. Kyle has a vast understanding of the unique needs of financial institution investment programs and has served as an exceptional advocate and guide for advisors serving in those platforms. We expect he will do a great job of nurturing our firm’s distinctive strengths and core values, while best serving the financial institution channel and its clients.”

Mr. Hallman said, “I am very excited to be part of such a dynamic and unique culture that is truly committed to successfully serving the needs of institutions and advisors alike. My goal is to continue to build a long term legacy that benefits the clients we serve.”

Prior to joining Cetera Financial Institutions, Mr. Hallman worked for Synovus Securities and managed 60 financial advisors. He then went on to Raymond James to serve as Regional Director, where he oversaw financial institution business development and managed relationships. For the last two years, Hallman has been an advisor with NBC Securities. Mr. Hallman holds Series 4, 7, 24, 63 and 65 securities registrations.

About Cetera Financial Institutions

Cetera Financial Institutions is a marketing name of Cetera Investment Services LLC, a self-clearing registered broker-dealer who delivers customized investment and insurance solutions to nearly 500 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 and Cetera Investment Advisers LLC are members of Cetera Financial Group, the retail advice platform of RCS Capital Corporation (NYSE: RCAP), which provides leading wealth management and advisory platforms and innovative technology to over 9,700 independent financial advisors nationwide. 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 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, Summit Brokerage Services, along with VSR Financial and Girard Securities following the close of their acquisitions by RCAP, 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. It delivers award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, and innovative technology to over 9,700 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 independent and institutions-based financial 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 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 atwww.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.

# # #