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.
In her new role, Ms. Rummel will oversee all aspects of the firm's operations and will spearhead the execution of CFI’s growth initiatives and the further development of its wealth management platform for banks and credit unions.
Cetera Financial Group and Cetera Financial Institutions Announce Recruitment of Seneca Savings and Financial Quest
The new relationship will enable Seneca and Financial Quest to significantly expand the breadth of their investment solution offerings and improve the depth and quality of the wealth management services they provide.
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.
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