Cetera today revealed accelerated growth for its branch community in the two years since it acquired the assets of Foresters Financial’s U.S. brokerage and investment advisory business. Since June 2019, assets under management increased 150% and assets under administration increased 36%. In addition, the branch community nearly tripled its advisory accounts (a 195% increase).

“Our growth strategy is driven by our purpose to deliver best-in-class financial advice to as many investors as possible through the Advice-Centric Experience®,” said Jeff Buchheister, Chief Financial Officer at Cetera. “We achieve this by accelerating growth for our network of financial professionals through a proven framework that meets them where they are via a community structure that supports multiple affiliation models. We also bring growth-oriented financial professionals into this framework through a comprehensive acquisition strategy that enables new financial professionals to leverage the benefits of scale, a world-class technology platform and operational efficiency.”

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