Cetera to Acquire Assets Related to Voya Financial Advisors' Independent Financial Planning Channel
Underscoring Focus on Growth, Cetera To Have Over $300B in Assets Serving More than 3.1M Retail Customers, Accounts
Cetera Advances Mission to Empower More Financial Professionals to Deliver an Advice-Centric Experience® to Investors
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LOS ANGELES, Feb. 8, 2021 /PRNewswire/ -- Cetera announced today that it has entered into a definitive agreement to acquire certain assets related to the independent financial planning channel of Voya Financial Advisors (VFA). Through this acquisition*, VFA independent financial professionals providing holistic financial planning to 385,000 retail customers with nearly $40 billion in assets will become part of Cetera. By joining Cetera, the financial professionals will gain comprehensive, leading-edge growth capabilities, with increased flexibility and choice as independent business owners.