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Cetera Completes Acquisition of Assets Related to Voya Financial Advisors Independent Financial Planning Channel
Marks Cetera s Second Acquisition of a Carveout From an Insurance-related Business
New Business, Cetera Wealth Partners, Retains Independent Financial Planning Channel s Management Team, More Than 90% of Financial Professionals and More Than 93% of Assets Under Administration
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LOS ANGELES, June 9, 2021 /PRNewswire/ Cetera announced today that it has successfully completed the acquisition of certain assets related to the independent financial planning channel of Voya Financial Advisors. The acquisition is the company s third in 2021, and the second successful acquisition of an insurance-related carveout since 2018. Underpinning Cetera s inorganic growth strategy is the mission to meet financial professionals where they are to empower them to deliver an Advice-Centric Experience
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