Cetera Financial Group reports that it added 62 financial professionals to its network in the third quarter, recruiting them from more than 20 independent and wirehouse rivals.
Wilde Wealth Management, an affiliate of Cetera Advisors, recently brought on board a firm focused on clients working in medicine, Mosaic Financial Associates, which oversees upward of $100 million in assets under management.
Anthony Williams, Mosaic's president, and Marcus Ortega, the firm's chief executive, said that among their reasons for joining the Cetera network were its Advice-Centric Experience and the ability to align with a large leader within the Cetera community.
"Having a firm like Cetera that serves as a partner in growth through its leading technology and professional development programs enables us to expand to more clients and better serve existing clients," Trevor Wilde, managing director of Wilde Wealth Management, said in a statement.
Cetera said enhancements to its AdviceWorks have attracted new teams, such as some from First Western Bank and Trust, a startup, and the more established Liberty Bank and Trust.