Assets, accounts and advisory business increase exponentially in two years since 2019 acquisition
LOS ANGELES, Dec. 2, 2021 /PRNewswire/ — 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