Cetera sale talk another distraction for advisers
February 27, 2018 by Bruce Kelly
A potential sale of Cetera Financial Group could be boon for its private equity owners, but turn out to be another distraction for its 8,000 advisers, who saw the company emerge from bankruptcy less than two years ago.
On Friday, Bloomberg News reported that Cetera was exploring a sale that could fetch its private equity owners as much as $1.5 billion.
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Originally Posted at InvestmentNews on February 26, 2018 by Bruce Kelly.
Categories: Industry Articles