Groups previously affiliated with PlanMember Securities and LPL are the latest to join Cetera Advisor Networks
THE ANGELS, August 17, 2022 /PRNewswire/ — Cetera Financial Groupone of America’s largest networks of financial professionals, announced today that three teams manage more than 550 million dollars have joined Cetera Advisor Networks. The teams are led by three experienced advisors: Nuno Pereira, Jim Lohnesi Brenton Schmidt. Pereira and Lohnes were previously affiliated with PlanMember Securities, while Schmidt was previously affiliated with LPL. The affiliations are among the latest recruiting wins for Cetera, which attracted a record 3.6 billion dollars in assets in the second quarter of 2022.
Pereira almost succeeds 340 million dollars for customers. Raised in a union family, he specializes in serving union workers, offering comprehensive retirement planning, pension planning and 401(k) guidance services. It serves multiple generations and works closely with union leadership and local union members to provide comprehensive retirement planning services.
“After carefully evaluating options for a new company affiliation, I am delighted to be joining Cetera Advisor Networks,” said Pereira. “The impressive platform and leading technology offerings and tools will help me better serve my clients in the long term. I look forward to elevating my business and serving my union clients more holistically through the dedicated support, committed team and Cetera’s valuable resources.”
Lohnes heads Lohnes Wealth Management, which manages 120 million dollars for clients, serving people in organized labor, specifically retiring members of telephone and public service unions. Schmidt is based in Delano, MNand manages almost 100 million dollarsproviding a wide range of financial planning and wealth management services for clients.
“We welcome these teams to Cetera Advisor Networks and are pleased that they have found the right fit for their business needs and aspirations,” he said. John Pierce, head of business development at Cetera. “As financial professionals evaluate their affiliation with the firm, we believe Cetera will continue to rise to the top of advisor consideration and attract the industry’s best financial professionals looking for a fresh start to serve their clients more effective and grow your business value.”
To learn more about Cetera Advisor Networks, visit https://www.cetera.com/cetera_at_a_glance/cetera-advisor-networks.
About Cetera Financial Group®
Cetera Financial Group (Cetera) is a leading financial services company whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible. Cetera empowers its financial professional communities to help clients achieve their version of financial wellness through the Advice-Centric Experience®. Cetera proudly serves independent financial professionals, tax professionals, banks and credit unions in providing comprehensive financial planning and wealth management services.
Cetera supervises approximately 353 billion dollars in assets under administration and 122 billion dollars in managed assets, from December 31, 2021.
“Cetera Financial Group” refers to the network of independent retail companies including, but not limited to, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (trading as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC and First Allied. Securities, Inc. All firms are FINRA/SIPC members. Located at: 655 W. Broadway, 11th Floor, San DiegoCA 92101.
Persons affiliated with Cetera companies are registered representatives who provide only brokerage services and receive transaction-based compensation (commissions), investment adviser representatives who provide only investment advisory services and receive transaction-based commissions assets, or both registered representatives and investment adviser representatives, who may provide both types of services.
SOURCE Cetera Financial Group