Updated Thursday, October 30, 2014 as of 2:11 PM ET

Deal for Cetera Takes Advisors By Surprise

The 6,600 advisors in Cetera Financial Groupís network were caught by surprise Thursday by news of a planned sale to RCS Capital.

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Comments (1)
How this takeover pans out is anybody's guess. No doubt if managed properly it can really turn the game on its head. The new firm has a host of talent in the form of a team of high-class financial advisors and is looking at growth. If the management team remains intact, it could add substantially to the bottom line.
Posted by KIMMY B | Saturday, January 18 2014 at 12:13PM ET
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