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Posted on: July 24, 2018, 3:31 p.m.
Cetera Financial Group is developing an equity participation plan for its reps in the wake of receiving a majority equity investment from Genstar Capital, according to Cetera CEO Robert "RJ" Moore. Although the plan is still being formulated, Moore said Cetera and Genstar were looking to devise a plan that would allow advisors affiliated with Cetera to acquire major equity positions in the independent broker-dealer (IBD) network. Last week, Cetera announced that it had completed a review of its strategic ... Full investment news articleRelevent to this post: Horizons Ventures Lightyear Capital,