UNLOCK THE POWER OF THE VAULT

Roth Tells Cetera Reps He’ll Bring ‘Clarity’ on Leadership Soon

August 31, 2016

Roth Tells Cetera Reps He’ll Bring ‘Clarity’ on Leadership Soon

AUGUST 30, 2016 |By Janet LevauxEditor in Chief, Research Magazine | Think Advisor

The executive sent a memo to the IBD’s 9,000 reps on Monday amid intense industry chatter

Amid intense industry speculation that he could be pushed out, the head of Cetera Financial Group is telling its 9,000 affiliated industry reps to sit tight.

“We have been exploring certain potential future options for our leadership structure as we enter the post-strategic transformation phase of development for our company. We expect to be able to provide clarity on this within a matter of days,” Larry Roth explained in a memo sent to advisors Monday, according to a copy of the memo obtained by ThinkAdvisor from an industry source.

Article Located Here

Print Friendly, PDF & Email
Go Back
Thomas E. Burns, III
July 29, 2015
February 22, 2016

I subscribe to Blue Vault to keep up with the sponsors and their wholesalers! The analysis keeps me up to date with the various portfolios and the way they are managed, including the differences between them.