Cetera Investment Advisers LLC is a large advisory firm based in Schaumburg. It manages $10.32 billion of regulatory assets for 54,906 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Cetera Investment Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cetera Investment Advisers LLC is $10.32 billion. The firm's AUM has grown by 246% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cetera Investment Advisers LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Joseph Daniel Neary is individuals with 46,686 clients and $6.94 billion of assets under management. Among the 7 most similar advisory firms, Cetera Investment Advisers has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $10.32 billion for 54,906 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cetera Investment Advisers doesn't advise any private funds.
The company employs 2,072 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 2,062 employees are registered as investment adviser representatives with the state securities authorities.
There are 101 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Joseph Daniel Neary has been acting as President since 1 May 2019. Leann Renee Rummel joined the executive team most recently as the Vice President.
The principal office where Cetera Investment Advisers LLC performs its advisory services is located at 200 North Martingale Road, Schaumburg, IL 60173 2096, which is also the mailing address of the firm. An additional office of the firm is in Rochelle Park, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 888-528-2987 or by fax 847-330-7912. The normal business hours are 8am to 5pm ct on Monday - Friday. You can find more information about the New York firm at ceterafinancialspecialists.com.