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Cetera Financial Group has picked up six Texas banks and a financial advisor from LPL Financial as part of a recruitment deal announced by Cetera on Thursday.
As part of the deal, holding company Industry Bancshares has joined Cetera's financial institutions community. Industry Bancshares comprises six different local bank charters with more than 27 offices located in rural communities throughout Texas, Cetera said. The community banks support almost $6 billion in deposit assets and $46 million in assets under management, according to Cetera.
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Jeff Berman
Jeff joined the ThinkAdvisor team as a staff reporter in July 2019. Before joining ThinkAdvisor, he was a freelance reporter for five years, covering mainly technology, business, media and entertainment news for publications including The Miami Herald, Newsday, TheStreet.com, Long Island Press and multiple American City Business Journals websites. He also reported for several consumer electronics publications and was a technology reporter for publications of the Media & Entertainment Services Alliance. Prior to that, he worked as a reporter and editor for Consumer Electronics Daily and other Warren Communications News publications for 15 years. He graduated with an MA in journalism from New York University.
