A slice of the wealth management pie
Financial Planning
The leading resource of news, data and analysis for the wealth management industry.
Everyone in wealth management is racing to get a piece of the action in managing people’s money. Everybody, it seems, except insurance companies.
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Cetera Financial Group, the second-largest consortium of independent broker-dealers, agreed today to acquire the retail wealth management business of Securian Financial Group. It’s the latest move by an insurer to step away from a related but radically different field.
In other news: