Callero Capital Management Joins Cetera Financial Specialists
Advisors Matthew Callero and Christopher Callero have joined Cetera Financial Specialists, part of Cetera’s Tax & Accounting Channel, as they reposition their practice for long-term growth. Operating as Callero Capital Management, the cousins oversee approximately $265 million in assets under administration and are based in Chicago’s northwest suburbs.
Callero Capital Management delivers comprehensive wealth management and retirement planning for individuals, families, and business owners. The practice is structured around a multigenerational, collaborative team model designed to provide clients with a consistent and seamless advisory experience “to and through retirement.”
“The decision to move has been many months in the making and followed an exhaustive search among independent broker-dealers,” said Matthew Callero, President of Callero Capital Management. “We believe that Cetera’s back-office support is vital for a growth-minded advisory firm like ours.”
The advisors said their transition was influenced by ongoing operational challenges tied to Osaic’s integration of its broker-dealers, following years of affiliation with Woodbury Financial Services.
Looking ahead, the Calleros plan to expand their footprint. “We’re positioned to welcome additional producing advisors who share our client-first philosophy,” Matthew added. With many local advisors nearing retirement, he said the firm sees strong demand for succession solutions. “We will be active in pursuing local acquisition opportunities over the next 3 to 5 years.”
As of September 30, 2025, Cetera’s network collectively oversees more than $625 billion in assets under administration and $284 billion in assets under management, supporting a growing base of independent advisors across the country.
Pictured: Callero Capital Management Team