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Financial Advisory  + Broker/Dealers  + RIAs & Financial Advisors  | 
Cetera Adds Record $13B in 2022, Supported by Recruitment Efforts

Cetera Adds Record $13B in 2022, Supported by Recruitment Efforts

Cetera Financial Group, one of the country’s largest networks of financial professionals, added more than $13 billion in assets through organic recruiting in 2022, a record for the company, surpassing the $10 billion it added in 2021.

Contributing to the record results, Cetera added to its business development team with several key hires and made strategic investments in its onboarding and integration program, Accesslink, in 2022.

The firm recently hired Genevieve Sisco as divisional business development director. Previously, Sisco worked in business development at SagePoint Financial, an Advisor Group affiliate, and has also held roles at Cambridge Investment Research and ING Advisor Network.

“While 2022 was not without its challenges, we are energized and inspired by our results and optimistic about an even better 2023,” said head of business development, John Pierce.

In November, Cetera announced three new hires to the business development team: senior recruiters Jeremy Wilmes and Tim Petrovich and sourcing and engagement specialist James Fox.

Cetera serves more than 8,000 independent financial professionals and their teams, including tax professionals, banks and credit unions. Cetera oversees approximately $322 billion in assets under administration and $115 billion in assets under management.

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Cetera Financial Group

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.