Cetera Financial Group has lured a New Jersey-based multigenerational wealth management firm, which manages about $400 million in client assets under administration to its multi-affiliation model. 

Trenton, NJ-based DFG Financial Group, led by veteran financial advisor and CEO David Dominici and COO and financial advisor Jacqueline Zapicchi-Cloughsey, has joined Cetera’s Summit Financial Networks, within the firm’s advisor channel from Ameriprise Financial. 

The team also includes financial advisor Jordan Assentato and client service associates Kimberly Stuckert, Christian Montervino, and Christina Breen, per the firm’s website. 

Dominici says he moved his firm from Ameriprise Financial to Cetera because of the firm’s broad range of products and the firm’s “ability to deliver large-firm capabilities with a personalized approach.” 

“Cetera has the look and feel of true independence with back-office support, and what we really liked about Summit is the boutique culture and belief that we’re going to get phenomenal service from a 12,000-advisor firm, but in a smaller carveout that fits our culture,” Dominici said. “Summit enamored us with how they do things and how they’re set up to help us grow – we’re definitely here to grow, we’re not here to camp.” 

Recently, Cetera added the Cleveland-area Oasis Asset Management Group from B. Riley Wealth Advisors to its Summit Financial Network. At B. Riley Wealth Advisors, the seven-person team oversaw approximately $600 million in assets under administration. 

Cetera Financial Group manages $590 billion in assets under administration and $263 billion in assets under management, with over 12,000 advisors. 

Pictured: DFG Financial Group