{"id":1964,"date":"2017-09-30T20:59:33","date_gmt":"2017-10-01T00:59:33","guid":{"rendered":"https:\/\/www.elderfinancialfraudattorneys.com\/?p=1964"},"modified":"2018-10-04T15:36:27","modified_gmt":"2018-10-04T19:36:27","slug":"cetera-advisor-networks-llc","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/cetera-advisor-networks-llc\/","title":{"rendered":"Cetera Advisor Networks, LLC"},"content":{"rendered":"

Founded in 1983, Cetera Advisor Networks, LLC (CRD# 13572)<\/a><\/span> is one of the largest independently managed brokerage firm in the U.S. Based in El Segundo, California, the company has a network of 10 broker-dealer firms consisting of nearly 10,000 advisors.<\/p>\n

Cetera was originally created under the name of Financial Network Investment Corporation (FNIC). FNIC was sold to Aetna Financial Services in 1997; three years later, Aetna was acquired by ING Group. The firm \u2013 along with two other ING Group firms \u2013 was bought by Lightyear Capital, where it was renamed Cetera Financial Group.<\/p>\n

In 2014, Lightyear sold Cetera for $1.15 billion to RCS Capital Corporation, which was partially owned by Nicholas Schorsch. Schorsch and his companies became infamous for the many BDCs and REITs they sponsored.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Founded in 1983, Cetera Advisor Networks, LLC (CRD# 13572) is one of the largest independently managed brokerage firm in the U.S. Based in El Segundo, California, the company has a network of 10 broker-dealer firms consisting of nearly 10,000 advisors. Cetera was originally created under the name of Financial Network Investment Corporation (FNIC). FNIC was […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1102],"tags":[105],"class_list":["post-1964","post","type-post","status-publish","format-standard","hentry","category-blog","tag-cetera-advisor-networks"],"yoast_head":"\nCetera Advisor Networks, LLC on elderfinancialfraudattorneys.com<\/title>\n<meta name=\"description\" content=\"Check out the new article Cetera Advisor Networks, LLC on elderfinancialfraudattorneys.com\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/cetera-advisor-networks-llc\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cetera Advisor Networks, LLC on elderfinancialfraudattorneys.com\" \/>\n<meta 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