07.20.26

Cetera CEO Sees Succession Planning Momentum in RIA Channel

by: Patrick Donachie

Cetera CEO Mike Durbin said the firm is seeing strong momentum in succession planning solutions as it expands its registered investment advisory (RIA) channels. Through Cetera Planning Partners and other platforms, the firm helps advisors transition ownership while keeping practices within Cetera. Durbin highlighted growing interest from both existing firms and outside prospects seeking succession support. He also discussed Cetera’s continued private equity backing, bank and credit union partnerships and expansion in wealth management services. Despite industry consolidation and market uncertainty, Durbin said Cetera remains focused on growth, leveraging partnerships and advisor support rather than pursuing an immediate sale or initial public offering.

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