02.26.25
Cetera Completes Acquisition of Protective Life Subsidiary CFGS
by: Leo Almazora
Cetera Financial Group has finalized its acquisition of Protective Life Corporation subsidiary Concourse Financial Group Securities (CFGS). The deal adds some 350 financial professionals overseeing more than $12 billion in assets under administration and $4 billion in assets under management to the Cetera Wealth Partners network. Cetera disclosed its plans to acquire CFGS in October.
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