Cetera Investment Services

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Statement of Financial Strength

Founded in 1984, Cetera Investment Services LLC is a self-clearing broker-dealer and insurance agency serving the clients of more than 455 financial institutions with assets ranging from $31 million to $141+ billion nationwide. Our financial soundness and strength are derived from our business model, the financial strength and liquidity of our parent company, Cetera Financial Group, and our leadership in regulatory compliance and strict adherence to our principles of risk management to protect the reputations of our financial institutions.

Business Model

Our business model is simple: we focus on financial institutions, delivering high-quality investment products, wealth management solutions and premier support to help grow their investment programs. As a broker-dealer with no proprietary investment products, our advice to program managers, relationship managers, registered representatives and financial advisors is based solely on the merits of our analyses of the investment products and programs offered, and free from bias. Our self-clearing platform requires our staff to have additional layers of expertise and capabilities, making us less susceptible to the operational inconsistencies of an external partner.

Additionally, our self-clearing model allows us to conduct business in a more cost-effective, efficient manner than an introducing broker-dealer while delivering rapid response, total quality control, in-house and real-time data processing, expedient execution, competitive pricing and a flexible structure. Paired with our technology and service offerings catered specifically to our distinct focus on financial institutions and dedication to helping them foster lasting relationships with their clients, we are well positioned to execute our mission to deliver comprehensive financial solutions to investing clients by building strong relationships with banks and credit unions through unparalleled service.

Cetera Investment Services at a Glance:
All data as of Sept. 1, 2022

  • Serves more than 455 financial institutions
  • Self-clearing
  • Total representatives and financial advisors: 1,790
  • Assets under administration: nearly $70.7 billion
  • Total full-time employees: 434
  • Average team tenure: 30.5 years in the industry; 20 years with Cetera Investment Services

Cetera Financial Group

Cetera Investment Services is part of Cetera Financial Group (Cetera), a leading network of independent retail broker-dealers empowering the delivery of objective financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is one of the largest independent financial advisor networks in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support, and innovative technology. For more information, visit cetera.com.

Regulatory Compliance and Risk Management

Cetera Investment Services is registered with the United States Securities and Exchange Commission (SEC) as a broker-dealer and registered investment adviser. Cetera Investment Services is also a member of the Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB). Cetera Investment Services is securities registered and insurance licensed in all 50 states.

As such, Cetera Investment Services is subject to the rules and the laws of these organizations and entities, and adheres carefully to its specific obligations to assist its employees and registered representatives in complying with these rules and regulations. Cetera Investment Services has set forth standards of conduct and procedures that comply with applicable rules and regulations and must be followed in conducting its business.

Statement of Financial Condition

Statement of Financial Condition as of December 31, 2023, and Report of Independent Registered Public Accounting Firm

Statement of Financial Condition as of June 30, 2023 (unaudited)