Cetera Advisor Networks, formerly known as Financial Network Investment Corporation announces the signing of Joseph M. Van Name, an independent financial advisor based in Falls Church, Va. Van Name is the president of Advisors Financial, a four-person firm that also includes Amy Hoffman, Cindy Irving and Susan Warren.
Cetera Advisor Networks announces that Jack Handy, Chief Executive Officer and 25-year veteran of the firm, will retire from his position on February 28. Douglas King, who currently serves as president, will assume the role and become president and CEO.
Cetera Advisor Networks signs Scott A. Sprague, CLU, ChFC, CFP, an independent financial advisor based in San Ramon, Calif. Sprague is the founder of Sprague Wealth Solutions LLC, a comprehensive financial planning firm, and he oversees approximately $110 million in total client assets.
Cetera Advisor Networks LLC takes succession planning support to a new level. It will now offer its regional directors, as well as other small- to mid-sized broker dealers, the opportunity to sell their business to Cetera Advisor Networks, providing for liquidity and to help ensure a smooth transition of leadership.
Cetera Financial Group announces that Multi-Financial Securities Corporation has become Cetera Advisors LLC, and Financial Network Investment Corporation has become Cetera Advisor Networks LLC. This completes the name changes for all four firms under Cetera’s new unifying brand structure.
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