Cetera Financial Specialists Acquires $450 Million AUA Advisor Bill Schumann

SAN DIEGO, Dec. 18, 2023 /PRNewswire/ -- In a notable expansion of its wealth management network, Cetera Financial Group (Cetera), recognized as a leading financial advisor hub, has officially announced the onboarding of Bill Schumann, a Certified Financial Planner®. Schumann, previously affiliated with Grove Point Investments, has transitioned to Cetera Financial Specialists bringing with him an impressive advisory under assets (AUA) totaling $450 million.

Strengthening Cetera's Position in Financial Advisory Services

The incorporation of Schumann into the Cetera community significantly bolsters the group's offering and expertise in the wealth management sector. This move underscores Cetera's commitment to attracting top-tier advisors in the industry to provide a more comprehensive range of services to its clients.

Premier Financial Corp's Presence in the Wealth Management Arena

As Cetera Financial Group consolidates its status within the financial advisory sphere, corporations like Premier Financial Corp. PFC, headquartered in Defiance, Ohio, maintain their influential presence in the financial ecosystem.

Cetera, Financial, Advisor