Independent practice specializing in wealth management and tax planning oversees $135 million, represents the latest addition to Cetera’s growing RIA model
SAN DIEGO – March 31, 2026 – Cetera has completed the acquisition of Matkovic Financial Group, an Indianapolis-based independent practice specializing in wealth management and tax planning that oversees approximately $135 million* in assets. The acquisition further expands Cetera’s RIA model and builds on a longstanding affiliation between Matkovic Financial Group and Avantax, a Cetera community.
Elevated Energy Prices Fuel Inflation Risks
Fears of a potential ground invasion of Iran by the U.S. and its allies continued to pressure markets. Despite ongoing mediation efforts, investors remain skeptical about the likelihood of a swift resolution. The Strait of Hormuz, which was briefly reopened to countries purchasing oil in yuan, was again closed to traffic on Friday, further escalating tensions. As a result, investors expect energy prices to remain elevated for an extended period, driving inflation expectations meaningfully higher and pushing markets to price in a 20% probability of a September rate hike by the Fed.
SAN DIEGO – March 24, 2026 – Cetera today announced the appointment of Ed O’Brien as Chief Operating Officer in May 2026. In this role, O’Brien will focus on accelerating advisor growth and translating Cetera’s scale into a durable competitive advantage.
What’s the data saying about the economy and markets? Our Q2 Chartbook is here packed with dashboards, indicators, and timely insights from Cetera Investment Management. See what’s shaping the conversation this quarter!
Staying on Course Amid Geopolitical Uncertainty
Despite elevated geopolitical uncertainty, the economic and market backdrop entering 2026 remains largely on track. U.S. growth could surprise to the upside, supported by deferred activity, larger tax refunds, and solid underlying demand. Learn more in our latest outlook.
Fed Holds Rates on Energy Concerns
Markets continued to trend lower as fighting in the Middle East persisted with no clear path toward resolution. In addition, the Federal Reserve maintained interest rates at its latest FOMC meeting, citing increased inflation risks stemming from higher energy prices. Producer Price Index (PPI) data rose for a fourth consecutive month, signaling rising input costs that could begin to pass through to consumer prices in the coming months.