Advisor with 31 years' experience joins Summit Financial Networks from Wells Fargo Clearing Services
LOS ANGELES, Aug. 30, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced that Joe Groarke** has joined Cetera Advisor Networks via Summit Financial Networks. Based in Blue Bell, Pa., Groarke is an experienced financial advisor who was previously affiliated with Wells Fargo Clearing Services. He provides comprehensive financial planning and investment advice to clients and had approximately $84 million in assets under administration* as of April 28, 2023.
"I welcome Joe to both Summit and Cetera Advisor Networks," said Marshall T. Leeds, president and regional director of Summit Financial Network. "Summit is an outstanding home for advisors seeking the support they need to grow their practice and to provide unmatched services to their clients. We look forward to working with Joe in this capacity."
Summit Financial Networks is a top region within Cetera Advisor Networks, which is the largest community of advisors within Cetera. Summit is set apart by its commitment to providing the highest standard in personalized boutique service to its financial professionals and to their clients.
About Cetera Financial Group®
Cetera Financial Group (Cetera) is the premier financial advisor Wealth Hub where financial advisors and institutions optimize their control and value creation. Breaking away from a commoditized and homogenous IBD model, Cetera offers financial professionals and institutions the latest solutions, support, and services to grow, scale, or transition with a merger, sale, investment, or succession plan. Cetera proudly serves independent financial advisors, tax professionals, licensed administrators, large enterprises, as well as institutions, such as banks and credit unions, providing an established and repeatable blueprint for scalable growth.
Home to more than 8,000 financial professionals and their teams, Cetera oversees approximately $341 billion in assets under administration and $121 billion in assets under management, as of June 30, 2023. In a recent advisor satisfaction survey of more than 21,000 reviews, Cetera's Voice of Customer (VoC) program vigorously measures advisor experience and satisfaction 24/7. Currently, it's ranked 4.8 out of 5 stars.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms are FINRA/SIPC members. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.
Securities and advisory services offered through Cetera Advisor Networks, LLC (doing business in CA as CFGAN Insurance Agency LLC), member FINRA/SIPC, a broker/dealer and Registered Investment Adviser. Cetera is under separate ownership from any other named entity.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
*Value approximated based on asset holding details provided to Cetera.
**Summit Financial Networks is a region of Cetera Advisor Networks LLC. Securities offered through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity.
SOURCE Cetera Financial Group