Wooster Square Advisors Team Joins Cetera Advisor Networks

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Mar 07, 2023, 12:00 ET

$250 million practice joins from Park Avenue Securities

LOS ANGELES, March 7, 2023 /PRNewswire/ -- Cetera Financial Group (Cetera), an at-scale wealth hub that offers financial professionals and institutions the latest solutions, support and services, announced today that the advisors of Wooster Square Advisors have affiliated with Cetera Advisor Networks via Cetera Wealth Partners.* Led by managing partner and wealth manager Brett Amendola, Wooster Square manages approximately $250 million in assets under administration, as of January 30, 2023**, and was previously affiliated with Park Avenue Securities.

Wooster Square's veteran team of six professionals brings a combined 150 years of financial services experience to its comprehensive wealth management process, delivering sophisticated financial advice and planning services to families, business owners and professionals. Located in New Haven, Connecticut, a hub of top universities and hospitals, Wooster Square serves the local small business community, legal professionals, and clients in the higher education and medical fields.

"Cetera Wealth Partners is a welcome home for advisors who, like us, are driven to deliver a premium client experience with cutting-edge advice and sophisticated planning strategies," Amendola said. "With Cetera's industry-leading technology, a broad product and platform suite, and a clear vision for our practice, Cetera is the right partner for our business and our clients. In addition, Cetera embraces the importance of independence in an advice-based relationship, and we look forward to accelerating our growth and better serving clients together for years to come."

"We are excited to welcome the Wooster Square team as the latest addition to the Cetera Wealth Partners family," said Tom Halloran, president of Cetera Wealth Partners. "Brett and the Wooster Square team share our vision and values as we work to maximize strengths, drive meaningful growth, and serve clients in new and innovative ways."

On the heels of a year that saw a record $13 billion in organic recruiting of assets under administration for Cetera communities, Wooster Square Advisors represents the firm's latest recruiting win and rounds out a strong first quarter of 2023.

Visit https://www.woostersquareadvisors.com/ and www.cetera.com to learn more.

About Cetera Financial Group®

An at-scale wealth hub, Cetera Financial Group (Cetera) offers financial professionals and institutions the latest solutions, support, and services. Breaking away from a commoditized and homogenous IBD model, Cetera instead creatively addresses advisors' and institutions' unique needs, whether they are seeking 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.

Cetera's approach empowers advisors to affiliate in whichever way they deem most appropriate. During the professional life cycle of their practice, the Cetera wealth hub helps to ensure each advisor's affiliation model identifies and ignites growth levers in a way that helps increase the value of their practice, people, and legacy. Cetera delivers holistic, unbiased financial planning and advice to Main Street investors, helping them achieve their version of financial wellbeing at all life stages. For financial professionals, Cetera provides growth and succession resources, an enhanced advisor tech stack and importantly, an experience where financial professionals don't feel like a number, but an integral part of Cetera's rich and thriving ecosystem.

Home to more than 8,000 financial professionals and their teams, Cetera oversees approximately $322 billion in assets under administration and $115 billion in assets under management, as of December 31, 2022. In a recent advisor satisfaction survey of more than 14,000 reviews, Cetera's Voice of Customer (VoC) program vigorously measures advisor experience and satisfaction 24/7. Currently, it's ranked 4.7 out of 5 stars.

Visit www.cetera.com, and follow Cetera on LinkedIn, YouTube, Twitter and Facebook.

"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, 11^th Floor, San Diego, CA 92101.

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.

*Cetera Wealth Partners is a region of Cetera Advisor Networks. Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC, a broker dealer and Registered Investment Adviser. Cetera is under separate ownership from any other named entity.

**Value approximated based on asset holding details provided to Cetera up to January 30, 2023.

Media Contacts:
Cetera Financial Group

Ryan Hoffman
[email protected]
[email protected]

SOURCE Cetera Financial Group