Cetera reportedly exploring $1.5 billion sale

February 24, 2018 by Greg Iacurci

Cetera Financial Group, a network of six broker-dealers, is exploring a sale that could be worth about $1.5 billion, according to a Bloomberg report.

The company, which houses around 8,000 brokers and advisers, began interviewing potential advisers to run the sale earlier this month, according to the report, which cited anonymous sources familiar with the matter.

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Originally Posted at InvestmentNews on February 23, 2018 by Greg Iacurci.