#United States #San Diego #Cetera Financial #Summit Financial #Arco Capital

Cetera Financial Group Welcomes Arco Capital Partners

In a significant move to bolster its financial advisory services, Cetera Financial Group has welcomed Arco Capital Partners into its network. This partnership, announced on January 29, 2025, marks a strategic enhancement to Cetera's already robust offerings, as Arco Capital brings with it $287 million in assets under administration (AUA).

Arco Capital Partners, founded by seasoned industry advisor Robert Aiken, previously operated under Raymond James prior to joining Cetera. With over 32 years of experience, Aiken expressed his excitement at the collaboration, emphasizing the aligned values between Arco and Cetera. He stated, “At Arco Capital Partners, we pride ourselves on providing our clients with large-firm resources while maintaining the personalized service akin to smaller firms. The complementing strengths of Summit Financial Networks and Cetera provide a similar blend of resources and service, which aligns perfectly with our mission.”

Tom Halloran, Head of Advisor Channel communities at Cetera, also shared his positivity towards the integration, stating, “We are thrilled that Robert and his team see the capabilities within both Summit Financial Networks and Cetera Advisor Networks LLC to uplift their already thriving practice.” Halloran emphasized the cultural fit between Cetera and Arco, hinting at promising ventures together in the future.

Arco Capital Partners specializes in comprehensive financial and investment planning, catering to individuals, families, businesses, retirees, and women investors. Alongside Aiken is Senior Registered Client Assistant Tina L. Shue, who holds extensive experience in the financial sector and further strengthens the team's capabilities. Together, they focus on delivering personalized and strategic financial solutions to their clients.

Cetera Financial Group stands out as a leader in the financial advisory space, with approximately 12,000 financial professionals under its umbrella and overseeing assets worth over $545 billion, as reported at the end of September 2024. They have garnered high satisfaction ratings from advisors, reflecting their commitment to enhancing the advisor experience.

With this strategic addition of Arco Capital Partners, Cetera positions itself not just as a hub of wealth management but also as a partner committed to the growth and success of the advisors within its network. As the financial advisory landscape continues to evolve, collaborations like the one between Cetera and Arco highlight a growing trend of firms seeking comprehensive services while adapting to clients’ individual needs.

Cetera's mission is to aid financial professionals in optimizing their control and value creation, breaking away from traditional models. Through partnerships such as the one established with Arco Capital, Cetera aims to offer innovative solutions and practical support that foster organic growth and enhanced advisory practices.

As the financial industry witnesses shifts towards personalized and accountable advisory services, Cetera's reception of Arco Capital Partners signifies a profound dedication to its mission of delivering not just results but also meaningful experiences for clients and advisors alike.