#USA #San Diego #Cetera Financial #David Bashaw #Commonwealth Advisor

Cetera Financial Group Welcomes Veteran Advisor David Bashaw

In an exciting development for the financial services industry, Cetera Financial Group has announced the addition of seasoned advisor David Bashaw to its prestigious team. After an impressive near 40-year tenure at Commonwealth Financial Network, Bashaw has made the strategic decision to join Cetera, where he hopes to enhance his client services through a richer community and support system.

A New Chapter in David Bashaw's Career

Bashaw comes to Cetera with a wealth of experience, having overseen approximately $115 million in assets for his clients. His extensive career has been marked by a commitment to personalized financial advice and comprehensive planning. The shift to Cetera follows the recent acquisition of Commonwealth by LPL Financial, which prompted him to seek a new home that would continue to foster both his and his clients' growth.

"After reading Cetera's open letters directed at Commonwealth financial advisors, I felt compelled to engage with the firm’s leadership. I wanted to delve deeper into whether this could be a suitable environment for my business," Bashaw commented on his transition.

With careful consideration of nearly a dozen firms, Cetera emerged as the standout choice for Bashaw. His decision reflects a deep-seated desire to align his practice with a firm that values community and provides robust growth support. He noted that the culture at Cetera feels both familiar and reassuring, making it a wise choice for his next steps in the industry.

Cetera's Commitment to Client Success

Tom Halloran, the leader of Cetera’s Advisor Channel, expressed enthusiasm over Bashaw’s joining, highlighting, "From our very first conversations, it was evident that David would fit seamlessly into our vision at Cetera. Transitioning from a career spent at a single firm is a monumental choice, and we are incredibly pleased to welcome David to a new environment where his practice is poised to thrive."

Cetera Financial Group stands out within the industry for its dedication to empowering independent advisors and institutions. Providing personalized support, flexible affiliation models, and growth solutions, Cetera is home to approximately 12,000 advisors and institutions. Their innovative five-channel model blends modern technology with integrated wealth solutions, tailored to meet the unique needs of each advisor.

As of September 30, 2025, Cetera firms collectively manage an impressive $625 billion in assets under administration, along with $284 billion in assets under management. Their dedication to advisor satisfaction is evident in their Voice of the Customer program, which has garnered over 35,000 five-star ratings, positioning Cetera with an impressive 4.8 out of 5 satisfaction score.

Through his collaboration with Cetera Wealth Partners, Bashaw looks forward to utilizing the firm’s state-of-the-art advisory platform to continue delivering outstanding service to his clients. The inclusive and community-driven ethos of Cetera provides the perfect backdrop for Bashaw’s expertise and commitment to financial planning.

Conclusion

The financial services landscape is always evolving, and the move of David Bashaw to Cetera Financial Group marks a significant milestone not only in his career but also for the company. As Bashaw embarks on this new journey, both he and Cetera are set to create waves in the industry, demonstrating the power of community and exceptional client care.

For those looking to learn more about Cetera Financial Group, feel free to visit their official website at Cetera.com.