Experienced Financial Advisors Join Cetera Advisors with $350 Million in Assets Under Administration

Cetera Financial Group Welcomes Experienced Financial Advisors

Cetera Financial Group has made a significant move by welcoming veteran financial advisors Scott Thaxton, JD, CRPC®, and Greg Pennini, CFS®, to their community. This partnership marks the transition from their long-standing affiliation with LPL to a new chapter at Cetera, facilitating enhanced advisory services for a diverse clientele.

Transitioning to Cetera: A Strategic Decision

After nearly three decades with LPL, both Thaxton and Pennini identified a need for a partnership that could provide superior service, advanced technological resources, and tailored growth opportunities. Their decision to join Cetera was bolstered by the firm’s advisor-first culture and its commitment to personalized support, all essential elements for a successful advisory practice.

The duo's firm, operating under the name CarrThaxton Financial Group, manages over 1,200 client accounts, with total assets amounting to approximately $350 million. This substantial asset base underlines the team's ability to deliver high-quality advisory services, bolstered by the operational and strategic frameworks provided by Cetera.

“We were seeking a partner that could deliver advanced technology, personalized support, and a clear growth trajectory,” Scott Thaxton commented. “Cetera excelled in all aspects.”

Community and Resources at Cetera

Cetera's ecosystem is recognized for empowering independent advisors and institutions through a blend of personalized support and flexible affiliation models. The firm is currently home to around 12,000 advisors, showcasing a robust community-driven culture. This community aspect is precisely what Thaxton and Pennini believe will enhance their service delivery and client engagement.

Tom Halloran, the Cetera Advisor Channel Leader, expressed enthusiasm about the partnership. “Scott, Greg, and the CarrThaxton Financial Group team are a welcome addition to our community. Their dedication to client success resonates with Cetera’s mission of empowering advisors through cutting-edge tools and community engagement,” he stated.

The Onboarding Experience

Thaxton and Pennini highlighted the onboarding process at Cetera as one of the standout features of their transition. They found the firm’s team-based approach exceptional, and the accessibility to senior leadership gave them confidence in their decision to move. “That level of transparency, alongside the impressive GrowthLine program designed to support advisor growth, was a key factor in our choice,” they noted.

Cetera's community framework uniquely positions them to provide the necessary tools and resources that advisors need to flourish in an ever-evolving financial landscape. With a total asset management of approximately $625 billion and an impressive satisfaction rating, Cetera is poised to support Thaxton and Pennini as they continue to grow their practice.

Conclusion: A Promising Future

As Scott Thaxton and Greg Pennini embark on this new journey with Cetera, they are not just merging into a company but rather integrating into a vibrant community that prioritizes innovation, customization, and client-centric service. The duo's vision for providing impactful financial solutions aligns seamlessly with Cetera's objectives, promising not only to enhance their operational capabilities but also to significantly improve the client experience.

With their combined expertise and Cetera’s robust support system, the prospects for CarrThaxton Financial Group appear bright, setting a new standard in advisory services.