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Broker-Dealer News: Cetera Closes Securian Acquisition with Record Retention & $50 billion in Client Assets

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Cetera Financial Group finished acquiring the retail wealth and trust business of Securian Financial Group, retaining over 91% of its financial professionals and even more client assets than originally anticipated. Acording to the release, all managing partners and financial advisors will form a new community in the Cetera ecosystem known as Cetera Wealth Management Group.