Cetera completed the acquisition of the retail wealth business of Securian Financial.

Cetera, a provider of wealth management support services and brokerage, completed the acquisition of the retail wealth business of Securian Financial, an insurance company. Financial terms were not disclosed. "We are thrilled to welcome so many Securian Financial professionals to Cetera, where we know they will grow and thrive as an integral pillar of the Cetera Advisor Networks community. The close of this important partnership represents the beginning of a new phase of opportunity for the professionals who are joining us as well as everyone affiliated with Cetera. We look forward to a bright future for the managing partners, financial professionals and team members who now call Cetera home," Tom Taylor, Cetera Chief Sales and Growth Officer.