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New Deal


Announced

Completed

Cetera Holdings completed the acquisition of The Retirement Planning Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Diversified Financials

Completed

Single Bidder

Domestic

Acquisition

Majority

Friendly

United States

retirement planning

wealth management

Private

Synopsis

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Cetera Holdings, a financial advisor Wealth Hub where financial advisors and institutions can optimize professional control and value creation, completed the acquisition of The Retirement Planning Group, an independent registered investment advisory (RIA) firm. Financial terms were not disclosed. "As we looked to the future of our business, we quickly realized that Cetera delivers on all the areas that are most important to our business and our clients. This partnership sets us up for a bright future as we continue to attract advisors seeking to focus more on taking care of their clients and less on the operational aspects of running a business. Cetera is a great cultural fit for our employees and our clients, and we are excited and honored to call Cetera home," Kevin Conard, The Retirement Planning Group CEO.

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