Cetera Advisor Networks Llc (El Segundo)
Cetera Advisor Networks Llc Is a Large Advisory Firm Based in El Segundo. It Manages $18.1 Billion of Regulatory Assets for 71,503 Client Accounts. It Has Been...
Cetera Advisor Networks LLC is a large advisory firm based in El Segundo. It manages $18.1 billion of regulatory assets for 71,503 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Cetera Advisor Networks provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
Cetera Advisor Networks: assets under management
The assets under management (AUM) of Cetera Advisor Networks LLC is $18.1 billion. The firm's AUM has grown by 76% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $13.4 billion in discretionary accounts and $4.7 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $239.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $300.55 thousand.
Investments
The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.
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