Cetera Advisor Networks

Investment Loss Claims Against Cetera Financial

Cetera Advisor Networks, also known as Cetera Financial Specialists and Cetera Financial Institutions, was founded in 1983 under the name "Financial Network Investment Corporation." This advisor network prides itself on being on the cutting edge of independent contractor brokerage. Cetera has 60 directors throughout the United States with a main office location in El Segundo, California. Cetera Financial Group is the holding company of four independent channel broker-dealers, including Cetera Advisor Networks, with approximately 6,500 financial advisors and more than 600 financial institutions.

Cetera advertises that they offer the following products and services:

  • Retirement plans
  • CMOs, treasuries, corporate, and other types of bonds
  • Annuities: fixed and variable
  • Unit investment trusts
  • Stock options, and more

Past Regulatory Events

Cetera Advisor Networks LLC is a registered brokerage firm and investment adviser firm (registered with the SEC as well as 53 U.S. states and territories). According to its FINRA BrokerCheck® report, the firm has a total of 7 regulatory events, one civil event, and 15 arbitrations in its history.

The most recent regulatory event was initiated in December 2012. Cetera Advisor Networks was accused of, for more approximately 2.5 years, failing to promptly file form BR amendments. Sanctions ordered: monetary fine of $40,000.

In July 2006, an arbitration aimed to settle allegations that Cetera violated NASD Rules 2110 and 2830K1. The resolution: Cetera filed an Acceptance, Waiver and Consent (AWC) form. Sanctions ordered: a monetary fine of more than $3.4 million.

Recover Losses Caused by Cetera Advisor Networks

If you entrusted your investments with a Cetera advisor/broker and you lost a substantial amount of money, we invite you to contact our firm. Meyer Wilson is an investment fraud law firm that aims to help people recover losses caused by investment misconduct. We handle investment cases in state and federal courts, as well as arbitrations (FINRA, AAA, or private).

To learn if you have a case against Cetera Advisor Networks, submit an online contact form or call (800) 738-1960.

The Meyer Wilson Way

Results-Focused Representation
  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for over Ten Years Running
  • David Meyer is the Immediate Past-President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

We Recover Investment Losses

Helping You Take Back What Is Yours
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million

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