Acquiring Company
Cetera
Acquired Company
Avantax
BuffaloDallasFinancial ServicesFinanceLendingConsultingFinancial ServicesFinanceLendingConsultingAccountingDescription
Avantax, Inc. (NASDAQ: AVTA) and Cetera Holdings, the holding company of Cetera Financial Group, announced today the successful completion of Cetera's acquisition of Avantax. Avantax is now a unique community within the Cetera family with 3,111 financial professionals, representing $82.3 billion in assets under administration and $42.0 billion in assets under management, as of September 30, 2023. Cetera retained Avantax's legal entities, brand, core technology, product offerings and existing clearing and custody relationships. The addition of Avantax Planning Partners, an employee-based RIA with over $7.8 billion in assets under management as of September 30, 2023, strengthens Cetera's established succession solution and delivers a powerful combined offering for Cetera's advisor communities.
Quick answer
Cetera is acquiring Avantax, announced November 27, 2023. Cetera is based in Buffalo, New York, United States.
- How much did Cetera pay for Avantax?
- The deal value was not disclosed.
- What does Cetera do?
- Cetera is a financial advisory firm that provides wealth management and advisory services to individual and institutional clients.
- Where are Cetera and Avantax based?
- Cetera is based in Buffalo, New York, United States. Avantax is based in Dallas, Texas, United States.
- Who are the decision-makers at Cetera?
- Fundz holds 2 contacts at Cetera. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Cetera, and when
When Cetera changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Cetera raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cetera, from your own LinkedIn network
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Frequently asked
Who acquired Avantax?
Avantax was acquired by Cetera, based in Buffalo. The deal was reported on November 27, 2023. Cetera is a financial advisory firm that provides wealth management and advisory services to individual and institutional clients. The company focuses on growth and succession planning to meet the needs of its clients. Cetera is privately held and operates in Financial Services.
When did Cetera acquire Avantax?
Cetera's acquisition of Avantax was reported on November 27, 2023. Avantax, Inc. (NASDAQ: AVTA) and Cetera Holdings, the holding company of Cetera Financial Group, announced today the successful completion of Cetera's acquisition of Avantax. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Avantax do?
Avantax, Inc. It is privately held, operating in Financial Services, and is based in Dallas.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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