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Working at Cetera Financial Group

Zippia score 4.8

Overview

JobsSalaryRevenueReviewsDemographicsCompetitorsCEO & Executives

Cetera Financial Group overview

Industry
Financial Services
Revenue
$1.6B
Headquarters
Employees
1,300
Founded in
Website
Organization type
Private
CEO
Leann Rummel
Social media
Cetera Financial Group is one of the nation's largest privately-held, independent broker-dealer and investment adviser families. Through its four independently managed firms: Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Financial Institutions (Cetera Investment Services LLC), and Cetera Financial Specialists LLC, it provides comprehensive broker-dealer services, innovative technology, and competitive advisory programs to approximately 6,500 independent financial professionals and more than 600 financial institutions. Cetera was formed on February 1, 2010, upon the sale of three ING broker-dealers and their technology and back-office support teams to an affiliate of Lightyear Fund II, L.P., which is managed by Lightyear Capital LLC, a private equity firm specializing in financial services. Led by CEO Valerie Brown, Cetera's diverse management team is comprised of industry veterans averaging more than 22 years' experience in financial services, and is governed by an executive board that brings an additional wealth of investment and technology acumen to the group. Committed to using our collective knowledge and expertise in service to and for others, Cetera is focused on the growth of our affiliated financial professionals' independent practices by giving them the industry and market insight, technology, resources and solutions they need to better focus on helping their clients pursue their own financial goals
The staff at Cetera Financial Group come from unusually diverse demographic backgrounds. The company is 43.2% female and 45.0% ethnic minorities. Cetera Financial Group employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 58.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Cetera Financial Group seem to be happy. The company has great employee retention with staff members usually staying for 4.4 years.The average employee at Cetera Financial Group makes $63,159 per year. Pay at Cetera Financial Group is significantly lower than some of its highest paying competitors, like Barclays, Instinet Incorporated, and Apollo Global Management, which pay $116,906, $115,388, and $106,350, respectively.
Based in El Segundo, CA, Cetera Financial Group is a key player in the finance industry with 1,300 employees and an annual revenue of $1.6B.

Cetera Financial Group's mission statement

We help financial professionals succeed so their clients can pursue more--at every stage of life.

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The team at Cetera Financial Group

  • The key people at Cetera Financial Group is Leann Rummel.
Key people
Leann Rummel

Cetera Financial Group rankings

Cetera Financial Group is ranked #29 on the Best Finance companies to work for in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Cetera Financial Group salaries

Average Cetera Financial Group salary
$63,159
yearly
$30.36 hourly
Updated March 14, 2024

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Cetera Financial Group diversity

9.8
Diversity score
We calculated Cetera Financial Group’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cetera Financial Group’s workforce.
Cetera Financial Group diversity summary. Zippia estimates Cetera Financial Group's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Cetera Financial Group's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cetera Financial Group's workforce.
  • Cetera Financial Group has 1,300 employees.
  • 43% of Cetera Financial Group employees are women, while 57% are men.
  • The most common ethnicity at Cetera Financial Group is White (55%).
  • 19% of Cetera Financial Group employees are Asian.
  • 13% of Cetera Financial Group employees are Hispanic or Latino.
  • The average employee at Cetera Financial Group makes $63,159 per year.
  • Cetera Financial Group employees are most likely to be members of the democratic party.
  • Employees at Cetera Financial Group stay with the company for 4.4 years on average.

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Cetera Financial Group financial performance

9.8
Performance score

Highest paying Cetera Financial Group competitors

Compare Cetera Financial Group salaries to competitors, including Barclays, Instinet Incorporated, and Apollo Global Management. Employees at Barclays earn the highest average yearly salary of $116,906. The salaries at Instinet Incorporated average $115,388 per year, and the salaries at Apollo Global Management come in at $106,350 per year.
RankCompanyAverage salaryJobs
1$116,9060
2$115,3880
3$106,3500
4$105,4340
5$99,3720
6$98,0720
7$96,2010
8$91,3950
9$90,9160
10$88,9580
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Cetera Financial Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cetera Financial Group. The employee data is based on information from people who have self-reported their past or current employments at Cetera Financial Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cetera Financial Group. The data presented on this page does not represent the view of Cetera Financial Group and its employees or that of Zippia.

    Cetera Financial Group may also be known as or be related to Cetera Financial, Cetera Financial Group, Cetera Financial Group (Cetera), Cetera Financial Group Inc and Cetera Financial Group, Inc.