Cetera Buys Kansas City-Based Firm

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Cetera Buys Kansas City-Based Firm
Cetera is based in El Segundo.

El Segundo-based Cetera Holdings has acquired Kansas City-based investment advisory firm Dightman Capital Group to merge with the The Retirement Planning Group company. 

Terms of the deal were not disclosed.

Cetera added The Retirement Planning Group, another Kansas City-based financial advisory asset, to its network last May. Now Cetera aims to merge Dightman Capital into the financial planning firm.

“We are pleased to welcome Brian (Dightman) and his clients to the TRPG family, where we know they are positioned well for a bright future,” said Kevin Conard, chief executive at The Retirement Planning Group. “This acquisition represents a continuation of TRPG’s successful M&A strategy, and the first of more to come with the support of Cetera.”

The Retirement Planning Group oversees approximately $1.8 billion in assets. Its advisors offer wealth management, tax planning and payroll and bookkeeping services.

Brian Dightman, the owner of Dightman Capital Group, is now an employee at The Retirement Planning Group as a W-2 advisor. 

“As I contemplated the long-term future of my business, I closely evaluated and considered nearly two dozen options and firms across the country,” Dightman said. “From the moment I met Kevin and his team, I knew this was the right fit and could not be more pleased and optimistic about the future.

Cetera’s Kansas City financial advisory pickups continues the firm’s network acquisition strategy helmed by its new chief executive Mike Durbin, who led the company’s onboarding of over 4,000 financial professionals last year. 

In January, the company announced the private equity firm Genstar Capital reinvested in Cetera. 

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