Cetera nabs Marquette Bank’s $382 million program from Invest
Chicago bank has 12 brokers at 21 metropolitan locations.
The retail wealth management business of Chicago-based Marquette Bank, which manages $382 million in retail client assets, has switched its affiliation from Invest Financial to the financial institutions group of Cetera.
Through the change in providers, Marquette intends to offer “a more holistic approach to its client base” that will encompass financial planning, advisory services and insurance solutions, Carol Steele, a first vice president at the bank, said in a statement.
The bank’s program was established in 1999, according to a release from Cetera.
Invest Financial was a broker-dealer of National Planning Holdings, which was acquired last August by LPL Financial.
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