From Pulse 2.0 · Amit Chowdhry · · 50s
Cetera Buys SFI Group for $200m
Cetera Financial Group acquires Minneapolis wealth firm SFI Group, keeping clients and staff while expanding Minnesota presence.
In brief
Cetera Financial Group acquires Minneapolis wealth firm SFI Group, keeping clients and staff while expanding Minnesota presence. Cetera Financial Group acquired The SFI Group, a $200m Minneapolis wealth management firm, to maintain client relationships and establish a Minnesota office. Originally reported by Pulse 2.0.
Cetera Acquires SFI Group
Cetera Financial Group acquires The SFI Group, a Minneapolis-based wealth management practice overseeing $200 million in assets.
Sonnenfeld Joins Cetera Planning Partners
Founder Terry Sonnenfeld and his wife Tracy join Cetera Planning Partners with two support professionals.
SFI Group Continues Operations
The SFI Group’s Minneapolis office remains open during transition to Cetera Planning Partners.
Client Continuity Focus
Sonnenfeld has built relationships with families spanning three generations since 1992.
Cetera Expansion in Minnesota
Cetera Planning Partners gains a physical presence in Minnesota for wealth management clients.
What to remember
Cetera Financial Group acquired The SFI Group, a $200m Minneapolis wealth management firm, to maintain client relationships and establish a Minnesota office.
