# Cetera Buys SFI Group for $200m

> Cetera Financial Group acquires Minneapolis wealth firm SFI Group, keeping clients and staff while expanding Minnesota presence.
- Title: Cetera Buys SFI Group for $200m · Pulse 2.0 | Shortify
- Summary: Cetera Financial Group acquires Minneapolis wealth firm SFI Group, keeping clients and staff while expanding Minnesota presence.
- Keywords: cetera financial group, sfi group, minneapolis, wealth management, advisory services, asset management, Pulse 2.0
- Source: Pulse 2.0 — https://pulse2.com/cetera-acquires-200-million-firm-the-sfi-group-expanding-advisory-presence-in-minnesota
- Author: Amit Chowdhry
- Published: 2026-11-07T21:19:44+00:00
- Read time: 1 min
- Topics: cetera financial group, sfi group, minneapolis, wealth management, advisory services, asset management, startups, business
## 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.
## Key takeaway

Cetera Financial Group acquired The SFI Group, a $200m Minneapolis wealth management firm, to maintain client relationships and establish a Minnesota office.