Cetera Financial Group Announces $200,000 Donation to the American Red Cross for Disaster Relief Efforts

LOS ANGELES, Oct. 9, 2017 /PRNewswire/ -- Cetera Financial Group ("Cetera")*, a leading network of independent firms empowering the delivery of professional financial advice to individuals and families, and to company retirement plans, today announced that a collective charitable donation of $200,000 has been given to the American Red Cross. Funds from Caring Cetera, a 501(c)(3) charitable organization, were used to match those donated by Cetera's employees, advisors and their employees. 

Additionally, an anonymous donor is matching donations to the American Red Cross of San Diego/Imperial Counties designated for Hurricane Irma relief, up to $1 million. Therefore, a portion of Caring Cetera's donation to the American Red Cross of San Diego/Imperial Counties will be doubled.

Caring Cetera is an advisor-initiated, registered 501(c)(3) that serves communities where Cetera conferences are held, aids persons living in communities affected by natural disasters, and extends timely resources to people affected by personal tragedy. To commemorate and celebrate the generous donation, a check presentation was held at Cetera's San Diego office on Wednesday, October 4. Cetera Financial Group CEO Robert J. Moore officially presented the donation to Charlene Zettel, Interim Regional CEO of the American Red Cross of San Diego/Imperial Counties.

Moore stated, "With the incomprehensible level of damage done by recent disasters, we sought to challenge all members of our organization to contribute to the wider relief efforts. Not surprisingly, they rose to the challenge and far surpassed the initial $50,000 goal we'd set, which is a testament to the commitment and character of the individuals who participated in the effort. In addition to the donations to the Red Cross, numerous advisors and staff in the impacted regions have given their time and resources in a variety of ways to help those in need. As a leader, it's truly an inspiration to witness the level of initiative and generosity exhibited by the Cetera family during this tragic time."

"The Red Cross is proud to work with Cetera Financial Group to assist those affected by the recent devastating hurricanes," said Zettel. "Over the past six weeks, in addition to operating shelters and working on long-term recovery plans, the Red Cross has served more than 6.1 million meals and snacks, and provided more than 2.8 million relief items to people in need. Financial donations enable the Red Cross to prepare for, respond to and help people recover from disasters. We truly appreciate Cetera Financial Group for all they are doing to provide this much needed relief."

About Cetera Financial Group^®
Cetera Financial Group ("Cetera") is a leading network of independent firms empowering the delivery of professional financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is the second-largest independent financial advisor network in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support and innovative technology. For more information, visit cetera.com.

* "Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors, Cetera Advisor Networks, Cetera Investment Services (marketed as Cetera Financial Institutions), Cetera Financial Specialists, First Allied Securities, Girard Securities, and Summit Brokerage Services. All firms are members FINRA/SIPC.

Cetera Media Contacts:

Joseph Kuo
Haven Tower Group
Tel: 424.652.6520 ext 101
[email protected]

Chris Clemens
Haven Tower Group
Tel: 424.652.6520 ext 102
[email protected]

SOURCE Cetera Financial Group