Cetera Financial Group, a network of independent broker-dealer firms, has appointed Thomas Taylor to the position of President of Cetera Advisor Networks, one of its member firms.
Taylor, currently Senior Vice President and Chief Operating Officer of Cetera Advisor Networks, will replace Douglas King as President with immediate effect.
Cetera Advisor Networks is an independent broker-dealer specialising in supporting high-performance teams of independent financial advisors which offer local support and guidance to their affiliated advisors, while facilitating opportunities to share best practices and business opportunities.
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Robert Moore, Chief Executive Officer of Cetera Financial Group, said: “I am very pleased to announce the appointment of Tom Taylor as the new head of Cetera Advisor Networks. I am confident that Tom’s extensive familiarity with the firm’s culture, coupled with his business expertise, will enable him to continue to drive enormous success at Networks through the delivery of exceptional support for years to come.”
Taylor who brings with him over 26 years of financial industry experience, joined Cetera Advisor Networks in 1997 and worked across a series of management roles, becoming Chief Operating Officer of the firm in 2006.
During his tenure, he has been instrumental in developing many of the company’s new operational, technological and sales initiatives. Before joining Cetera Advisor Networks, Taylor spent five years at Liberty Securities Corp/IFMG.
“I’m honored to have the opportunity to work with the field leaders of Cetera Advisor Networks, and I’m enthusiastic about helping move the firm forward at a time of such change and opportunity in our industry,” Taylor added.