WisdomTree and Cetera Financial Group Enter into ETF Program Agreement
July 24 2018 - 9:00AM
WisdomTree Investments, Inc. (NASDAQ:WETF), an exchange-traded fund
(“ETF”) and exchange-traded product (“ETP”) sponsor and asset
manager, has entered into an agreement with Cetera Financial Group®
(“Cetera”), the second largest independent financial advisor
network in the nation, in which WisdomTree ETFs will be made
available on Cetera’s no-transaction fee product platform.
WisdomTree will provide Cetera’s network of firms with ongoing ETF
education and support.
“WisdomTree is thrilled to collaborate with Cetera. In addition
to making WisdomTree ETFs available as part of Cetera’s
no-transaction fee platform, we are also looking forward to
delivering our award-winning* Advisor Solutions program to
financial advisors using the Cetera platform,” said Kurt MacAlpine,
WisdomTree Executive Vice President and Global Head of
Distribution.
Sheila Woelfel, Cetera’s Head of Portfolio Solutions, added, “We
are really excited about our new relationship with WisdomTree.
Their differentiated solutions are well-aligned with our strategic
imperative of ensuring a broad offering and providing our advisors
with an end-to-end Advice Centric Experience for their clients. We
think this is a great opportunity for clients and advisors.”
Cetera’s network of independent broker-dealers will be able to
access WisdomTree’s diverse line-up of ETF products with no
transaction fees, effective today. Certain requirements and
conditions apply in order for no transaction fees to be assessed by
Cetera as part of the ETF program.
*WisdomTree’s Advisor Solutions program was named Fund
Innovation of the Year at the 2018 Mutual Fund Industry Awards.
About WisdomTree
WisdomTree Investments, Inc., through its subsidiaries in the
U.S., Europe, Japan and Canada (collectively, “WisdomTree”), is an
exchange-traded fund (“ETF”) and exchange-traded product (“ETP”)
sponsor and asset manager headquartered in New York.
WisdomTree offers products covering equities, fixed income,
currencies, commodities and alternative strategies.
WisdomTree currently has approximately $60.0 billion in assets
under management globally.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
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 service provider 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 and Summit Brokerage Services.
All firms are members FINRA / SIPC.
Cetera receives remuneration from WisdomTree in relation to the
ETF program for administrative and other services. Cetera and
WisdomTree are separate and unaffiliated and are not responsible
for each other's policies or services.
Contact Information:
Media RelationsWisdomTree Investments, Inc. Jessica Zaloom /
Kylie Scott+1.917.267.3735 / +1.917.267.3860jzaloom@wisdomtree.com
/ kscott@wisdomtree.com
Investor RelationsWisdomTree Investments, Inc. Jason Weyeneth,
CFA+1.917.267.3858jweyeneth@wisdomtree.com
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