Cetera Financial Group, a network of independent broker-dealer firms, has entered into a strategic partnership with BOK Financial Corporation (BOK Financial) to offer expanded trust services to its affiliated financial advisors and support clients with multi-generational family planning.
This strategic partnership will provide objective trust solutions, while building legacy planning opportunities with the next generation of their clients emphasizing on the network’s overall wealth management strategy and long range integration plan.
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Through the partnership, BOK Financial will benefit Cetera with the service of over 130 trust administrative officers in nine US states with $50.4bn in assets under management and will serve clients throughout the country by working directly with Cetera-affiliated advisors.
Cetera Financial executive vice president of wealth management Steve Dunlap said: "We will begin by offering these capabilities to four of our network’s firms – Cetera Advisors, Cetera Advisor Networks, Cetera Financial Specialists and Cetera Financial Institutions.
"At the same time, we will actively explore how we can potentially add other industry-leading providers to this offering and extend these enhanced trust capabilities to all of the broker-dealer firms in the Cetera network."
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