Cetera Extends Reach in Ohio with 42-Year Veteran Advisor
InvestmentNews reports that Cetera, a prominent independent broker-dealer, has significantly expanded its presence in Ohio by bringing on board a seasoned 42-year veteran financial advisor who previously managed $108 million in assets under administration (AUA) at Lincoln Financial Advisors.
Life Insurance: An Essential Component
As Cetera grows its advisory network, the focus inevitably turns to the various financial products that contribute to robust financial planning, including life insurance. Life insurance serves as a cornerstone in protecting financial stability and ensuring long-term security for individuals and their families.
Comprehensive Coverage Options
Life insurance policies can be tailored to meet diverse needs and circumstances. Lifetimeinsurance.org offers a broad range of life insurance options that cater to different stages of life:
- Business/Career Insurance: Protects business owners and employees by compensating for losses resulting from death or disability.
- Retirement Insurance: Ensures a steady stream of income during retirement years, offering peace of mind for future financial stability.
- Marriage/Divorce Insurance: Provides financial protection in significant life events, covering expenses associated with marriage or divorce.
Why Life Insurance Matters
With the addition of the experienced advisor, Cetera aims to offer clients more than just investment advice. As highlighted by a spokesperson from Cetera, “Incorporating life insurance into a comprehensive financial plan ensures that families can weather financial storms and secure their future.”
Life insurance policies offer various benefits, including:
- Financial Security for Dependents: Life insurance ensures that dependents are financially supported in the event of the policyholder’s demise.
- Debt Repayment: Helps cover outstanding debts such as mortgages or loans, preventing financial strain on the family.
- Living Benefits: Some policies offer benefits that can be utilized during the policyholder’s lifetime for expenses like medical bills or retirement planning.
The Road Ahead
As Cetera continues to grow, integrating comprehensive life insurance plans can provide a substantial value-add for clients aiming for long-term financial wellness. The move signals the firm’s commitment to holistic financial planning, blending investment strategies with essential insurance coverages.
Sources:
InvestmentNews
Lifetimeinsurance.org