MAGIS: Cetera Buys $490M BD, RIA in Philadelphia | News Break

Cetera Financial Group acquired Magis Financial Partners, a Philadelphia-based broker-dealer with more than $490 million in assets under management. Magis operates a separate RIA that will transition to Cetera. Through the transaction, Magis, which had already been leveraging the Cetera platform for the BD portion of its business, will now...