Cetera Closes Avantax Acquisition, Adds $82 Billion In Assets

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Cetera Holdings said it closed its acquisition of Avantax, after shareholders of the tax-focused wealth manager voted Wednesday to approve Avantax’s sale to Cetera’s parent company.

The deal adds more advisors and assets to Cetera while also expanding its tax-focused wealth management offering for investors.

In an SEC filing on Nov. 21, Avantax…

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