On January 22, 2026, Cetera Financial Group announced that it acquired Darnall Sikes Wealth Partners.
Cetera Financial Group (“Cetera”) announced, on January 22, 2026, that it acquired Darnall Sikes Wealth Partners (“Darnall Sikes”). Under the terms of the transaction, the Darnall Sikes team will join Avantax Planning Partners (“Avantax”) within Cetera’s RIA model. Further terms of the deal were not disclosed.
Cetera, based in San Diego, California, is an independent broker-dealer offering support to its network of independent retail firms, including registered investment advisors. Cetera firms have approximately $284 billion in assets under management.
Avantax, headquartered in Dubuque, Iowa, is a registered investment advisor providing financial planning and portfolio management services to individuals, institutions, and high-net-worth clients. The firm has approximately $6.9 billion in assets under management.
Darnall Sikes, based in Lafayette, Louisiana, is a registered investment advisor offering wealth management services. Darnall Sikes has approximately $1.9 billion in client assets.
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