Retirement Planning to Acquire Lee Financial


June 18, 2024

On June 5, 2024, The Retirement Planning Group announced an acquisition of Lee Financial Group Hawaii.

Cetera Holdings (“Cetera”) announced on June 5, 2024, that its wholly owned employee-based RIA, The Retirement Planning Group (“Retirement Planning”), acquired Lee Financial Group Hawaii (“Lee Financial”). Six employees will join Retirement Planning. Further terms of the transaction were not disclosed.

Cetera, based in San Diego, California, serves independent financial advisors, tax professionals, licensed administrators, large enterprises, as well as institutions, such as banks and credit unions. As of March 2024, Cetera had approximately $505 billion in assets under administration and $213 billion in assets under management.

Retirement Planning, based in Leawood, Kansas, is an SEC registered investment advisory firm. As of March 2024, Retirement Planning had approximately $2 billion in assets under management.

Lee Financial, based in Honolulu, Hawaii, delivers investment management and financial planning services to clients. As of March 2024, Lee had approximately $225 million in assets under management.

To read the press release: please click here.

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