Palmetto Investment Consultants Joins Cetera's Summit Financial Networks with $305M in AUA
Cetera has welcomed John Sloop, John Black III, and their team from Palmetto Investment Consultants, who oversee approximately $305 million in assets under advisement (AUA). The financial advisors transitioned from LPL to Cetera's Summit Financial Networks community due to its boutique service model and access to growth resources. Based in Rock Hill, South Carolina, the firm focuses on retirement income planning for long-tenured clients. Sloop previously worked with Cetera earlier in his career and returned seeking a more responsive partner. The team values an education-first approach, emphasizing client understanding over product sales. They also benefit from Cetera's Growth360 business-planning tools and the Regional Growth Team model for personalized support. Morgan Hinchen and Allison Grier highlighted that Summit’s streamlined operations allow them to scale their services without compromising their small-office culture. Cetera welcomed the team as a strategic addition, citing their experience in retirement planning and client-centric approach. The move is expected to enhance Cetera's advisor network while supporting Palmetto Investment Consultants' growth objectives.
Topics: advisor transition Cetera independent advisory firms LPL Financial