Donald
Petersen

Cetera Advisor Networks LLC

CRD#1030895
Investment Advisor
in Los Angeles, CA
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About this Advisor

Donald Petersen is a certified financial planner who is based in Los Angeles, California. Currently a registered advisor at Cetera Advisor Networks LLC, Petersen has a notable 35 years of practice in the financial advisory industry. Petersen maintains a Series 63 license, qualifying the advisor as a securities representative. Petersen can act as an advisor in California and Utah. During their career, Petersen has held roles at Cetera Advisor Networks LLC and Financial Network Investment Corporation. Cetera Advisor Networks LLC is headquartered in Los Angeles, California, and operates out of 850 other locations throughout the country. In aggregate, Cetera Advisor Networks LLC manages $21 billion in assets across 75,665 client accounts and employs more than 1,890 people. The level of assets currently under the firm's management places it among the largest financial advisory firms in the nation. The firm manages 59,013 accounts on a discretionary basis, in which the advisor makes investment decisions at their discretion. Currently 25% of the firm's customers are high-net-worth individuals, meaning they have greater than $1 million in capital. Cetera Advisor Networks LLC provides financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers and educational seminars. The firm's fees may include asset-based, hourly, fixed and commission-based fees.

Certifications and Registrations

Series 63, Certified Financial Planner

Years of Experience

35 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Pension consulting services, Selection of other advisers, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Commissions

Disclosures

No

Office Location

3807 Wilshire Blvd Ste 1040
Los Angeles, CA 90010

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Cetera Advisor Networks LLC Brokerage Details

Total Assets Under Management

$20,515,461,972

CA Average: $7,578,581,321
Total Number of Employees

1,890

CA Average: 43
Total Number of Accounts

75,665

CA Average: 3,727
Average Account Size

$271,135

CA Average: $2,033,427

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Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Pension consulting services
  • Selection of other advisers
  • Educational seminars/workshops

Donald Petersen Work History

Donald has 35 years of experience.

2013 - Present (6 years)

Cetera Advisor Networks LLC

1983 - 2012 (29 years)

Financial Network Investment Corporation

Disclosures

Donald Petersen has no disclosures.

Please visit their SEC profile for more details.

This content was compiled from the SEC and FINRA.

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