Cetera recruits three-decade veteran from Triad

Cetera has just deepened its bench of talent by drafting a seasoned advisor to its ranks.

Don McDonald, who’s built his career on a foundation of client-centric financial planning and investment advice, is joining the ranks of advisors at Cetera Financial Specialists.

With its latest recruit, the wealth firm has enlisted a veteran with nearly 30 years of industry experience.

"I've based my almost three-decades-long career in this industry on a commitment to helping my clients enjoy the financial futures they deserve," McDonald, whose practice is based in Rome, Georgia, said in a statement.

“I've already been impressed with the community's helpful network as well as the broader resources available through Cetera,” he said. “I look forward to experiencing the difference both make for my practice and my clients for years to come.”

Prior to joining Cetera, McDonald was at Triad Advisors, where he was responsible for more than $120 million in assets under administration as of December 1.

In December, two advisor teams left Triad Advisors for greener pastures. Peachtree Wealth Advisors and RBG Capital moved over to Atlanta-based Arkadios Capital, taking more than $600 million in client assets with them.

McDonald’s BrokerCheck profile shows a lengthy resume going back to 1994, when he started at Royal Alliance. He’s been employed at six firms, including LPL Financial, H&R Block Financial Advisors and Merrill Lynch Pierce Fenner & Smith. In 2008, he founded McDonald Wealth Management, where he currently serves as president.

“We are happy to welcome Don to this community of talented professionals,” Ron Kreuger, president of Cetera Financial Specialists, said in the statement.

“At Cetera Financial Specialists, we pride ourselves on being the leading growth consultant for professionals and their practices – and we look forward to seeing how Don's thriving practice continues to grow under our unique model,” Kreuger said.

The news from Cetera comes shortly after another announcement last week, in which Cetera Wealth Management revealed it had recruited the Rosso Financial Group – a five-advisor team based in New Jersey, who boast more than 80 years of combined industry experience – from Newbridge.