SA Stone Recruits $200 Million Cetera Staff

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San Clemente, Calif.-based SB Wealth has left Cetera Advisor Networks to hitch SA Stone Wealth Administration, the previous Sterne Agee dealer/vendor that’s now a subsidiary of INTL FCStone. The workforce, led by Chief Funding Officer Jena Schuster, manages $200 million in consumer property.  

The advisory agency can have entry to INTL FCStone’s market intelligence platform and custody and clearing companies, which it launched to the market in November 2016.

Stifel Monetary introduced in summer season 2016 that it will shed the Sterne Agee enterprise, which included impartial brokerage, clearing and RIA companies, to INTL FCStone, a commodities and Foreign exchange dealer.

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