Cetera AdvisorNetworks LLC has recruited Baxter, Minn.-based Cornerstone Advisorsto its brokerage platform.
Cornerstone has eight employees and about $150 million in advisoryand brokerage assets as of July 20.
The firm will use Cetera's AdvisorNet Financial services forcompliance management and other back-office needs.
Cetera Advisor Networks is a member of Cetera Financial Group,which also includes Cetera AdvisorsLLC, Cetera InvestmentServices LLC and CeteraFinancial Specialists LLC. The group's holding company is