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Cetera Advisor Networks recruits Minn. advisory firm to platform

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