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Thomas Riester

40 Years of Experience
Saint Paul, MN
BrokerSells Insurance

Thomas Riester is a registered investment advisor at Cetera Investment Advisers LLC, based in Saint Paul, MN, with 40 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10345 advisors
IM Fee
Planning only
Assets Under Management
$163.8B
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Location

3264 Rice St, Saint Paul, MN, 55126

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Other Business ActivitiesSells Insurance

Thomas sells fixed insurance products including life, health, disability, annuities, long-term care, and property and casualty insurance. He also owns On Trac Financial Corp and spends about half his time on these activities.

Employment History
Current Registrations
Cetera Investment Advisers LLC
June 2023 - Present · 2 yrs 11 mos
Cetera Wealth Services, LLCBroker
July 1996 - Present · 29 yrs 10 mos
Previous Registrations
Cetera Advisor Networks LLC
January 2014 - June 2023 · 9 yrs 5 mos
1717 Capital Management CompanyBroker
December 1994 - July 1996 · 1 yr 7 mos
Fortis Investors, INC.Broker
May 1991 - December 1994 · 3 yrs 7 mos
First American National Securities, INC.Broker
November 1985 - March 1991 · 5 yrs 4 mos
State Registrations11 states
AZCAFLIAMNMONDNVOKORWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.