CEO of Cetera, Robert J. Moore, Announces Departure

Posted Wed, Mar 20th, 2019

Exceptional Risk Advisors Lloyds of London Coverholder

CEO of Cetera, Robert J. Moore, Announces Departure

It was announced last month that Cetera Financial Group's CEO, Robert J. Moore, will step down as its leader due to health reasons. The 57 year old executive, who joined the firm in September 2016, will be replaced by an interim CEO, Ben Brigeman. This news comes roughly 6 months after Genstar Capital agreed to purchase Cetera for $1.7 billion.

Read the full story here.

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Key Person Disability Insurance

Robert J. Moore's story is a fresh reminder to advisors when writing key person life insurance to include key person disability to establish a comprehensive succession plan for your clients. Statistics show that a 45-year-old executive is three times more likely to suffer a disability lasting longer than 90 days than he/she is to die before the age of 65.

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