Cetera Financial Institutions has hired Kyle Hallman as senior regional vice president of business development. Based in Birmingham, Ala., Hallman will oversee the recruitment of bank and credit union-based investment programs to the organization’s platform in the eastern part of the U.S.

Most recently, Hallman worked as an advisor with NBC Securities. He also served as a regional director for Raymond James, where he oversaw financial institution business development and managed relationships. He began his career at Synovus Securities.

Cetera Financial Institutions and Cetera Investment Advisers LLC are members of Cetera Financial Group, the retail advice platform of RCS Capital Corporation, which provides wealth management and advisory platforms and innovative technology to over 9,700 independent financial advisors nationwide.

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