Three advisory practices managing more than $560 million in client assets have joined El Segundo, Calif.-based Cetera Advisor Networks, whose parent company Cetera Financial Group added a record $3.6 billion in assets under management in the second quarter.

Cetera’s three latest affiliating practices are led by advisors Nuno Pereira, Jim Lohnes and Brenton Schmidt. Pereira and Lohnes were formly with PlanMember Securities, while Schmidt was formerly with LPL Financial.

Managing nearly $340 million in client assets, Pereira is based in Mount Olive, N.J., and specializes in serving multiple generations of union workers. 

“After carefully evaluating options for a new firm affiliation, I’m pleased to join Cetera Advisor Networks,” Pereira, who was raised in a union family, said in a news release. “The impressive platform and leading tools and technology offerings will help me better serve my clients for the long term. I look forward to elevating my business and serving my union clients more holistically thanks to Cetera’s dedicated support, committed team and valuable resources.” 

Operating as Lohnes Wealth Management in Bradenton, Fla., Lohnes oversees $120 million for telephone and utility union members who are either preparing for retirement or already retired. 

Based in Delano, Minn., Schmidt manages nearly $100 million in assets and provides financial planning and wealth management services.

“As financial professionals evaluate their firm affiliation, we believe Cetera will continue to rise to the top of advisors’ consideration set and attract the industry’s best financial professionals who are seeking a fresh start ​to more effectively serve their clients and grow their enterprise value,” John Pierce, head of business development for Cetera, said in a prepared statement 

Founded in 2010, as of December 31, 2021, Cetera Financial Group reported overseeing about $353 billion in assets under administration and $122 billion in assets under management.