Cetera’s Summit Network Adds Ex-Commonwealth Adviser With $170M in AUA

Longtime independent financial adviser Jamie Hatfield and his firm, Jamie L. Hatfield Wealth Management, have joined Cetera’s Summit Financial Networks. Based in Northern Kentucky, Hatfield oversees approximately $170 million in assets under administration, and comes to Cetera from Commonwealth Financial Network, where he had been affiliated for 13 years.

Hatfield’s team includes financial adviser Ty Sauer and two wealth management assistants, Jennifer Goodridge and Meg Brinker. The team members have known each other for decades, and Hatfield said the team’s familiarity enables them to deliver highly personalized, relationship-driven wealth management.

Hatfield said he decided to join Cetera because he wanted a financial services partner that could support his firm’s personalized service model while providing the technology, other resources, and responsiveness his clients expect.

“I’ve always viewed my practice as mom-and-pop while at the same time being state-of-the-art,” Hatfield said. “My clients want a white-glove experience where they feel listened to, comfortable, and genuinely cared for. When I spoke with Cetera and Summit, I felt that same philosophy on the other end of the phone. Summit’s people knew me, knew my business, and asked, ‘What do you need?’ That mattered a lot to me.”

With 35 years in the industry, Hatfield has built his practice by focusing on long-term relationships rather than transactions. His client base includes the typical “millionaire next door” – people who value trust, consistency, and thoughtful guidance over flash or complexity. Hatfield and his team provide comprehensive wealth management, including retirement and financial planning, and pride themselves on being a first call for clients whenever questions arise.

“We don’t want clients calling an 800 number or being passed off to someone who doesn’t know them. You can be state-of-the-art without being impersonal, and that’s the balance I found with Cetera,” Hatfield said. “Whether it’s a planning question or help navigating technology, we walk with them through it. That’s the business I’ve built, and it’s the business I intend to keep building.”

Hatfield said he was attracted to the combination of Cetera and Summit because together they combine independence, scale, and high levels of service. While he believes strong broker-dealers share similar capabilities, Hatfield said Cetera and Summit stood out in how consistently they mirror the service standards he set for his own clients.

“Jamie runs a terrific business built on putting clients first in everything he does, so he and his team will fit in well with us,” said Todd Mackay, president of Cetera Wealth Management. “We’re excited for Jamie to have a boutique relationship with Summit like he had at Commonwealth, which I know was important to him, all while being able to leverage all the size, scale and capabilities that Cetera offers to its advisers.”

LPL Financial completed the acquisition of Commonwealth Financial Network in August 2025 for roughly $2.7 billion in cash. Shortly after initial news broke of the proposed sale, Cetera’s Mackay was one of the competitors that aggressively courted Commonwealth advisers.

Cetera Financial Group, owned by Cetera Holdings, encompasses Cetera Investment Advisers LLC, a registered investment adviser, and the following FINRA/SIPC members: Cetera Wealth Services, Cetera Advisors LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC.

Cetera Holdings is home to approximately 12,000 financial professionals and their teams. It oversaw approximately $625 billion in assets under administration and $284 billion in assets under management as of Sept. 30, 2025. Earlier this month, Cetera completed the acquisition of Darnall Sikes Wealth Partners. Darnall Sikes is a wealth management firm that serves high-net-worth individuals, business owners, and their families, and brings approximately $1.9 billion to Cetera’s registered investment adviser model.

Click here to visit the AltsWire directory page.