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two people shaking hands over financial deal. Source: Shutterstock.

Cetera Financial Group has picked up six Texas banks and a financial advisor from LPL Financial as part of a recruitment deal announced by Cetera on Thursday.

As part of the deal, holding company Industry Bancshares has joined Cetera’s financial institutions community. Industry Bancshares comprises six different local bank charters with more than 27 offices located in rural communities throughout Texas, Cetera said. The community banks support almost $6 billion in deposit assets and $46 million in assets under management, according to Cetera.

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