Cetera Investment Advisers

Cetera Investment Advisers, a large RIA network platform, reports $94B in U.S. equity holdings across thousands of positions with a posture heavily weighted toward broad-market ETFs interleaved with outsized mega-cap stock picks. Top individual stock stakes include Apple ($691M), Nvidia ($606M), Microsoft ($439M), and Amazon ($337M)—a Silicon Valley cluster that sits within a predominantly passive wrapper of IVV, SPY, QQQ, and SPDR equity vehicles.