Cetera Financial Group Continues Strategic Expansion of Leading Edge Retirement Plan Services Platform through Partnership with Envestnet

Envestnet | Retirement Solutions' Integrated Practice Management and Fiduciary Services Platform to Support Growth of Retirement Plan-Focused Advisors Affiliated with Cetera Network of Broker-Dealers

LOS ANGELES, Feb. 17, 2015 -- Cetera Financial Group (Cetera), a leading network of independent broker-dealer firms, today announced a new strategic partnership with Envestnet | Retirement Solutions (ERS). Through this new strategic partnership, Cetera Financial Group will offer ERS's leading practice management platform to advisors across its network of broker-dealers who provide retirement plan advice. Cetera Financial Group is the retail financial advice platform of RCS Capital Corporation (NYSE: RCAP), a full-service investment firm expressly focused on the individual retail investor.

R. Lawrence "Larry" Roth, Chief Executive Officer of Cetera Financial Group, commented, "We believe the evolving regulatory environment and fiduciary standards applicable to the retirement plan space make it imperative to invest in robust technology and practice management support tools for advisors seeking to grow their businesses. We expect that our partnership with ERS will enable us to provide industry-leading investment solutions to help advisors manage their retirement plan practices."

Jon Anderson, Director of Retirement Plan Services at Cetera Financial Group, commented, "ERS's practice management solution will allow our advisors to log onto an integrated system where their entire retirement plan business will be available through an interactive dashboard. From this intuitive starting point, they can easily run retirement plan provider requests for proposals (RFPs), create a custom investment policy statement (IPS) for a retirement plan, research plan investment options, generate investment advice, and create fee benchmarking reports, among other key functions retirement plan advisors need to build a leading business in this space."

Babu Sivadasan, Group President, ERS, commented, "Coupled with its integrated record-keeper and third party manager relationships, ERS will empower Cetera's advisors with scalable, customizable practice management technology to facilitate Cetera's ability to provide retirement plan fiduciary services that help enhance the outcomes for both plans and participants. Our partnership with Cetera demonstrates a shared vision of enhancing the retirement business in which integrated technology can help enable advisors to further grow their retirement practices, while providing staff at the broker-dealer level with improved compliance and supervision capabilities."

About Cetera Financial Group
Cetera Financial Group is the retail investment advice platform of RCS Capital Corporation (NYSE: RCAP). It is comprised of nine firms – four legacy Cetera-branded firms (Cetera Advisors, Cetera Advisor Networks, Cetera Investment Services, marketed as Cetera Financial Institutions, and Cetera Financial Specialists) along with First Allied Securities, Investors Capital, J.P. Turner and Company, The Legend Group and Summit Brokerage. The platform is the second largest independent financial advisor network in the nation by number of advisors, as well as a leading provider of retail services to the investment programs of banks and credit unions. Cetera Financial Group delivers award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, and innovative technology to over 9,000 independent financial professionals and approximately 500 financial institutions nationwide. Through its distinct firms, Cetera Financial Group offers the benefits of a large, established and well-capitalized broker-dealer and registered investment adviser, while serving independent and institutions-based financial advisors in a way that is customized to their unique needs and aspirations. Cetera Financial Group is committed to helping advisors grow their businesses and strengthen their relationships with clients. For more information, visit www.ceterafinancialgroup.com.

About Envestnet | Retirement Solutions
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective and fully-aligned standard of care, and empowers advisors to deliver better outcomes. Envestnet | Retirement Solutions (ERS), a subsidiary of Envestnet, Inc. provides retirement advisors with an integrated platform that combines one of the industry's leading practice management technology, research and due diligence, data aggregation, compliance tools and intelligent managed account solutions. ERS leverages Envestnet's advanced capabilities and resources, along with its experience in investment research, portfolio construction and investment management, to meet the specialized needs of each retirement plan stakeholder, from plan participants to sponsors, advisors to home offices and record keepers to DCIOs. For more information on Envestnet Retirement Solutions, please visit www.envestnet.com.

About RCS Capital
RCS Capital Corporation (NYSE: RCAP) is a full-service investment firm expressly focused on the individual retail investor. With operating subsidiaries including retail advice services, wholesale distribution, investment banking, capital markets, investment research, investment management and crowdfunding, RCS Capital's business is designed to capitalize, support, grow and maximize value for the investment programs it distributes and the independent advisors and clients it serves. Additional information about RCS Capital can be found on its website at www.rcscapital.com. RCS Capital may disseminate information about itself, including the results of its operations and financial information, via social media platforms such as Facebook, LinkedIn and Twitter.

Important Notice
The statements in this press release include statements regarding the intent, belief or current expectations of Cetera Financial Group and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should," "look forward" or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements due to certain factors. Additional factors that may affect future results are contained in RCS Capital's filings with the SEC, which are available at the SEC's website at www.sec.gov. Further, forward-looking statements speak only as of the date they are made, and neither Cetera Financial Group nor RCS Capital undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

Cetera Financial Group Media Contact:
Matthew Griffes
Haven Tower Group
Tel: 206.402.5853

Envestnet Media Contact:
Laura Simpson
Tel: 973.850.7319

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