James Lee Sanderson

Employer firm

Cetera Investment Advisers LLC CRD 105644

$257B regulatory AUM 24,019 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers
• Educational seminars

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 12/1998 → 10/2019
  1St Global Capital Corp.
  San Angelo, TX
• 02/2008 → 10/2019
  1St Global Advisors, Inc.
  San Angelo, TX
• 10/2019 → 09/2025
  Avantax Advisory Services
  San Angelo, TX
• 10/2019 → 09/2025
  Avantax Investment Services, Inc.
  San Angelo, TX
• 07/1995 → Present
  Armstrong, Backus & Co., Llp
  San Angelo, TX
• 09/2025 → Present
  Cetera Wealth Services, Llc
  San Angelo, TX
• 09/2025 → Present
  Cetera Investment Advisers Llc
  Schaumburg, IL

Previous Registrations

• 2019-10-25 → 2025-09-05
  Avantax Advisory Services
  Dallas, TX
  Blackwell, TX
• 2008-03-03 → 2019-10-25
  1St Global Advisors Inc
  San Angelo, TX

Other Businesses

1) TRUSTEE FOR L.H. AND L.H. 2011 TRUST POSITION: TRUSTEE NATURE: TRUST INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 04/20/2011 ADDRESS: San Angelo TX , United States DESCRIPTION: Trustee 2) BOARD OF DIRECTORS - BLACKWELL CONSOLIDATED EDUCATION FOUNDATION POSITION: Director - Vice-president NATURE: Education foundation to provide scholarships for the students of Blackwell CISD. INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 01/01/2010 DESCRIPTION: Board member. 3) BETA ALPHA ZETA, INC POSITION: DIRECTOR NATURE: MOVING COMPANY INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 01/01/1996 ADDRESS: San Angelo TX 76906, United States DESCRIPTION: Provide business advice on business as needed. 4) ARMSTRONG, BACKUS & CO.,PC POSITION: SHAREHOLDER NATURE: FINANCIAL SERVICES INVESTMENT RELATED: Yes NUMBER OF HOURS: 25 SECURITIES TRADING HOURS: 25 START DATE: 07/01/1994 ADDRESS: San Angelo TX 76903, United States DESCRIPTION: Financial advisor. 5) SANDERSON OAK CREEK RANCH LLC POSITION: MANAGER NATURE: FARM/RANCH INVESTMENT RELATED: No NUMBER OF HOURS: 50 SECURITIES TRADING HOURS: 1 START DATE: 01/01/2011 ADDRESS: Blackwell TX 79506, United States DESCRIPTION: Manager 6) JAMES L. SANDERSON (RANCHING) POSITION: OWNER NATURE: RANCHNG INVESTMENT RELATED: No NUMBER OF HOURS: 30 SECURITIES TRADING HOURS: 0 START DATE: 01/01/1985 ADDRESS: Blackwell TX , United States DESCRIPTION: Ranching 7) SANDERSON FAMILY PROPERTIES LTD POSITION: Manager of General Partner NATURE: Owns family properties. INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 0 START DATE: 05/24/2016 DESCRIPTION: Manager of general partner. 8) ARMSTRONG, BACKUS & CO., LLP POSITION: Partner NATURE: CPA Firm INVESTMENT RELATED: No NUMBER OF HOURS: 250 SECURITIES TRADING HOURS: 100 START DATE: 07/01/1995 ADDRESS: 515 W. Harris, Suite 200, San Angelo TX 76903, United States DESCRIPTION: Managing Partner Tax Partner 9) BLACKWELL CEMETERY ASSOCIATION POSITION: Director NATURE: nonprofit cemetery INVESTMENT RELATED: No NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 1 START DATE: 11/30/2021 ADDRESS: P.O. Box 264, Blackwell TX 79506, United States DESCRIPTION: Attend meetings & sign checks 10) SANDERSON FAMILY MANAGEMENT LLC POSITION: Manager NATURE: family management, inactive LLC INVESTMENT RELATED: No NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 11/30/2021 ADDRESS: P.O. Box 466, Suite 200, Blackwell TX 79506, United States DESCRIPTION: management, inactive LLC 11)Board of Directors - Nolan County Livestock Show Association; Board Member - Vice President; Stock show association.; NIR; 0; 01/01/2006; Board member and officer.

Exams

• S66 Uniform Combined State Law Examination
  2008-02-21
• S63 Uniform Securities Agent State Law Examination
  1999-02-15