Financial Services Inc., Cetera Financial Group Inc. and VSR Financial Services Inc., are modifying the way they sell specific alternative investments, including nontraded real estate investment trusts, by revising current policy or including no procedures and guidelines.

Pacific West has struck a deal with Cetera Financial Group over the transfer of many of its representatives and advisers to the latter’s subsidiary, Multi-Financial Securities Corp. The Financial Industry Regulatory Authority, however, must still approve this arrangement.