Kestra Financial continues strong growth as 23 professionals add $1.3B AUM

Financial professionals with more than $1.3 billion assets under management have joined Kestra Financial in the second quarter, building on the wealth management platform’s strong start to the year.

With 23 new additions in the quarter, the firm had welcomed 49 since the start of the year with a combined AUM of $4.6 billion.

Daniel Schwamb, EVP of Business Development at Kestra Financial, says that the firm’s award-winning customer service and onboarding team, resources, and leadership team in its Austin, Texas home office, are attracting financial professionals.

“We anticipate sustained momentum in the second half of 2023, a true testament to our dedication to empowering the success of our financial professionals and providing the necessary resources to evolve, reinvent and innovate their businesses while enabling their growth and the ability to provide superior client service, he said.

New recruits

The new additions to Kestra during the second quarter were:

• Brent Arnold, Templar Financial Services
• Lawrance Johnson, Black Diamond Financial
• Jon Vinge, John “JD” Doney, Jacob Forschein, Be Financially Sound
• Paul Romo, Impact Financial Advisors
• Robert “Bob” McCullough, Inspired Wealth Planning*
• Chelsea Paddock, Paddwell Financial
• Monisha Potter, Financial Planning Alternatives
• Kate Medeiros, Morgan Smith, Torch Family Capital
• Vance Brown, Megan Caulfield, Coastline Wealth Management
• Mike Hill, Randy Fisher, Hill Wealth Management
• Jennifer San Fillippo, John Shalek, Lakeview Wealth Strategies
• Michael Love, Dillion Hakes, Guy Kosov, California Wealth Transitions*
• David Bayarena, Kaizen Wealth Planning*
• Michael Bow, Spartan Wealth Management
• Liza Firmin, Wayne Christian Financial Services
• (*) represents recruits who joined through Kestra Private Wealth Services.