Kestra Holdings, the Austin, Texas-based parent of several broker-dealers and registered investment advisory firms, has hired Kara Murphy as chief investment officer. She will lead a new division, Kestra Investment Management.
Murphy most recently served as chief investment officer and managing director at Goldman Sachs Personal Financial Management, the successor to United Capital Financial Advisors. Previously, she was chief investment officer at AIG Funds.
In her new role, Murphy will provide investment expertise and oversee the customized portfolio management consulting services offered to Kestra Holdings companies, including Kestra Financial, Grove Point Financial, Bluespring Wealth Partners and Arden Trust Co.
The team she is charged with building “will provide support on asset allocation, portfolio construction, and market trends in addition to providing a broad range of investment solutions,” the company said in a release.
RIAs need to find universities that offer financial planning programs and sponsor or host events, advisor suggests.
The leading wealth tech provider is helping more advisors access active ETF models through its exclusive partnership.
Case of once-wealthy family highlights risks, raises questions on firms' duties to sophisticated investors suffering cognitive decline.
“The evidence in this case was overwhelming,” says an attorney.
The move marks the culmination of a decade-long journey for the new leader at the Ohio-based RIA and Natixis affiliate firm.
Uncover the key initiatives behind Destiny Wealth Partners’ success and how it became one of the fastest growing fee-only RIAs.
Key insights from Gabriel Garcia on adapting to demographic shifts and enhancing client experience in a changing market
