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.
The new additions to Kestra during the second quarter were:
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
New director David Woodcock puts firms on notice over fees, conflicts, and liquidity risk as private credit shows signs of stress.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
