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:
Commonwealth Financial joins a number of firm that have recently cut jobs.
A slow drip of disclosures, an executive exit, and a stock that fell hard before the suit landed
New research finds unpaid caregivers are more likely to struggle with debt, lower savings and diminished retirement confidence than non-caregivers.
Large broker-dealers and registered investment advisors have, since 2020, been developing or sticking to strategies and tactics to combat the pain of intense, short-term market volatility
Centaurus Financial touts its independence as a key selling point at a time when many firms are being swallowed up.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
