Kestra Financial Closes Out 2022 With $8.5 Billion in New Recruitment Assets
Kestra Financial, an industry-leading wealth management platform, today announced strong growth in 2022.
The firm welcomed 80 financial professionals and recorded $8.5 billion in new recruitment assets from January through December 2022.
"We experienced tremendous success recruiting financial professionals because they recognize the value of wealth management solutions, technology, and people in the Kestra ecosystem that enable their success and ability to scale their practices," said Daniel Schwamb, Executive Vice President of Business Development at Kestra Financial. "Our staff fully returned to the home office in Austin in 2022, allowing recruits to meet and interact with our team in person during the selection process. With our workforce back together, financial professionals can see and feel our service-focused office culture firsthand."
2022 additions include:
"Kestra strategically partners with financial professionals and provides the necessary resources enabling them to act in their clients' best interests," said Stephen Langlois, President of Kestra Financial. "We deeply value our financial professionals as clients and independent business owners; we are privileged to support them and their firms. Looking ahead, we are poised for robust growth in 2023 as we continue to welcome more growth and client-oriented financial professionals to our platform."
Financial professionals joining Kestra Financial and Kestra Private Wealth Services in 2022 also cited Kestra's size as a reason for joining the network, as the firm is large enough to offer resources comparable to larger firms, yet small enough to offer personalized attention tailored to support individual practice goals.
Financial professionals have the option of operating an independent practice through either Kestra Financial or Kestra Private Wealth Services, a registered investment adviser subsidiary of Kestra Financial that provides a full-service offering including assistance with real estate, equipment, and technology.
To learn more about how Kestra Financial empowers success for wealth management professionals, visit www.kestrafinancial.com or call 1-800-508-SOAR.
About Kestra Financial
Kestra Financial, a division of Kestra Holdings encompassing the Kestra-branded broker-dealer and investment advisers, provides a leading independent wealth management platform that empowers sophisticated, independent financial professionals, including traditional and hybrid RIAs, to prosper, grow, and support the best interest of their clients. With a culture rich in reinvention, Kestra Financial has developed integrated business management technology that, combined with its personalized consulting services, offers exceptional scale and efficiency.
Headquartered in the "Silicon Hills" of Austin, Texas, Kestra Financial offers an experience as unique as the city in which it operates. The firm supports more than 1,700 independent financial professionals in delivering comprehensive securities and investment advisory services to their clients.
The Kestra Financial division includes Kestra Private Wealth Services, LLC (Kestra PWS), Kestra Advisory Services, LLC (Kestra AS) and Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Securities offered through registered representatives of Kestra IS. Investment advisory services offered through appropriately licensed representatives of Kestra AS or Kestra PWS. Except for the referenced Kestra companies, Kestra IS, Kestra AS, or Kestra PWS are not affiliated with other entities referenced in this publication.
For more information about Kestra Financial, please visit www.kestrafinancial.com.
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