Articles from Kestra Holdings

Kestra Holdings, a leading wealth management company serving independent financial professionals and firms nationwide, today announced the development of a new client portal experience for its affiliated advisors. Called the Kestra Investor Solution, the new performance reporting and client portal experience will come with elevated levels of technology and service support for advisors and their end-investor clients.

Kestra Holdings, a leading wealth management company serving independent financial professionals and firms nationwide, today announced the addition of several key executive hires and the planned opening of a secondary headquarters in Tempe, Arizona. Kestra will maintain its primary headquarters in Austin, Texas, while its presence in Tempe will help accelerate its ability to scale operations and deliver even greater support to its growing network of more than 1,700 financial advisors nationwide.

Kestra Financial (Kestra) and Bluespring Wealth Partners (Bluespring), companies within the Kestra Holdings ecosystem – which offers industry-leading wealth management platforms for independent wealth management professionals – today announced the release of its first-ever proprietary industry survey, Bridging the Gap: Succession Misalignment Between G1 and G2 Advisors, conducted by independent research firm 8 Acre Perspective.

Kestra Holdings, a wealth management company powering the financial independence of wealth management professionals and firms, was awarded five Stevie® Awards – one Gold, one Silver, and three Bronze – as part of the 23rd Annual American Business Awards. Categories include Achievement in Thought Leadership for Kestra Investment Management, Customer Service Department of the Year for Kestra Financial, Customer Service Team of the Year for Kestra Financial’s Onboarding and Service teams, and Digital Process Automation Solution for Kestra Financial’s Digital Account Opening Platform.

Kestra Holdings today announced the completion of its acquisition by funds managed by Stone Point Capital LLC (Stone Point), a leading private equity firm focused on global financial services and related industries, replacing funds managed by Warburg Pincus LLC (Warburg Pincus), the company’s former majority owner. Private equity firm Oak Hill Capital (Oak Hill) will remain a minority owner. The Kestra Holdings management team and a large number of Kestra-affiliated financial advisors and Bluespring-affiliated principals will retain equity positions in the company. Bluespring Wealth Partners is the acquisition arm of Kestra Holdings.

Kestra Holdings (Kestra Holdings) today announced that funds managed by Stone Point Capital LLC (Stone Point), a leading private equity firm focused on global financial services and related industries, has agreed to acquire a majority interest in the parent partnership of the company, replacing current partner Warburg Pincus LLC (Warburg Pincus), a leading global growth investor. Private equity firm Oak Hill Capital (Oak Hill) will remain a minority owner. The Kestra Holdings management team and a large number of Kestra-affiliated financial advisors and Bluespring-affiliated principals will retain equity positions in the company. Bluespring Wealth Partners is the acquisition arm of Kestra Holdings.

Kestra Investment Management, a division of Kestra Holdings, an industry-leading wealth management platform provider, today announced it reached $1 billion in assets under management (AUM), just one year after launching its first model portfolios.

Kestra Holdings, an industry-leading wealth management platform provider, today announced that Kestra Financial and Bluespring Wealth Partners have won two awards across two categories in WealthManagement.com’s 2023 Industry Awards, known as the “Wealthies.”

Industry leading wealth management platform provider Kestra Holdings today announced the appointment of global executive Jean-Luc Dupont as Vice President, Chief Information Security Officer and Head of Cybersecurity and Technology Risk.

Kestra Holdings, an industry-leading wealth management platform, announced today that multiple subsidiaries have been named finalists in seven categories for WealthManagement.com’s 2023 Industry Awards, known as the “Wealthies.” Across its companies, Kestra was one of the most-nominated firms this year.

Kestra Holdings, an industry-leading wealth management platform, today announced the recapitalization of its parent partnership as Oak Hill Capital takes over the minority equity position held by funds managed by Stone Point Capital, a partner of the firm since 2016. Warburg Pincus will remain the majority investor as it has been since 2019.

Kestra Holdings, an industry-leading wealth management platform provider, today announced the appointment of global marketing executive, Chris MacLaughlin, as the new Chief Marketing Officer (CMO) and Executive Vice President.

Arden Trust Company (Arden Trust), a limited purpose trust company under the ownership of Kestra Holdings, today announced the appointment of Theresa de Leon as National Director of Sales.

Kestra Holdings, an industry-leading wealth management platform provider, today announced the hiring of Steve Hardy as Chief Human Resources Officer. In this position, he will provide support for all employees and companies across the Kestra Holdings ecosystem while evolving the company’s expertise in acquiring, developing, and retaining top talent.

Kestra Holdings, an industry-leading wealth management platform provider, has hired highly accomplished executive Kara Murphy to lead new division, Kestra Investment Management.

Kestra Holdings, an industry-leading wealth management platform provider, today announced the appointment of Kyle Weckman as Head of Cybersecurity and Technology Risk.