Kestra Financial announced strong growth in 2022 that it said Tuesday included the addition of 80 advisors and brokers, along with $8.5 billion in new recruitment assets from January through December.
Many of the advisors and brokers who joined Kestra Financial and Kestra Private Wealth Services in 2022 cited the firm's size as a reason for joining the network, with Kestra "large enough to offer resources comparable to larger firms, yet small enough to offer personalized attention tailored to support individual practice goals," according to a statement from the firm.
Financial professionals joining the firm have the option of operating an independent practice through either Kestra Financial or Kestra Private Wealth Services, an RIA subsidiary of Kestra Financial that provides a full-service offering including assistance with real estate, equipment and technology.
"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," according to 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," he said in the statement. "With our workforce back together, financial professionals can see and feel our service-focused office culture firsthand."
A list of Kestra's 2022 advisor and broker additions is available at its website.
