A Model of Supported Independence That Fills the “Fear Gap”
Rob Bartenstein discusses how Kestra Private Wealth Services offers a path to supported independence for advisors who want to go independent but do not want to build an RIA firm themselves.
The M&A Calculus
Mindy Diamond Quoted – By Jason Bisnoff, Fund Intelligence – With the rise of aggregator firms looking to buy up wealth managers, and others offering outsourced support, the number of options for adviser firms looking to either grow their businesses or cash in their chips has never been greater. However, the plethora of options can also create headaches for firms trying to navigate the range of complex offers and opportunities to make sure they are making the right decisions for themselves and their clients.
$340M UBS team joins Kestra PWS
By Ravie Lakshmana, OnWallStreet – A former UBS team overseeing $340 million in client assets has joined independent firm Kestra Private Wealth Services, in what’s the latest move in a series of advisors departing the wirehouse for smaller, regional rivals.
