Kestra
Finra Sidelines Two Brokers who Took Client Info to New Firms
The regulator fined and suspended a Lincoln Financial Advisors broker and a former International Assets Advisory broker who started his own registered investment advisory firm for alleged violations of client privacy rules.
High-Producing Boston Broker Joins Kestra After Morgan Stanley Departure
Chairman’s Club advisor who Morgan Stanley reportedly eased out last month becomes an independent broker after 25 years with wirehouses.
Kestra PWS Posts Best-Ever Recruitment Quarter in Q2, Attracts $845 Million
AUSTIN, Texas — Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. (Kestra…
Independence Day: Six UBS Brokers in Three Regions Join Indie Firms
UBS brokers in Ohio, Florida and Maryland collectively managing about $850 million of client assets leave for firms affiliated with RayJay, Wells and Kestra.
Finra Fines Kestra Over Recruiting Practice Jeopardizing Customer Privacy
Brokers who moved between 2017 and 2019 worked with third-party vendor on populating account-transfer spreadsheets without receiving customer approval.
Merrill Team Managing $300 Million in Northern Ohio Goes Indie
Team in Sandusky affiliates with Raymond James while their former Merrill office sits dormant.
Kestra Unit Recruits Some UBS Vets to an RIA Platform
Rhode Island team that was managing about $340 million joins independent broker’s “private client group,” an RIA aiming to provide more support and lower payout than in a traditional Kestra arrangement.
Wells Seeks TRO Against Four FAs Affiliated with Kestra
New Jersey team, which went independent in April after decades at Wells and predecessor firms, allegedly took client data in violation of company rules, privacy laws and the Protocol for Broker Recruiting.
