Kestra Advisory Services, LLC

RIASEC RegisteredEst. 1998

Total AUM

$79.8B

Discretionary

$62.1B

78% of AUM

Avg account

$415K

Accounts

192,439

Employees

1,359

Advisory reps

1,430

Firm details

Headquarters: Austin, Texas
CRD number: 283330
Registered since: December 31, 1998
Website: www.kestrafinancial.com
Custodians: NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI58.66%
Individuals30.75%
Pension & Profit Sharing Plans7.94%
Corporations / Businesses2.2%
Charitable Organizations0.37%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Kestra Advisory Services, LLC operates as an independent broker‑dealer and registered advisory entity that supports both individual/family and institutional clients. Its advisory scope includes comprehensive financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and the selection of other advisers. The firm offers fee arrangements that include percentage‑of‑AUM billing as well as hourly and fixed‑fee engagements. Kestra is not positioned as an ESG‑focused allocator. The firm’s business model blends custody/brokerage relationships and advisory services, and its industry affiliations extend beyond a broker‑dealer to include connections with other investment advisers, trust companies, and insurance companies. That structure supports a mix of managed account solutions, mutual fund and public fund allocations, and third‑party manager access for alternative strategies.