Kestra Investment Management Reaches $1 Billion in Assets Under Management

Kestra Holdings subsidiary demonstrates rapid growth, hitting major milestone in just two years of operation

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.

“Celebrating our $1 billion AUM milestone reflects the skill and commitment of our team in offering industry-leading investment strategies, with our Model Portfolio Series chief among them,” said Chief Investment Officer Kara Murphy. “Our portfolio management expertise has proven invaluable for our associated financial professionals in serving their clients. We are eager to build on our successes and continue to evolve our investment management techniques.”

Since it was established in 2021, KIM has launched eight Model Portfolio Series in addition to managing custom portfolios for high-net-worth individuals, all exclusively available to clients of financial professionals associated with Kestra Holdings’ subsidiaries. Murphy and her team, including Senior Vice President and Head of Portfolio Management Derek Schug, oversee the development and rollout of KIM’s investment solutions with a mission to continuously enhance them. The success of the division’s growth allows for the continued evolution and development of products that meet financial professionals’ needs to serve clients.

“We’re enthusiastic about the strong impact Kara and her team have made in just under two years, evidenced by their rapid growth in AUM and the launch of multiple, successful Model Portfolio Series,” said James Poer, CEO of Kestra Holdings. “Their success is derived directly from the success of the financial professionals we serve and demonstrates our ongoing commitment to supporting independent financial professionals with the resources, tools, and technologies they need to more easily and flexibly serve their clients.”

To learn more, visit: https://kestraim.com

About Kestra Investment Management, LLC

Kestra Investment Management, LLC is an investment adviser registered with the Securities and Exchange Commission (“SEC”). Kestra Investment Management provides its affiliated investment professionals with timely economic and market insights, comprehensive investment solutions, and sophisticated analysis and support.

About Kestra Holdings

Kestra Holdings offers industry-leading wealth management platforms for independent wealth management professionals nationwide. With an innovative culture that celebrates independence, the company seeks to redefine the future of the advisory industry through superior service, cutting-edge technology, and preeminent resources that every financial professional needs to succeed in the market now and in the years to come.

Kestra Holdings companies collectively oversee $111.3 billion in assets under administration (AUA) and support more than 2,300 independent financial professionals across the country in delivering comprehensive securities, trust, and investment advisory services to their clients.

Kestra Holdings is the direct or indirect parent company of Arden Trust Company, Bluespring Wealth Partners, LLC (including its investment adviser and wealth management firm subsidiaries), Kestra Investment Services, LLC, member FINRA/SIPC, as well as Kestra Investment Management, LLC, Kestra Advisory Services, LLC, Kestra Private Wealth Services, LLC, and Kestra Institutional Services, LLC, all federally registered investment advisers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230919397078/en/