Two More Wirehouse Veterans Join Kestra Private Wealth Services
AUSTIN, Texas--Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. supporting independent advisor teams nationwide, today announced the addition of financial advisors Ed Klein and Graham Pearce to its advisory platform. Together, the two advisors manage more than $215 million in assets.
Klein recently opened his new independent practice, Harbor Investment Advisors, in Aberdeen, Wash. after spending 35 years serving the Aberdeen investment market and 20 years with DA Davidson. Pearce joins Kestra PWS affiliate firm Stone Beacon Capital, where he will serve as the firm’s Chief Investment Officer. Pearce was most recently with Raymond James and holds his CFA and CIMA designations.
Kestra PWS, itself founded by former wirehouse advisors, has an extensive track record of helping wirehouse veterans successfully achieve independence. Their industry-leading platform is a top landing spot for experienced advisors seeking a more complete, customized client experience, state-of-the-art technology, on-call support staff and the many other benefits of going independent.
Previously in 2017, Kestra PWS brought nearly $350 million in assets onto its platform with the additions of advisors with Stone Beacon Capital, White Cap Wealth Management and Modernize Wealth.
“Kestra PWS remains a premier destination of choice for former wirehouse advisors looking for a path to independence, a reputation that helped us attract both Ed and Graham to our firm,” Rob Bartenstein, CEO of Kestra PWS, said. “We offer the financial, compliance and operational support that sophisticated practitioners like Ed and Graham need to grow their practices and improve client service.”
With more than 35 years of experience in financial planning, Klein has been building relationships and serving the Aberdeen community since 1997, and will now do so with the support and resources of Kestra PWS.
“Learning about the extensive support Kestra PWS provides made it clear that independence was the best track for my practice and clients,” Klein said. “Going independent with the support of Kestra PWS empowers my firm to focus on my top priority of providing clients with the appropriate financial advice at a competitive price point.”
In his new role with Stone Beacon Capital, a practice that specializes in servicing the golf industry, Pearce will focus on assisting clients with portfolio construction and management.
“The people at Kestra PWS possess an unrelenting dedication to empowering advisors to take their service offerings to the next level,” Pearce said. “It is clear Kestra PWS and Stone Beacon Capital share my vision for putting investor interests first, and I look forward to putting the available resources to work for the benefit of my clients.”
Click here for more information about going independent with Kestra Private Wealth Services.
About Kestra Financial
Kestra Financial, Inc. (Kestra Financial) provides a leading independent advisor platform that empowers sophisticated, independent financial professionals, including traditional and hybrid RIAs, to prosper, grow, and provide superior client service. With a culture rich in reinvention and advisor advocacy, Kestra Financial has developed integrated business management technology that, combined with its personalized consulting services, offers exceptional scale and efficiency.
Headquartered in the “Silicon Hills” of Austin, Texas, Kestra Financial offers an experience as unique as the city in which it operates. The firm supports more than 1,700 independent financial advisors in delivering comprehensive securities and investment advisory services to their clients. Kestra Financial is the parent company of Kestra Investment Services, LLC, member FINRA/SIPC, and also of Kestra Advisory Services, LLC; Kestra Private Wealth Services, LLC; and Kestra Institutional Services, LLC, all federally registered investment advisers.
Kestra Private Wealth Services, LLC (Kestra PWS) is a hybrid registered investment advisor (RIA) supporting fee and transaction-based independent financial advisor teams across the nation. Kestra PWS was established by wirehouse veterans with the express purpose of enabling former wirehouse financial advisors to achieve independence and growth. The firm's platform is comprised of an independent RIA in association with Kestra Investment Services, LLC as broker-dealer in order to provide its financial advisors with an open architecture platform and independence across both fee and transaction-based business models. Kestra PWS has offices in San Diego, Los Angeles, and Orange County, CA; Westport, CT and Middleburg, VA, Salt Lake City, UT and Stuart, FL. Kestra PWS has been named on the Inc. 5000 2016: The Full List as one of the fastest-growing private companies in America and the Financial Times 2016 FT:300 for top registered investment advisors.
Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment Advisory Services offered through Kestra Private Wealth Services, LLC (Kestra PWS). Harbor Investment Advisors, Stone Beacon Capital, White Cap Wealth Management, and Modernize Wealth are not affiliated with Kestra IS and Kestra PWS. ACR#276211
Leah Katsanis, Gregory FCA for Kestra Financial