What Kestra is Doing With its New Private Equity Injection
We have a lot of initiatives that we have on the board. Predominantly, we’re looking to make sure that we can fast track our Bluespring Wealth business, which is acquiring and creating succession for really successful wealth management businesses. We’ll be making significant investments in the value stack at Kestra Financial and H.Beck, as well as the trust company that we’ve recently acquired, Arden Trust. And we’re just, we’re all about creating value for independent financial advisors. If we execute on that plan effectively, then we will drive growth, both organic, and we will create a lot of opportunity for inorganic growth through acquisition.
Financial Advisor IQ, October 2, 2019