Kestra Financial Inc. said Thursday that during the third quarter, 21 new financial advisers and 13 teams with over $2.3 billion in assets under management joined the firm, while Cetera Financial Group Inc. earlier this month announced that it recruited ...

As more retirement plan advisers sell their practices, others, especially younger RPAs just building their businesses, may want to remain independent. Yet competing against large defined-contribution aggregators is difficult, and RPAs who are part of a practice that is sold ...

Robert Allen, Marcel Morin and April Davis, who operate as Capstone Financial Partners in Glen Allen, Virginia, have changed their affiliation from Kestra Financial to LPL Financial. The firm, founded by Allen in 2015, manages approximately $170 million in advisory ...

Kestra Holdings, the Austin, Texas-based parent of several broker-dealers and registered investment advisory firms, has hired Kara Murphy as chief investment officer. She will lead a new division, Kestra Investment Management. Murphy most recently served as chief investment officer and ...