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Texas-Headquartered Kestra Continues Adding Firms To Platform

Editorial Staff December 4, 2024

Texas-Headquartered Kestra Continues Adding Firms To Platform

Kestra, headquartered in Austin, Texas, which calls itself a hybrid RIA, has added a number of firms to its platform.

Kestra Private Wealth Services, an RIA, has added Ohio-based Arc Private Wealth to its platform. 

Arc is present in a number of locations in Northwest Ohio, including Oregon, Waterville, and Upper Sandusky. It is joining Kestra PWS with founders Dave Riggenbach, Adam Lublin, Amy Fredritz and Dylan Clement at the helm.

The Arc team oversees more than $400 million in client assets. 

“We prioritize client relationships and, when going independent, we were looking for a partner firm that shares these values,” Dave Riggenbach, co-founder and wealth advisor at Arc Private Wealth, said. “By joining Kestra PWS, we’re able to serve our clients with a high-touch, white-glove experience and provide them access to high quality investment platforms and products.”

Kestra, which describes itself as a hybrid RIA, is headquartered in Austin (pictured), Texas. In September, Kestra Financial onboarded SZC Financial Planning & Management, a firm founded in Maryland. In June it added the financial professional team at Attain Wealth Partners to its platform. Kestra’s platform is composed of its independent RIA as a broker-dealer to provide financial professionals with an open-architecture platform and independence across both fee- and transaction-based business models.

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