Kestra Private Wealth Services Welcomes $130 Million Advisor Trio
AUSTIN, Texas-- Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. (Kestra Financial), today welcomed Robert Searle, Luis Dolan, and Jason Ruel to its platform. The trio will open a Boston, Massachusetts-based office in partnership with Northeast Investment Group, which joined in 2018.
The team specializes in developing holistic, personalized financial plans for their clients’ distinctive goals. Searle, Dolan, and Ruel bring nearly five decades of combined experience to Northeast Investment Group, and collectively oversee approximately $130 million in client assets.
“The independent model will allow us to gain a deeper understanding of the clients we serve and provide an elevated level of support, without the distractions and pressures of short-term corporate interests,” the team said. “As the industry evolves, we believe Kestra Private Wealth Services’ robust suite of tools, dedicated management team, and sophisticated technology perfectly positions us to deliver a best-in-class experience for our clients.”
After exploring different paths to independence, the Kestra PWS family-oriented culture and values drove the three entrepreneurs to join the platform.
“We are thrilled to add Lou, Jason, and Robert to the team, and believe acquisitions like this reinvigorate the practice,” said Jeff Boudjouk, Managing Partner of Northeast Investment Group. “This is an opportunity to open new doors, while still providing continuity for current clients, creating multiple avenues for success.”
The partnership enables Northeast Investment Group to strengthen relationships and allows for a new depth of service, while also serving as a catalyst for growth in New England.
"Robert, Luis, and Jason bring tremendous value to Northeast Investment Group and the entire Kestra PWS platform," said Rob Bartenstein, Senior Managing Director and CEO of Kestra PWS. "By forging meaningful partnerships, we are able to support our firms like Northeast Investment Group in expanding their footprints. We're energized by working with financial professionals nationally to provide the tools needed for their journey to independence, as well as this type of growth by addition, which is becoming more and more common within our Kestra PWS ecosystem.”
About Kestra Private Wealth Services
Kestra Private Wealth Services, LLC (Kestra PWS) is a hybrid registered investment adviser (RIA) supporting fee- and transaction-based independent financial professional teams across the nation. Kestra PWS was established by wirehouse veterans with the express purpose of enabling former wirehouse financial professionals to achieve independence and growth. The firm's platform is composed of its independent RIA in association with Kestra Investment Services, LLC (Kestra IS) as broker-dealer in order to provide its financial professionals with an open-architecture platform and independence across both fee- and transaction-based business models. Kestra PWS has helped over 30 single- and multi-team offices across the country find independence with their full-service support model.
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.
Kestra Financial is the parent company of Kestra IS, member FINRA/SIPC, and also of Kestra Advisory Services, LLC; Kestra PWS; and Kestra Institutional Services, LLC, all federally registered investment advisers.
The professionals at Northeast Investment Group offer securities through Kestra IS, member FINRA/SIPC. Investment advisory services offered through Kestra PWS. Northeast Investment Group is a member firm of Kestra PWS, an affiliate of Kestra IS. Northeast Investment Group is not legally affiliated with Kestra IS or Kestra PWS.
Contacts
Media Contact:
Gregory FCA for Kestra PWS
Jenna Silverblatt, 610-428-3296
kestra@gregoryfca.com
