Kestra Advisory Services (Kestra AS) offers investment advice through its registered financial advisors. Services include advisor-managed accounts, third-party recommendations, financial planning, and retirement planning. Kestra AS supports independent advisors but oversees their advice. Many advisors are also registered representatives of Kestra's affiliated broker-dealer, Kestra Investment Services, LLC (Kestra IS), and may offer insurance products outside of Kestra AS's supervision.
Fee Structure
Kestra Advisory Services' (Kestra AS) fees for managing your investments are a percentage of the value of your portfolio, up to a maximum of 2.5% per year. The exact percentage is determined by your advisor based on factors like the size of your account, the type of account (e.g., retirement), the services you receive, and the platform you choose. These fees are negotiable.
Kestra AS offers different advisory platforms with varying program fees that are deducted from the client fee you negotiate with your advisor. These platforms include AdvisorEnterprise, Horizon, and AdvisorChoice. Each platform has different features, costs, and minimum account sizes.
There are also third-party managed solutions available through platforms like Focus Partners Advisor Solutions, Symmetry Partners, SEI and AssetMark.