Kestra PWS Expands Platform with Addition of Turas Wealth Partners
Kestra Private Wealth Services (Kestra PWS), a prominent registered investment advisor, has welcomed Turas Wealth Partners to its expanding platform. The wealth management firm is helmed by John and Shea Marmion, a father-son team.
Turas Wealth Partners Joins Kestra PWS
Based in Worthington, Ohio, Turas Wealth partners was established to offer clients a more personalized wealth management experience, free from the constraints of larger institutions. With over six decades of combined experience, the Marmions focus on delivering high-touch financial planning and wealth management solutions.
The integration with Kestra Private Wealth services provides Turas with access to advanced compliance solutions, cutting-edge technology, and robust back-office support. This strategic move allows Turas to enhance its service offerings and focus more on client relationships.
Benefits of Kestra’s Open Architecture Model
Kestra PWS’s open architecture model supports both fee-based and transaction-based business models. This versatility is a key advantage for independent advisors, allowing them to tailor their services to meet the unique needs of their clients. The platform’s adaptability is designed to foster growth and innovation for its partners.
Did You Know? Kestra PWS supports over 125 financial professionals across more than 50 offices nationwide.
Kestra’s Continued Growth and Expansion
Headquartered in Austin,Texas,Kestra PWS is actively supporting advisors in transitioning from wirehouses to independent business models. The firm’s growth trajectory includes several recent additions, showcasing its appeal to wealth management professionals seeking greater autonomy and support.
Earlier this month, Amy Dunham joined Kestra PWS, further expanding the platform’s expertise. In January, Campus Private Wealth, with $400 million in assets, also joined the Kestra PWS network. these additions highlight Kestra PWS’s commitment to attracting top talent and expanding its reach in the wealth management industry.
Recent Additions to Kestra Private Wealth Services
December 2024 saw the addition of Arc Private Wealth,bringing $427 million in assets to kestra PWS. The previous month, Worth Trainor joined as a managing partner in collaboration with The Sade Group Private Wealth Management, now known as Riverside Private Wealth Management. These strategic partnerships underscore Kestra PWS’s dynamic growth and commitment to providing complete wealth management solutions.
| Firm | Location | Assets (Approx.) | Date Joined Kestra PWS |
|---|---|---|---|
| Turas Wealth Partners | Worthington, OH | N/A | June 2024 |
| Amy Dunham | N/A | N/A | June 2024 |
| Campus Private Wealth | Virginia | $400 Million | January 2024 |
| Arc Private Wealth | Ohio | $427 Million | December 2024 |
| Riverside Private Wealth Management | Stuart, FL | N/A | November 2024 |
What factors do you believe are most significant when selecting a wealth management firm? How do you think technology impacts the delivery of personalized financial advice?
Understanding the Evolving Landscape of Wealth Management
The wealth management sector is continually changing, driven by technological advancements, regulatory updates, and shifting client expectations. Firms that adapt and innovate are best positioned to thrive. Kestra private Wealth Services focuses on providing its advisors with the tools and resources necessary to meet these evolving demands.
Key Trends in Wealth Management
- Personalization: Clients expect tailored financial advice and solutions that align with their specific goals and values.
- Technology Integration: Digital platforms and tools are essential for efficient client dialog, portfolio management, and data analysis.
- Compliance: Navigating the complex regulatory surroundings requires robust compliance solutions and ongoing training.
Pro Tip: Regularly review your investment strategy and financial plan to ensure they align with your current goals and risk tolerance.
Frequently Asked Questions About wealth Management
What is Kestra Private Wealth Services?
Kestra Private Wealth Services (Kestra PWS) is a registered investment advisor that supports financial advisors transitioning to independent business models.
What are the benefits of joining Kestra private Wealth?
Joining Kestra Private Wealth offers access to advanced compliance solutions, technology, back-office support, and an open architecture model.
Who are Turas Wealth Partners?
Turas Wealth Partners is a wealth management firm led by John and Shea Marmion,focusing on personalized financial planning and wealth management services.
Where is Turas Wealth Partners located?
turas Wealth Partners is based in Worthington, Ohio.
why did Turas Wealth Partners join Kestra PWS?
Turas Wealth Partners joined Kestra PWS to enhance its service offerings with access to advanced technology and support, allowing them to focus more on client relationships.
Share your thoughts on this expansion and its potential impact on the wealth management industry in the comments below!
