Thomas Shumosic
Thomas Shumosic is a CFP-designated registered investment advisor at Kestra Advisory Services, LLC, based in Austin, TX, with 35 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 97,702 clients with $60B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
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.
Location
5707 Southwest Parkway, Building 2, Suite 400, Austin, TX, 78735
Get directionsHistory
Regulatory History (2)
Customer Dispute
October 2025Customer Dispute
May 2019Other Business ActivitiesSells Insurance
Thomas is the President and Founder of MidAtlantic Retirement Planning Specialists Rockwood Financial Group, INC, where he spends nearly full-time on registered rep activities, insurance, and investment advisory services. He also serves as a Certified Financial Planner with Kestra Advisory Services LLC, dedicating about half his time, and is a board member for the Financial Planning Major at the University of Delaware and a Board of Trustee member at the Delaware Art Museum.
Employment History
Current Registrations
Kestra Investment Services, LLC
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
Previous Registrations
Cadaret Grant & CO INC
Cadaret, Grant & CO., INC.Broker
Aig Equity Sales CORP.Broker
Hornor, Townsend & Kent, INC.Broker
Mutual Benefit Financial Service CompanyBroker
State Registrations15 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.