Jay Cavanagh
Jay Cavanagh is a registered investment advisor at Kestra Advisory Services, LLC, based in Plymouth, MN, with 34 years of industry experience. Jay 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
505 Waterford Park, Highway 169 N, Suite 1100, Plymouth, MN, 55441
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2018Other Business ActivitiesSells Insurance
Jay works as an Investment Advisor Representative for Kestra Advisory Services, LLC and is a Partner at The KNW Group, engaging in registered rep activities and insurance sales, dedicating full-time hours to each. Jay also serves as Senior Vice President at NFP, providing investment advisory services through Kestra Advisory Services, LLC, also full-time.
Employment History
Current Registrations
Kestra Advisory Services, LLC
Kestra Investment Services, LLC
Kestra Investment Services, LLCBroker
Previous Registrations
NFP Advisor Services, LLC
Ing Financial Partners, INC
Ing Financial Partners, INC.Broker
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations14 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.