Kestra Private Wealth Services (Kestra PWS) offers investment advice through its registered financial advisors. Services include advisor-managed accounts, third-party recommendations, financial planning, wrap-fee programs, individual retirement planning, and retirement plan services. Kestra PWS supports independent advisors but oversees their advice. Advisors may also act as insurance agents or be involved in other business activities outside of Kestra PWS.
Fee Structure
Kestra Private Wealth Services (Kestra PWS) offers investment management services where your advisor manages your account based on your goals and risk tolerance. Fees are based on a percentage of your portfolio and can be up to 2.5% annually. The exact fee depends on factors like the size of your account, the type of account (e.g., retirement), and the specific services you use. Fees are negotiable. Kestra PWS also offers various advisory platforms with different fee structures, including program fees that may incentivize your advisor to increase your overall fee.