Kestra Investment Management constructs and manages a wide range of model portfolios for individual and institutional investors, utilizing both strategic long-term allocations and tactical strategies through exchange-traded funds, mutual funds, and individual stocks. The firm operates as a portfolio manager primarily through affiliated financial professionals and wealth management firms, rather than contracting directly with retail clients. Kestra Investment Management exercises authority to make trades without asking first within its managed models, working alongside affiliated custody and execution platforms. The firm's investment approach encompasses diversified core portfolios, concentrated equity strategies, and specialized allocation models tailored to various investor objectives and risk tolerances. Because of its extensive network of affiliates—including broker-dealers, trust companies, and advisory firms—the organization manages conflicts of interest related to shared ownership and internal service recommendations while focusing on consistent portfolio administration and rebalancing.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.50% |
Manager fees are negotiated between Kestra Investment Management and the affiliated professional, generally ranging from 0.00% to 0.50% of portfolio assets. Accounts at Charles Schwab & Co. may incur an additional manager administration fee of 0.00% to 0.05%.