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Kestra Financial Adds $2.4 Billion in Recruitment Assets in Q1 2025

By Mari Nicholson

Kestra Financial Adds 24 Billion in Recruitment Assets in Q1 2025

Wealth management platform Kestra Financial added 26 financial professionals who collectively oversee more than $2.4 billion in assets under management in the first quarter of 2025. The group represents 16 firms.

Financial professionals have the option to operate independently through Kestra Financial or Kestra Private Wealth Services – a registered investment adviser subsidiary of Kestra Financial that offers a comprehensive, full-service platform. Designed to support those transitioning from a wirehouse or W-2 model, Kestra Private Wealth Services provides hands-on assistance with real estate, equipment, technology, and compliance.

“We’re proud to welcome advisers who share our core values: entrepreneurial spirit, collaboration, and a client-first mindset,” said John Amore, president of Kestra Financial. “At Kestra, we’re intentional about growing a community where independence is respected, innovation is embraced, and advisers are truly empowered to lead their way.”

The Q1 2025 additions include:

  • Brian Menickella, Beacon Financial Services;
  • Nickolas Ellis, Nick Ellis, & Jeff Lewis, EAG Private Wealth Management;
  • Dennis Fesser, Fesser Financial;
  • Scott Fanatico, The Financial Services Center;
  • Amy Dunham, joined Inspired Wealth Planning;
  • Tara Carlson, Magnolia Wealth Partners;
  • Hugo Marrero, Marrero Wealth;
  • Shaun Kimball, Momentum Strategic Wealth;
  • Philip Olstein, Olstein Financial Group;
  • Karl Schwartz, joined OWL Private Wealth Advisors;
  • Stewart Werner, joined PlanWell Private Wealth Services;
  • Rebecca Jones, RLJ Wealth Management;
  • Todd Summers, joined Seasons Wealth;
  • Mike McMeans, Silverling Financial;
  • John Marmion & Shea Marmion, Turas Wealth Partners;
  • John Pettis, joined Undivided Wealth Management; and
  • Al Varano & Steve Spong, The Varano Spong Financial Group.

“Every new adviser adds to the fabric of our community,” said Amore. “When we grow with the right people, we deepen our collective strength — for each other and for the clients we serve. As we continue through the year, we look forward to expanding our community of like-minded entrepreneurs who want a partner that’s invested in their success.”

Amore became president of Kestra this month, after having served as its head of wealth management since 2019. He stepped into the role following the retirement of Stephen R. Langlois. Amore has led wealth management teams for more than 19 years in the United States, Europe, and Latin America. Prior to joining Kestra Financial, he led global businesses at UBS across a variety of wealth management channels.

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