Strategy

Kestra PWS Adds High Net Worth, Golfing Specialists To Wealth Platform

Arti Mehta Reporter January 25, 2017

Kestra PWS Adds High Net Worth, Golfing Specialists To Wealth Platform

The San Diego-headquartered investment advisor platform adds two to its network, worth a total $240 million in assets.

Kestra Private Wealth Services has added two firms to its network, Intrinsic Mutual Advisors and Stone Beacon Capital.

Based in New York, Intrinsic focuses on the investment needs of high net worth families and business owners. Stone Beacon Capital is headquartered in Carlsbad, California, and operates a financial planning practice specializing in servicing the golf industry.

To support Intrinsic, Kestra PWS has opened an office at 1 World Trade Center in New York. Stone Beacon Capital remains situated at its original headquarters due to its niche in the golf industry, Kestra PWS said in a statement.

Kestra PWS is a hybrid registered investment advisor supporting fee-and transaction-based independent financial advisor teams across the US.

This publication is awaiting confirmation as to where Intrinsic was previously based, and will update in due course.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes