Broker Check

Kestra Ownership Update

March 05, 2019
Share |

Clients and Friends-

As you know, HWM provides investment advisory services through Kestra Advisory Services, LLC (Kestra AS)  Kestra AS is a large, well-respected registered investment adviser that provides operations, compliance, and technology support to firms like ours across the country.  

In the next several days, you will be receiving a mailer from Kestra AS announcing that its parent company will have a new majority owner.  Kestra AS will not be changing management or operations because of this transaction and there will be no change to your advisory account. 

Depending on the type of account you hold, you may see a few additional communications, all designed to ensure you are aware of the new ownership structure.  Again, there will be no changes to fees, services or accounts.  

We value our relationship with Kestra AS and its affiliated broker-dealer and look forward to continuing to work with them.  If you should have any questions about this letter or any of the communications you receive from Kestra AS, please do not hesitate to contact us.