Kestra Private Wealth Services LLC, a registered investment adviser subsidiary of Kestra Financial Inc., has added St. Louis-based Undivided Wealth Management to its platform.
Undivided Wealth is comprised of president Gary Baker, director of investments Dan Kraus, director of financial planning Kim Rubenstein, and director of client services Kim Peaker. The team, which was affiliated with Wells Fargo Advisors for nearly a decade, collectively oversees $186 million in assets.
“Every so often you come across a team whose talent is truly exceptional, whose vision is unparalleled, and who walk the talk. The amount of effort and thought that Gary and his team have put into what Undivided Wealth is to become is simply remarkable. No wirehouse would allow a team the freedom to execute this kind of brand and vision, and we can’t wait to help them,” said Rob Bartenstein, CEO and senior managing director of Kestra PWS.
The partnership marks the fourth new office Kestra Private has opened in 2018. Earlier this month, the RIA recruited Liberty Wealth Solutions, which was also previously affiliated with Wells Fargo Advisors and has $300 million in assets under management.
Headquartered in Austin, Texas, Kestra Financial supports approximately 1,800 independent financial advisors in delivering comprehensive securities and investment advisory services to their clients. Kestra Financial is the parent company of RIAs Kestra Investment Services, Kestra Advisory Services, Kestra Private Wealth Services, and Kestra Institutional Services.