Kestra Investment Management, a division of Kestra Holdings, an industry-leading wealth management platform provider, has joined the model investing era with the launch of its first two portfolio series.
We welcome Kestra's initiative. Our upcoming Model Portfolio Summit (October 18, register HERE) will gather over a dozen market strategists who have made a similar choice and are now running more efficient client money.
Kestra's portfolios are designed for financial professionals associated with Kestra Holdings subsidiaries and structured to maximize opportunities for clients, providing various options based on a client’s risk preference, desire for growth and tax sensitivity.
Both series have tax-aware versions and are low-cost and flexible enough to fit a wide range of client needs. Additionally, the open architecture platform allows for a variety of different managers and funds. The first two Model Portfolio offerings are:
- The Strategic Series: With a long-term focus and multiple risk profiles, this series is designed to be an efficient, streamlined solution with low turnover while still maintaining exposure to potential economic growth.
- The Dynamic Series: This offering is more active in nature, with a higher level of trading activity for investors looking to benefit from changes in economic and market trends.
The Kestra Investment Management team will regularly analyze potential investments, use a rigorous due diligence process to select the best-suited funds, monitor portfolio allocations to opportunistically make changes, and regularly rebalance those allocations to keep each portfolio model aligned with its goals.
Led by Kestra Investment Management Chief Investment Officer Kara Murphy, CFA, the team collectively boasts more than a century of experience and is equipped to provide hands-on support to financial professionals within the Kestra Holdings ecosystem, including portfolio analysis, account set-up, transition support and ongoing education.
“Using our team’s extensive investment background, we’ve built two cost-conscious, user-friendly Model Portfolio Series, which offer our associated financial professionals the flexibility to personalize solutions to fit their clients’ unique needs, keeping in mind individuals’ growth and risk preferences,” Murphy said. “We know there is not a one-size-fits-all solution when it comes to investing. This is one of the many tools we provide for our financial professionals.”
The Model Portfolio Series are managed by Kestra Investment Management, with Head of Portfolio Management Derek Schug, CFA, and Portfolio Manager Mouna Pyneni heavily involved. “Building thoughtful investment models to serve a diverse spectrum of client objectives is time-consuming and requires extensive due diligence. Since our full-time job is creating and managing a diverse set of models, our belief is that, over time, these solutions will offer competitive results and free up financial professionals to focus more on clients on achieving their goals,” said Schug.
Both series can be accessed through existing platforms and are exclusively designed for financial professionals associated with Kestra Financial, Kestra Private Wealth Services, Grove Point Financial, and Bluespring Wealth Partners.
And if you want more on model investing, you don't have to be a Kestra affiliate to tap the brains of the strategists we'll be talking to on October 18 . . . BlackRock, Invesco and more! Registration is HERE.
