Kestra Investment Management Launches Four New Model Portfolios and Celebrates $150 Million in Assets Under Management
Kestra Investment Management, a division of Kestra Holdings, an industry-leading wealth management platform provider, today announced it has launched two new model portfolio series, broadening its range of investment solutions available for financial professionals and their clients.
These cost-effective, multi-manager strategies come on the heels of the team's first two model portfolio series, which were launched in June 2022. The portfolios were developed and are managed by an in-house team of industry veterans and have surpassed $150 million in assets under management.
Exclusively available to clients of financial professionals associated with Kestra Holdings' subsidiaries, the two new model portfolio series are:
- Active Income Series: This series is a new addition to Kestra Investment Management's core portfolio offerings. The Active Income Portfolio is a diversified, multi-asset portfolio that incorporates the use of actively managed funds. This portfolio is designed to maximize risk-adjusted total returns while providing additional yield and is available in seven different risk profiles.
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Satellite Series: The Satellite Series comprises three distinct model portfolios which are designed to be paired with a core portfolio to address nuanced client needs in the areas of income and risk management. The three model portfolios in the Satellite Series are:
- Multi-Asset Income Portfolio: Aims to generate higher income than the broad US bond market through a diversified mix of fixed income, equity, and nontraditional assets and strategies such as equity derivatives.
- Tax-Aware Income Portfolio: A diversified, fixed-income portfolio designed to generate higher after-tax income than the broad US bond market through a focus on tax-exempt bonds.
- Liquid Alternatives Portfolio: Aims to diversify sources of risk and return beyond long-only equity and fixed-income exposure. This portfolio combines a mix of low and high volatility alternative strategies that can invest opportunistically in changing market conditions and enhance a portfolio's diversification.
Kestra Investment Management's model portfolios are built on an open architecture platform and incorporate ETFs and mutual funds offered by a variety of third-party managers, which are selected by the team through an extensive due-diligence process.
Led by Kestra Holdings Chief Investment Officer Kara Murphy, CFA, the team provides hands-on support to financial professionals, including portfolio and tax transition analyses, personalized transition support, client-ready materials, and ongoing education.
"We are thrilled to expand our lineup of investment solutions in order to better support the advisors we serve. Developed based on their extensive input and feedback, these model portfolios are specifically designed to fit financial advisors' needs and those of their clients," Murphy said. "We look forward to the continued growth of Kestra Investment Management and being able to serve even more financial professionals and their clients."
The Model Portfolio Series are managed by Kestra Investment Management, with Head of Portfolio Management Derek Schug, CFA, Portfolio Managers Mouna Pyneni and Alan Zhang, CFA, CAIA, FRM, heavily involved.
"Our initial offering of model portfolios surpassed $150 million AUM within just eight months, making it clear that these types of offerings are serving a need for our financial professionals and clients," said Kestra Holdings' Chief Executive Officer, James Poer. "Our investment management division clearly brings great value to our ecosystem of financial professionals. By outsourcing and leveraging the expertise of the Kestra Investment Management team, our advisors can focus more on helping clients reach their financial goals."
Kestra Investment Management's model portfolios are available exclusively for clients of financial professionals affiliated with Kestra Financial, Kestra Private Wealth Services, and Grove Point Financial.
More info on Murphy and the Kestra Investment Management team is available on https://www.kestraim.com/.
About Kestra Investment Management, LLC
Kestra Investment Management, LLC is an investment adviser registered with the Securities and Exchange Commission ("SEC"). Kestra Investment Management provides its affiliated investment professionals with timely economic and market insights, comprehensive investment solutions, and sophisticated analysis and support.
About Kestra Holdings
Kestra Holdings offers industry-leading wealth management platforms for independent wealth management professionals nationwide. With an innovative culture that celebrates independence, the company seeks to redefine the future of the advisory industry through superior service, cutting-edge technology, and preeminent resources that every financial professional needs to succeed in the market now and in the years to come.
Kestra Holdings companies collectively oversee $122 billion in assets under administration (AUA) and support more than 2,400 independent financial professionals across the country in delivering comprehensive securities, trust, and investment advisory services to their clients.
Kestra Holdings is the direct or indirect parent company of Arden Trust Company, Bluespring Wealth Partners, LLC (including its investment adviser and wealth management firm subsidiaries), Kestra Investment Services, LLC, member FINRA/SIPC, Grove Point Investments, LLC, member FINRA/SIPC, as well as Kestra Investment Management, LLC, Kestra Advisory Services, LLC, Kestra Private Wealth Services, LLC, Grove Point Advisors, LLC, and Kestra Institutional Services, LLC, all federally registered investment advisers.
Diversification does not assure a profit or protect against a loss in declining markets. Investments in alternative investment strategies is speculative, often involves a greater degree of risk than traditional investments including limited liquidity and limited transparency, among other factors and should only be considered by sophisticated investors with the financial capability to accept the loss of all or part of the assets devoted to such strategies. Mutual funds are offered by prospectus only. Investors should consider the investment objective, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other important information, is available from a Kestra Financial Advisor and should be read carefully before investing. Fixed income investing involves credit risk, or the risk of potential loss due to an issuer's inability to meet contractual debt obligations, and interest rate risk, or potential for fluctuations in an investment's value due to interest rate changes. Bond prices and interest rates move inversely ? as interest rates rise, bond prices fall and as interest rates fall, bond prices rise. Derivative instruments may be more volatile than traditional securities and may not be suitable for all investors.
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