Clinton, MT Office

Kestra Private Wealth Services, LLC provides investment advisory services through a network of independent Advisors and multi‑advisor teams to individuals and institutional clients. As of December 31, 2025 the firm reported managing approximately $13.45 billion in client assets across roughly 208 Advisors and nearly 20,000 client relationships.

Services are delivered primarily through advisor‑managed accounts, third‑party manager platforms and wrap programs (including the AdvisorEnterprise/Envestnet and AdvisorChoice platforms), with both discretionary and non‑discretionary arrangements and specialized offerings such as annuity subaccount management (AAPlus) and 529 plan services (529Plus). Advisors have access to a broad range of investment products — mutual funds, ETFs, equities, fixed income and alternative or complex products — and the firm’s role is to oversee Advisor recommendations while generally permitting Advisors to select products and platforms within the firm’s approved menu.

Compared with many multi‑team firms, Kestra’s brochure highlights several institutional and operational attributes: an affiliation with a trust company (Arden Trust Company), placement‑agent arrangements for private funds, and relationships that support retirement plan and insurance‑company work and other third‑party adviser arrangements. The firm also discloses two prior SEC enforcement matters (2019 and 2021) addressing mutual‑fund share‑class recommendations and revenue‑sharing practices and describes custodial, sweep and platform revenue arrangements (e.g., Kestra IS and NFS) and Marketing Rule disclosures that prospective clients should review for potential conflicts of interest.