About Kestra Financial
Kestra Financial is a company based in Austin (United States) founded in 2014 was acquired by Warburg Pincus in February 2019. It operates as a Professional Services, and Brokerage / Intermediation. The company has 630 employees as of December 31, 2021. Kestra Financial has completed 3 acquisitions, including H. Beck, Rinvelt David and Watermark Wealth Strategies. Kestra Financial offers products and services including Wealth Management Platform, Business Consulting, and Private Wealth Services. Kestra Financial operates in a competitive market with competitors including Kroll, FS Vector, USQ, Ceto and Associates and Allinial Global, among others.
- Headquarter Austin, United States
- Employees 630 as on 31 Dec, 2021
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kestra Financial, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$500 M (USD), Debt – Conventional
Jun 01, 2019
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Investors
Warburg Pincus
& 1 more
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Employee Count
630
as on Dec 31, 2021
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Investments & Acquisitions
H. Beck
& 2 more
- Acquired by
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Products & Services of Kestra Financial
Kestra Financial offers a comprehensive portfolio of products and services, including Wealth Management Platform, Business Consulting, and Private Wealth Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Independent platform supporting financial professionals' business growth.
Expertise provided for critical business areas of advisors.
Tailored wealth management solutions for high-net-worth clients.
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Funding Insights of Kestra Financial
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $500.0M
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First Round
First Round
(01 Jun 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Kestra Financial | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kestra Financial
Kestra Financial has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus and Stone Point Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm investing in global financial services sectors.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kestra Financial
Kestra Financial has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include H. Beck, Rinvelt David and Watermark Wealth Strategies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of wealth management services
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2009 | ||||
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Retirement and financial planning services are provided to clients.
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2006 | ||||
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Investment advisory and broker services are provided to clients.
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kestra Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kestra Financial Comparisons
Competitors of Kestra Financial
Kestra Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kroll, FS Vector, USQ, Ceto and Associates and Allinial Global, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial and risk advisory solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Regulatory compliance, public policy, and strategy advisory services are provided.
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| domain | founded_year | HQ Location |
Customized (re)insurance solutions and alternative risk transfer are offered.
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| domain | founded_year | HQ Location |
Offers consulting and AI tools for financial institutions' growth and efficiency.
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| domain | founded_year | HQ Location |
Association of independent firms providing accounting collaboration and resources worldwide
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| domain | founded_year | HQ Location |
Offers accounting, tax, and advisory services to industries like healthcare and life sciences.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kestra Financial
Frequently Asked Questions about Kestra Financial
When was Kestra Financial founded?
Kestra Financial was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Kestra Financial located?
Kestra Financial is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Kestra Financial?
Robert Bartenstein is the current CEO of Kestra Financial.
How many employees does Kestra Financial have?
As of Dec 31, 2021, the latest employee count at Kestra Financial is 630.
What does Kestra Financial do?
Kestra Financial is established as an independent wealth management platform based in Austin, United States. The company is focused on empowering financial professionals through a partnership culture. Services are provided in wealth management, business consulting, and private wealth solutions. Support is extended to advisors for business growth, transition, and succession planning. The platform is designed to address individual needs while offering superior resources. Collaboration and innovation are emphasized to build shared success within the advisor community. Leadership involvement is prioritized with direct access to experienced executives.
Who are the top competitors of Kestra Financial?
Kestra Financial's top competitors include Kroll, USQ and Altair Global.
What products or services does Kestra Financial offer?
Kestra Financial offers Wealth Management Platform, Business Consulting, and Private Wealth Services.
How many acquisitions has Kestra Financial made?
Kestra Financial has made 3 acquisitions, including H. Beck, Rinvelt David, and Watermark Wealth Strategies.
Who are Kestra Financial's investors?
Kestra Financial has 2 investors. Key investors include Warburg Pincus, and Stone Point Capital.