Wealth Empowerment Financial Strategies Switches to Kestra Financial

Boca Raton, Florida-based WEFS has $1.4B AUM and a team of 31 independent advisors.

|

Wealth Empowerment Financial Strategies, a Boca Raton, Florida-based wealth management and retirement solutions firm with $1.4 billion AUM, has switched to the Kestra Financial platform.

Led by Senior Managing Director and founder Eric Lyon and Senior Managing Director Tom Holly, the WEFS team of 31 independent advisors and staff members has nearly three decades of experience. The firm was established in 2006.

A division of Kestra Holdings established in 1997, Kestra Financial is a wealth management platform headquartered in Austin, Texas. The firm provides services to independent financial professionals and wealth management firms including personalized support, integrated business management technology and access to a collaborative community of financial professionals.

“After a long process of interviews and due diligence, the decision to move forward with Kestra Financial was a natural one,” Lyon said. “We were impressed with everything Kestra Financial had to offer – from its executive management team and technology platform to its back-office tech and resources – and knew this would help the growth of our firm down the line.”

“We’re thrilled to welcome WEFS to our network of independent wealth management firms,” said Daniel Schwamb, Executive Vice President of Business Development at Kestra Financial. “WEFS and Kestra Financial share a joint ethos of teamwork and collaboration, making Eric and his team a perfect fit within our premier community of independent financial professionals.”

The WEFS team join Kestra from B. Riley Wealth Management.

Latest News

See all >>

N.J. Independent Advisors Could Be Reclassified as BD Employees

The Financial Services Institute will testify against the implementation of a strict “ABC” contractor rule at a public hearing Monday.

Social Security’s Finances Erode Further and Could Spell Benefit Cuts

If Congress fails to act, the retirement fund will run out earlier than previously estimated.

Most Americans Fear Tariffs Will Hurt Economy and Wallets

A new survey reveals increasing anxiety as price increases affect groceries, clothing and everyday spending.

Survey Highlights Historic Opportunity to Empower More Women to Invest

A Capital Group study reveals four steps financial advisors can take to engage more women clients during the Great Wealth Transfer.

Two Alabama Residents Fleeced in Crypto “Pig Butchering” Scams

The nature of crypto scams makes it harder to recover funds taken by fraud, securities commissioner warns.

Case Highlights the Dangers of Power of Attorney Fraud

An Alabama man got POA over his mother and went on a gambling spree with her savings.