Kestra Financial has hired Stephen Langlois as its president. Langlois, who has held senior positions at eMoney Advisor, Fidelity Investments and LPL Financial, will be in charge of the Kestra-branded broker-dealer and RIAs.
“One of our key priorities in serving independent financial professionals on our platform is to add firepower to our leadership team and deepen our talent pool,” according to James Poer, CEO of Austin, Texas-based Kestra Financial Inc., Kestra Financial’s parent entity.
The Kestra Financial unit encompasses an independent BD, RIA and platform for traditional and hybrid RIAs. It has some 1,700 affiliated advisors and includes Kestra Private Wealth Services, Kestra Advisory Services and Kestra Investment Services.
“Stephen comes to [us] with a 360-degree view of independent financial professionals, having helped fuel the growth of their businesses for over 20 years,” Poer explained in a statement. “With a keen eye on how fintech can deepen the value we deliver, Stephen is unequivocally qualified to design, define, and deliver the future state of our platform as president.”
Langlois, who will report to Poer, also will be tasked with leading Kestra Financial’s revenue growth, as well as helping to innovate its technology and wealth management platform.
“From the beginning, I was attracted to Kestra Financial because of its innovative spirit, market position, and high potential for growth,” said Langlois in a statement. Kestra’s home office staff and affiliated financial professionals “are remarkable and relatively unique in our industry,” he added.
Kestra Financial Inc. was bought by the private equity group Warburg Pincus in February 2019.
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