Kestra Financial has added its 27th team this year, the independent broker-dealer announced Wednesday, nabbing Personal Benefit Financial, based in Lakewood, Colo. The firm manages $118 million in assets and was founded in 1977 by Ronald Blair. Sharla Rountree currently owns it.
Kestra, an Austin, Texas-based broker-dealer, has brought a number of other independent advisories onto its platform in 2018, including Merrick Financial Group and Northeast Investment Group. The firm has $100 billion in assets under advisement and management and pulls in $475 million in total revenue.