Two firms that manage a total of $240 million in assets have joined Kestra Private Wealth Services LLC, a subsidiary of Kestra Financial Inc. in Austin, Texas.
New York City-based Intrinsic Mutual Advisors and Stone Beacon Capital based in Carlsbad, Calif., have joined Kestra Private Wealth.
Intrinsic Mutual Advisors, lead by Stephen Luz, focuses on the complex investment needs of high-net-worth families and business owners. Stone Beacon Capital specializes in golfers and the golf industry and is led by Chad Collins.