What is a registered investment advisory (RIA) firm?

Our broker-dealer, Kestra Investment Services, LLC and Kestra Advisory Services, LLC, is a registered investment advisory (RIA) firm. Under the Investment Advisers Act of 1940, any firm that is engaged in the business of providing financial advice for a fee is considered to be an “investment advisor.” These firms are required to be registered with the appropriate federal or state agency. As such, Kestra Advisory Services, LLC and Partners Wealth Management are registered with the Securities and Exchange Commission. As an RIA, this means we always put the interests of our clients ahead of our own interests.

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