About Kestra Financial
The firm supports more than 1,800 independent financial advisors in delivering comprehensive securities and investment advisory services to their clients.
Accordingly, who does kestra clear through?
Clearing and Order Fulfillment Services
NFS provides clearing services for Kestra IS and its customers, and Kestra IS, Kestra AS, and Kestra PWS may receive execution price discounts or other compensation from these companies.
In respect to this, is kestra part of NFP? NFP Completes Sale of Majority Stake in Kestra Financial
Under the terms of the transaction, NFP’s ultimate parent will maintain a substantial minority ownership interest in Kestra. The agreement to sell the majority stake in Kestra was previously announced on April 4, 2016 and the transaction closed on June 24, 2016.