Team of two brings $225M in AUM to the Kestra platform
Kestra Financial, an industry-leading wealth management platform, today announced the addition of Erudite Wealth Management Inc. (Erudite), a full-service wealth management firm employing a proactive approach to serving clients through care and attention to detail.
Since its inception in the greater New York area, Erudite has prioritized serving clients and helping them achieve their financial, business and life goals. The firm is composed of a dedicated duo that works diligently to provide a white-glove experience for their high-net-worth clientele, including the development of bespoke portfolios and robust family office resources. The Erudite team currently oversees $225 million in assets under management.
By joining Kestra Financial, Erudite aims to grow and scale its company offerings while continuing to provide quality service to its over 140 clients, with Kestra Financial committed to supporting its ongoing vision of becoming a legacy firm.
"The depth of industry expertise, personalized support and robust offerings that the Kestra Financial ecosystem provides is exactly what we’re looking for in a partner,” said David Weinstock, President and Founder of Erudite Wealth Management. “As an organization committed to providing tailored service to our clients, we’re thrilled to join a firm that supports our approach to delivering excellence.”
“It’s an exciting time to welcome Erudite Wealth Management to the Kestra family,” said Daniel Schwamb, EVP of Business Development at Kestra Financial. “Erudite’s core values revolve around a commitment to delivering exceptional client service and are reflective of our own Kestra community and values. We’re excited to work with the Erudite team to support their next phase of growth.”
About Kestra Financial
Kestra Financial is a leading independent wealth management platform headquartered in Austin, Texas. A division of Kestra Holdings established in 1997, the firm empowers independent financial advisors and wealth management firms by offering personalized support, integrated business management technology, and access to a collaborative community of like-minded financial professionals. Kestra Financial supports independent financial professionals from across the country and is committed to delivering superior service to enable their growth, success, and ability to best support their own clients.
The Kestra Financial division includes Kestra Private Wealth Services, LLC (Kestra PWS), Kestra Advisory Services, LLC (Kestra AS) and Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Securities offered through registered representatives of Kestra IS. Investment advisory services offered through appropriately licensed representatives of Kestra AS or Kestra PWS. Except for the referenced Kestra companies, Kestra IS, Kestra AS, or Kestra PWS are not affiliated with other entities referenced in this publication.
For more information, visit https://www.kestrafinancial.com/
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