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Kestra Financial

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Unethical & Deceitful Culture & Practices - Anonymous employee Kestra Financial Employee Review

1.0
Feb 15, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice building & free lunches

Cons

Complete and utter disregard for the truth with their advertising. They clearly do not care about their Advisors (only in how to make money off of them) or their clients. They care more about revenue sharing with vendors, investment providers, and hidden fees than helping the advisors help their clients. This company is private equity controlled and just financially engineering their earnings and reputation for a "quick sale" to make the useless managers rich at the expense of their advisors and especially the clients!

Explore other reviews about Kestra Financial

5.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

It is a solid place to work if you want to get into tech or wealth management in Austin. They are hiring a lot right now to build out the tech platform that the financial advisors use. You get to see how the wealth management industry works from the inside and work on technology that directly impacts advisors, which gives you good experience. Everyone I work with is professional and handles their business.

Cons

It is financial services, so there is standard corporate red tape and compliance rules you have to deal with.

2.0
Jul 14, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-can be a good environment to move up and take advantage of growth -company is doing well financially and growing pretty quickly -some good leaders that try to compensate for clear company-level faults -being closer to executive level (both pro and a con)

Cons

-HR department is nonexistent and terrible, some of the lower level employees try and compensate for it but the department as a whole is toxic. Never a good sign for a company to have such a bad HR team -Activetrak on computers to track everyone’s activity (both in office and at home) which is being actively monitored by the HR team -culture that spends millions on extravagant advisor experiences and shows off pictures at town halls, but gives home office employees bare minimum and will ostracize them for taking more than one cupcake -a lot of turnover so really hard to accomplish anything

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