Kestra Financial Adds MidAtlantic Retirement Planning Specialists to Platform

Business Wire

Partnership continues Kestra Financial’s growth, expands its footprint in the retirement plan space

AUSTIN, Texas--(BUSINESS WIRE)-- Kestra Financial, Inc. (Kestra Financial) today announced the addition of MidAtlantic Retirement Planning Specialists to its independent advisor platform, as Kestra Financial’s 2017 recruiting momentum and upward growth trajectory continues.

Led by Thom Shumosic, CFP®, AIF®, the financial professionals of MidAtlantic Retirement Planning Specialists focus on helping people save and invest to achieve their retirement goals through individual retirement accounts and company 401(k) plans. Headquartered in Wilmington, Delaware, the MidAtlantic Retirement Planning Specialists team generates approximately $2.4 million in annual revenue.

“Kestra Financial is committed to growing by attracting sophisticated advisors, like those with MidAtlantic Retirement Planning Specialists, to our organization,” said Daniel Schwamb, Senior Vice President of Business Development at Kestra Financial. “We have made a concerted effort to increase the number of retirement-focused firms on our platform, and Thom and his team have a stellar reputation of providing top-tier retirement planning services to their clients over the years.”

MidAtlantic Retirement Planning Specialists was founded on the premise that retirement investments are among the most important assets clients have and that their clients’ needs should always come first.

“Kestra Financial’s next-generation technology, abundance of resources, and track record of helping advisory practices like ours grow is what spurred us to partner with the organization,” Shumosic said. “We look forward to leveraging Kestra Financial’s support in order to better-service our clients and help them meet their retirement planning goals.”

About Kestra Financial

Kestra Financial, Inc. (Kestra Financial) provides a leading independent advisor platform that empowers sophisticated, independent financial professionals, including traditional and hybrid RIAs, to prosper, grow, and provide superior client service. With a culture rich in reinvention and advisor advocacy, Kestra Financial has developed integrated business management technology that, combined with its personalized consulting services, offers exceptional scale and efficiency.

Headquartered in the “Silicon Hills” of Austin, Texas, Kestra Financial offers an experience as unique as the city in which it operates. The firm supports more than 1,700 independent financial advisors in delivering comprehensive securities and investment advisory services to their clients. Kestra Financial is the parent company of Kestra Investment Services, LLC, member FINRA/SIPC, and also of Kestra Advisory Services, LLC; Kestra Private Wealth Services, LLC; and Kestra Institutional Services, LLC, all federally registered investment advisers. For more information about Kestra Financial, please visit www.kestrafinancial.com.

About MidAtlantic Retirement Planning Specialists

Established in 1998, MidAtlantic is a financial planning practice with a concentration on retirement income planning. Led by Thom Shumosic, the firm’s founder, MidAtlantic is laser-focused on ensuring each conversation with a client is about building a partnership to achieve their financial goals. The focal point of MidAtlantic’s retirement income planning is with small-to-mid-size companies and individual clients. The firm has six satellite offices along the East Coast, in cities that include Syracuse NY, Red Bank NJ, Cranbury NJ, Bel Air MD and Reading PA. Looking to further its growth in the new year ahead, MidAtlantic’s expansion plans in 2018 include opening an office in Tampa, FL.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. MidAtlantic Retirement Planning Specialists is not affiliated with Kestra IS or Kestra AS.