Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. (Kestra Financial), today announced the addition of Ridgway Private Wealth.
Headquartered in Tucson, Arizona, Ridgway Private Wealth is led by Gordon Reynolds, CFA®, CFP®. The firm’s financial professionals specialize in advising high-net-worth individuals, families, and entrepreneurs in investment management, comprehensive financial planning, and trust capabilities. In his previous role, Reynolds oversaw approximately $625 million in client assets.
“Gordon is exactly the type of high-caliber financial professional we aim to attract to Kestra PWS,” said Rob Bartenstein, Senior Managing Director and CEO of Kestra PWS. “We look forward to empowering Ridgway Private Wealth’s delivery of personalized client service and expansion throughout southern Arizona.”
Reynolds decided to go independent after experiencing frequent changes to his compensation plan and ever-increasing required account minimums for clients to work with him. He believes the Kestra PWS model will give him the flexibility to assemble a team of professionals who are best suited to handle his clients’ growing needs.
“After researching several paths to independence, I felt confident that Kestra PWS was uniquely positioned to provide top-notch infrastructure while allowing me to run my business as I see fit,” said Reynolds. “By partnering with Kestra PWS, our clients will now experience more streamlined technology, minimized after-tax expenses, and portfolios further customized to meet their investment goals and objectives.”
Reynolds received his Master of Business Administration in Finance from Rockhurst University, and a Bachelor of Science in Business Administration with a Psychology concentration from the University of Kansas. Reynolds was previously affiliated with Wells Fargo Bank in its Investment and Fiduciary Services group.
This article originally appeared on StreetInsider.
