Kestra Investment Management Surpasses $5 Billion in Assets Under Management

AUM milestone achieved one year ahead of internal goal, as President and CIO Kara Murphy is named a 2026 Wealth Management Industry Awards finalist

AUSTIN, Texas--(BUSINESS WIRE)--Kestra Investment Management (KIM), the asset management arm of industry-leading wealth management platform Kestra Holdings, today announced it has reached $5 billion in assets under management (AUM), surpassing its internal goal one year ahead of schedule and 7 months after crossing the $4 billion AUM mark. The announcement coincides with the recognition of KIM President and Chief Investment Officer, Kara Murphy, as a finalist in the 2026 Wealth Management Industry Awards (Wealthies) in the Asset Managers – Thought Leader of the Year category.

This milestone reflects the growing adoption of KIM’s model portfolio platform among Kestra-affiliated independent financial advisors, with more than 350 advisors now running at least one KIM portfolio and 17,000 accounts across 55 model portfolios spanning seven risk profiles. KIM’s longest-running models have outperformed nearly three-quarters of their peers, and single-stock portfolios have outperformed more than three-quarters of their peers since inception.

“Reaching $5 billion is a testament to the trust our advisors have placed in our team and our approach,” said Kestra’s Kara Murphy. “We built KIM to give independent advisors the investment infrastructure they need to grow their practices and serve clients at the highest level, and this milestone tells us that mission is resonating.”

Beyond portfolio performance, KIM has continued to deepen its advisor support model. To date, the team has delivered more than 200 blogs and videos, hosted more than 70 webinars drawing over 3,000 attendees, and completed more than 1,000 portfolio and transition analyses. Together, these efforts equip advisors with the tools and insights necessary to spend less time managing portfolios and more time growing their businesses. Looking ahead, KIM plans to expand its investment solutions in the second half of 2026, with new capabilities designed to give advisors greater flexibility in helping clients navigate the tax implications of their portfolios.

In conjunction, Murphy’s Wealthies award nomination recognizes KIM’s multi-channel market commentary platform, anchored by her recurring series “Money with Murphy” and KIM’s “Markets in a Minute,” which delivers a timely, accessible investment perspective to advisors across Kestra’s network and the broader industry in both video and written formats. Murphy’s public platform has also strengthened industry representation, including her commitment to inclusion through the Kestra Women’s Collective, built on sustaining a strong community of women financial professionals, creating a network where they can share insights, develop as leaders, and better serve the growing population of women investors.

About Kestra Investment Management, LLC

Kestra Investment Management, LLC is an investment adviser registered with the Securities and Exchange Commission (“SEC”). Kestra Investment Management provides its affiliated investment professionals with timely economic and market insights, comprehensive investment solutions, and sophisticated analysis and support.

About Kestra Holdings

Kestra Holdings offers industry-leading wealth management platforms for independent wealth management professionals nationwide. With an innovative culture that celebrates independence, the company seeks to redefine the future of the advisory industry through superior service, cutting-edge technology, and preeminent resources that every financial professional needs to succeed in the market now and in the years to come. Kestra Holdings companies support independent financial professionals across the country in delivering comprehensive securities, trust, and investment advisory services to their clients. Kestra Holdings is the direct or indirect parent company of Comprehensive Brokerage Services (CBS), Arden Trust Company (www.ardentrust.com), Bluespring Wealth Partners, LLC (www.bluespringwealth.com; including its investment adviser and wealth management firm subsidiaries), Kestra Investment Services, LLC, member FINRA/SIPC, as well as Kestra Investment Management, LLC (www.kestraim.com), Kestra Advisory Services, LLC (www.kestrafinancial.com), Kestra Private Wealth Services, LLC (www.kestrafinancial.com/Wirehouse-Exiters), and Kestra Institutional Services, LLC, all federally registered investment advisers.

Wealth Management Industry Awards

The Wealth Management Industry Awards recognize outstanding organizations and individuals supporting financial advisor success through innovation, leadership and service. Produced by the Wealth Management Group at Informa, the program honors achievement across technology, asset management, practice management, client service, marketing, leadership and advisor support.