AUSTIN, Texas--(BUSINESS WIRE)--Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment advisor subsidiary of Kestra Financial, Inc., today announced the addition of OWL Private Wealth Advisors, a full-service wealth management practice located in Bloomfield Hills, Michigan.

OWL Private Wealth Advisors is led by managing partners Jeffrey Smith, CFP®, CPWA®, ChFC®, CRPC®, and Brian Thomas, CRPC®, MBA, who have a combined 40 years of experience in the financial and advisory services space. The firm’s members provide holistic financial planning and goals-based wealth management services for multi-generational families and individuals.

“Both Jeffrey and Brian sought a full-service independent model that gives their firm the freedom to offer customized financial solutions for their clients,” said Rob Bartenstein, CEO and Senior Managing Director of Kestra PWS. “By partnering with Kestra PWS, OWL Private Wealth Advisors will spend less time worrying about the logistics of owning a business and more time on meeting their clients’ specialized financial needs.”

The professionals of OWL Private Wealth Advisors collectively oversee $120 million in assets and specialize in goals-based planning, investment management, insurance planning, and corporate and individual retirement consulting.

“In our pursuit of independence, we sought a partner who could empower us to deliver the best experience for our clients. We ultimately chose Kestra PWS for their best-of-breed technology and human capital. We are extremely excited to begin this new chapter alongside their talented team,” said Smith.

“After an extensive search, Kestra PWS emerged as the frontrunner due to their industry-leading technology integration and high-caliber service that will enable us to focus on our clients as the top priority,” Thomas added.

About Kestra Private Wealth Services

Kestra Private Wealth Services, LLC (Kestra PWS) is a hybrid registered investment adviser (RIA) supporting fee and transaction-based independent financial advisor teams across the nation. Kestra PWS was established by wirehouse veterans with the express purpose of enabling former wirehouse financial advisors to achieve independence and growth. The firm's platform is comprised of an independent RIA in association with Kestra Investment Services, LLC as broker-dealer in order to provide its financial advisors with an open architecture platform and independence across both fee and transaction-based business models. Kestra PWS has helped 23 single and multi-team offices across the country find independence with their full service support model.