Kestra Holdings, a wealth management firm serving independent financial professionals and firms across the United States, has announced plans to open a secondary headquarters in Tempe, Arizona. The company will keep its main headquarters in Austin, Texas. The new office in Tempe is expected to help Kestra expand operations and support its network of more than 1,700 financial advisors. Over the next 18 to 24 months, Kestra anticipates creating about 250 jobs at this location.
The new office will be situated at Rio 2100 near Rio Salado Parkway and Price Road. This move is part of Kestra’s broader growth strategy and aims to take advantage of the local talent pool within the financial services sector.
Kestra also announced several executive appointments: Angela Xavier will serve as Client Experience Officer overseeing day-to-day operations in Tempe; Jeremy Carr has been named General Counsel based in Austin; and Jim Collins will become Head of Business Development for Kestra Financial.
“It’s an exciting time for growth and expansion here at Kestra,” said James Poer, Chief Executive Officer of Kestra Holdings. “The addition of these key hires, and our expansion into Tempe, reflects our commitment to sustainable growth, operational excellence, and investing in great people. Austin will remain a vital hub of innovation and leadership for our company, and Tempe will serve as a complementary center of talent and opportunity. Together, these locations will strengthen our ability to serve our community of high-performing advisors while fostering the growth of vibrant, collaborative teams in both markets.”
Kestra chose Greater Phoenix after evaluating several potential sites. The region was selected due to its diverse economy and rapid population growth. The initial focus for the new office will be on client service and operations teams with plans to expand business functions over time.
“Kestra’s decision to establish a major presence in Tempe reflects both the strength of our market and the company’s forward-looking vision for empowering entrepreneurial financial advisors — and, through them, the financial futures of everyday investors,” said Tempe Mayor Corey Woods. “We are proud to welcome Kestra and look forward to the opportunities this will create for our community.”
“Kestra’s expansion into Tempe builds on Greater Phoenix’s position as a thriving center for financial services and innovation,” said Thomas Maynard, Senior Vice President of Business Development at the Greater Phoenix Economic Council. “We’re confident this expansion will be mutually beneficial for the company and for our local talent pool.”
“Kestra’s secondary headquarters in Tempe highlights Arizona’s attractiveness as a top destination for business and financial services companies,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “This location will create high-quality jobs and enhance Tempe and Arizona’s innovative business and financial services sectors.”
CBRE Phoenix representatives Jim Bayless and Trey Glenn assisted Kestra with their site selection process.
Currently employing nearly 1,050 people nationwide, Kestra supports independent advisors throughout the U.S., offering wealth management platforms that emphasize independence alongside advanced technology solutions.
