AdvisorCensus / Financial advisors / Texas / Austin / Kestra Investment Management, LLC.
Kestra Investment Management, LLC. is an SEC-registered investment advisory firm in Austin, TX, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.
Quick answers
From the filingHow is Kestra Investment Management, LLC. compensated?
On its Form ADV (Item 5.E, October 2026), Kestra Investment Management, LLC. reports these compensation arrangements: a percentage of assets under its management.
Where is Kestra Investment Management, LLC. located?
Kestra Investment Management, LLC.'s principal office is in Austin, TX, according to its Form ADV.
Is Kestra Investment Management, LLC. registered with the SEC or a state?
Kestra Investment Management, LLC. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 317711.
How much does Kestra Investment Management, LLC. manage?
Kestra Investment Management, LLC. reports $4,312,723,263 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).
How have Kestra Investment Management, LLC.'s assets and staff changed since 2022?
In the Form ADV data for Kestra Investment Management, LLC.: Regulatory assets under management: $109,810,189 in the October 2023 data and $4,312,723,263 in the October 2026 data, up 3827%. Total employees: 10 in October 2022 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Kestra Investment Management, LLC. serve?
By number of clients on Form ADV Item 5.D: other investment advisers (4).
Does Kestra Investment Management, LLC. report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/317711
What changed in Kestra Investment Management, LLC.'s recent Form ADV filings?
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated August 20, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$4,312,723,263 as of October 2026, filing dated September 22, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for businesses (other than small businesses) or institutional clients
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (4 years)
- Employees
- Total: 17. Performing investment advisory functions: 13.
- Wrap fee program participation
- Yes.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $4,312,723,263 | 17 | September 22, 2026 |
| October 2025 | $2,615,262,770 | 17 | June 18, 2025 |
| October 2024 | $1,514,127,598 | 14 | August 29, 2024 |
| October 2023 | $109,810,189 | 12 | September 29, 2023 |
| October 2022 | Not reported | 10 | March 11, 2022 |
Regulatory assets under management: $109,810,189 in the October 2023 data and $4,312,723,263 in the October 2026 data, up 3827%.
Total employees: 10 in October 2022 and 17 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- June 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Regulatory assets under management went from $2,615,262,770 to $4,312,723,263 (+65%).
- Updated its list of owners and control persons (Schedule A).
- January 2026
- No longer registered or notice-filed in WA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Kestra Investment Management, LLC. (CRD 317711): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/kestra-investment-management-llc-austin-tx-317711