Kestler Financial & Centaurus Financial
Independence Plus Protection
How do you balance the administrative activities of operating a business with your need to service your clients, recruit advisors, and help them grow their business? Have shrinking margins, increased litigation, and regulatory risks caused you to wonder whether to stay in the securities business?
Operate like a big company while retaining your independence and culture through an affiliation with Kestler Financial Group (KFG) and independent broker/dealer Centaurus Financial.
Working with Kestler and Centaurus was like a breath of fresh air.- Leslie Long, Blue Bell, PA
You know the demands of independence
Can you continue to afford the necessary investments in technology and compliance infrastructure to keep your firm competitive and safe from hackers, regulators, and plaintiffs' lawyers?
Like many owners of small, independent advisory firms, you may have a significant portion of your personal net worth tied up in your business. Litigation by a single unhappy client or incorrect advice from a well-meaning advisor can wipe out your hard-earned equity overnight.
Regulation
Regulators expect the operations and compliance infrastructure of your firm to look like a big firm and any oversights can result in substantial fines and blemishes on your Form U4. How much of your time does this consume that could be better spent growing on your business?
Not only do FINRA and other regulators expect you to use technology to supervise advisors, but more and more advisors are depending on their broker/dealer to ensure that the latest compliance tools are utilized to protect their practices.
Kestler was there to help me in the difficult process of choosing a new Broker/Dealer and making the transition.- Pat Carroll, Cadillac, MI
The solution
What do you get when you partner with KFG and Centaurus? You have the clout and the protection of a big firm while maintaining your independence.
- KFG’s enhanced compliance and supervision processes
- KFG’s ongoing investment in new technology
- Better and more affordable E&O coverage
- The sharing of risk with a larger, well-capitalized broker/dealer
Kestler Financial Group makes ongoing major investments in leading-edge compliance systems, performance reporting, portfolio management, and client management systems for you.
Not only does access to these tools increase your productivity and accelerate revenue growth, these tools are essential for recruitment and retention of advisors, as these tools are among the most important reasons for choosing a new broker/dealer.
Kestler's internal recruiting department can partner with you to bring advisors to your branch.
Kestler Financial Group’s support and marketing tools go far beyond what any small branch can offer on its own. Kestler Financial operates as a Super OSJ for Centaurus while also acting as a product sponsor to their reps.
Making the Transition
When you transition to Centaurus Financial, you need to know how to evaluate the options that will benefit you, your advisors, and your clients the most. KFG’s transition team is exclusively assigned to the integration of new registered reps. They have the resources and know-how to help you through the process, avoiding costly mistakes.
The transition team will help you minimize disruption for you and your clients. Transfers of non-brokerage and brokerage accounts and the importing of client data are accomplished with minimal stress. The exact process is tailored to your needs and factors in state of residence and clearing firm.
Centaurus Financial is a fiercely independent, family owned broker/dealer. With over 700 registered representatives nationwide, it has become one of the fastest growing broker/dealers in the business. Their Quantum Leap Workshops have received national recognition and are extremely popular among registered reps. Realizing each branch may have a different business model, the focus is on service and accommodation rather than creating cookie-cutter branches.
Kestler Financial Group is a national, independent marketing organization (IMO). Also family owned, we specialize in the distribution of annuities, life insurance, and long term care insurance. Having built and sold a broker/dealer of our own, we fully understand the securities business and currently operate a Super OSJ for Centaurus Financial.
What If I Operate an OSJ?
Much of the discussion on this page applies to OSJs or small broker/dealers. If you are considering a new broker/dealer relationship, wouldn’t it make sense to choose the one with the greatest opportunity? While compensation and overhead may be similar with other firms, the added value of the perfect partnership described above cannot be overstated.