Summiteer Financial Finds Next-Level Technology, Flexible Environment, and Enhanced Client Service Capabilities with Kestra Private Wealth Services

Overseeing $181 million in client assets, the Austin, Texas-based firm looks to embrace its entrepreneurial spirit

Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc., today announced the addition of Summiteer Financial. Located in Austin Texas, near the headquarters of Kestra PWS, this marks the second firm in the state to join the platform in 2023.

Overseeing $181 million in client assets, the advisory team at Summiteer Financial, led by Mike Davis, is focused on leveraging technology to create a high-touch, white-glove client service experience. The decision to break away from the wirehouse model was driven by the flexible environment independence offers along with the ability to offer more products and services that will ultimately help clients reach their goals.

“With our industry constantly evolving and technology updating at a rapid pace, I'm excited to work in an environment where our office can pivot quickly when there is a better way to serve clients,” said Davis. “I strongly believe that we are in the service industry and the flexible model and first-rate technology at Kestra PWS will allow me to create a client-centric infrastructure that not only aligns with my core values but will also help propel my business forward.”

Davis has established a strong reputation in the region with 21 years spent building a successful, planning-based practice. Leveraging the extensive resources Kestra PWS has to offer, Davis will be able to adapt and mold his services to the unique needs of his client base.

“Mike’s entrepreneurial spirit and focus on fostering a positive culture throughout his business make him a clear addition to the Kestra PWS community,” said Rob Bartenstein, CEO and Senior Managing Director at Kestra PWS. “We’re confident that what we have to offer – our in-depth experience, vast resources, and welcoming culture – will exceed Mike’s expectations of what it’s like to move to independence.”

About Kestra Private Wealth Services

Kestra Private Wealth Services (Kestra PWS) is a hybrid registered investment advisor (RIA) headquartered in Austin, TX and supporting independent financial professional teams across the nation. Founded by industry veterans, Kestra PWS empowers advisors to transition seamlessly from wirehouses and W-2 roles to independent businesses. The firm’s platform is composed of its independent RIA as a broker-dealer to provide financial professionals with an open-architecture platform and independence across both fee- and transaction-based business models. The firm’s comprehensive support covers every detail of transition, from office setup to compliance, freeing advisors to focus on serving clients and growing their wealth management businesses. Kestra PWS has helped more than 125 financial professionals and more than 50 single- and multi-team offices across the country find independence with their full-service support model. For more information, visit www.kestrafinancial.com/private-wealth-services.

Kestra Financial, Inc. (Kestra Financial) provides a leading independent advisor platform that empowers independent financial professionals – including traditional and hybrid RIAs – to prosper, grow, and provide superior client service. Kestra Financial offers advisors and firms personalized support, integrated business management technology, and access to a collaborative community of like-minded financial professionals, ultimately enabling their growth, success, and ability to best support their own clients.

Kestra Financial is the parent company of Kestra IS, member FINRA/SIPC, and also of Kestra Advisory Services, LLC; Kestra PWS; and Kestra Institutional Services, LLC, all federally registered investment advisers.

For more information, visit www.kestrafinancial.com.

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