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Kestra Financial

Is this your company?

Run to the hills, run for your life - Concierge Kestra Financial Employee Review

1.0
Apr 19, 2018
Recommend
CEO approval
Business Outlook

Pros

- Super nice building - Great, fun, talented, hardworking people on the front lines

Cons

- Management does not communicate with their teams at all. You will not have skip levels, you will not review your manage, no one will take or use your feedback, this is not a collaborative environment whatsoever. Management lays down the law so they only have themselves to blame for their repeated failures. - Communication between departments, between managers and their teams, and just across the company is consistently nonexistent. Lots of siloing of information so when someone leaves, their knowledge is lost because it was never shared or documented. And often service teams are given completely conflicting information on what our policies our, which leads to frustration and confusion among our advisors. - Kestra is critically understaffed. In 12 months, the concierge team of what started at 18 people lost 10 people. More than half!! Management waited until it was an extraordinarily critical and untenable situation to start aggressively hiring. And they blamed hold times on the remaining team members, saying we were just inefficient and needed to work harder. We literally couldn't get up to go to the bathroom without getting skypes from managers that we needed to stay on the phone. Most call centers have a percentage wrap/idle or unavailable time that is expected of their staff, which is reasonable. At Kestra they got rid of post call work all together! You had to go straight from call to call without so much as getting a sip of your coffee, and if you had notes to add, items to research, questions for other departments, service requests to submit---well all those are supposed to magically get done after hours. - There is no accountability with management. They will always find a fall guy among the boots on the ground. It's really disappointing. Management 100% does not lead by example - Training is a joke. The few resources available are all outdated, completely unusable by new hires. There is no system or rhyme or reason to it. If you don't encounter a topic or issue while shadowing, you will learn through trial and error and there will be no leniency for you not knowing something that you were never trained on. It's all trial by fire for sure. - James Poer does not care about his people on the front lines. He basically says it outright to our faces at every quarterly meeting and we all laugh about how ridiculous it is, but the proof is in the pudding. The top down attitude is that they do not care about their employees and it is pervasive to the "culture" of Kestra. - You will never get support from your manager. If an advisor is angry, you are at fault no matter what, even if you gave correct information and no matter how gently you handled the situation. They are so fast to throw you under the bus and never stand up for you. That include your manager vouching for you to THEIR manager. Again, they can't pin it on a fall guy fast enough.

Explore other reviews about Kestra Financial

5.0
Jul 7, 2026
Recommend
CEO approval
Business Outlook

Pros

It is a solid place to work if you want to get into tech or wealth management in Austin. They are hiring a lot right now to build out the tech platform that the financial advisors use. You get to see how the wealth management industry works from the inside and work on technology that directly impacts advisors, which gives you good experience. Everyone I work with is professional and handles their business.

Cons

It is financial services, so there is standard corporate red tape and compliance rules you have to deal with.

1.0
Apr 9, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I did not find any meaningful advantages working at this company. It feels quite average - nothing that stands out positively compared to others in the industry - while the downsides are significant and consistent.

Cons

The corporate culture here strongly rewards blind loyalty over actual results and performance. If you value your time, self-respect, and real opportunities for professional growth, this may not be the right place for you. Many of the positive reviews appear to have been submitted under pressure from management. They tend to be vague and generic ("great team," "keep up the good work"). In contrast, the negative reviews consistently describe the same serious issues, with details that are too specific and repetitive to be fabricated. Key concerns include: 1. Lack of proper onboarding and training. 2. Outdated technologies and processes (with only a few minor exceptions). 3. Middle management that blindly follows directives from above without understanding or being able to explain the "why" to their teams. 4. Extremely rigid office policy: 4 days in the office per week with very limited remote flexibility. Working from home is generally not allowed even if you're sick or need to visit family in another city for a couple of weeks. 5. On top of that, the company uses ActivTrak software to monitor employee activity. This, combined with the strict in-office requirements, creates a toxic micromanagement environment - your manager (and the software) decide whether you're being "productive," regardless of your actual output or results. Overall, the combination of these factors creates a frustrating environment for anyone who wants autonomy and trust in how they deliver their work.

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