Tag Archives: Kestra Financial Advisors

Kestra Financial Advisors Fined For Failure To Supervise Annuity Sales

November 18, 2016  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Kestra Financial Advisors, a broker-dealer headquartered in Austin, Texas, was censured and fined $475,000.00 by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm failed to supervise its variable annuity sales. Letter of Acceptance, Waiver and Consent, No. 2014039418401 (Nov. 2, 2016). According to the AWC, the firm failed to supervise recommendations […]

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