Maven Bridge Capital Merges with Kestra-Affiliated Firm
Kestra Private Wealth Services (Kestra PWS), a hybrid registered investment advisor and subsidiary of Kestra Financial, Inc., announced the merger of Maven Bridge Capital and Evoke Wealth Management, which will operate as Evoke Wealth Management.
Financial terms of the deal were not made public.
Both teams joined Austin, TX-based Kestra PWS’ RIA breakaway platform in 2021. Brea, CA-based Maven Bridge Capital is led by CEO Kristoffer Fu and Montclair, NJ-based Evoke Wealth Management is led by managing partners Howard Reizun, Athishay Gangadharan, and Craig Petrassi.
“Since going independent I’ve envisioned growing my business via a culturally aligned partnership. Through Kestra PWS’s community of like-minded firms I’m excited to have found that in Evoke Wealth Management,” said Fu.
The partnership marks the first geographic expansion for the firm, as Fu will remain located in California, serving his current client base and supporting Evoke Wealth Management’s presence on the West Coast. The firm is also looking to add firms in the Southeast.