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Direct Investment  + M&As  | 
Kestra Financial Adds $400M Hudson Valley FA Team

Kestra Financial Adds $400M Hudson Valley FA Team

Kestra Financial, a wealth management platform, has acquired Lodi Wealth Advisors, a wealth management firm specializing in personalized, high-touch service with over $400 million in assets.

Lodi, based in Westchester County, NY, was founded by Scott LoPresti, who began his career in the brokerage industry in 2006 with Hornor, Townsend & Kent and MetLife Securities before joining LPL Financial in 2017. According to BrokerCheck, he was registered with both Lincoln Financial Group and Kestra prior to changing.

The team has affiliated with Kestra Advisory Services, an affiliate of the Austin, TX-based independent broker-dealer Kestra Financial, a division of Kestra Holdings that manages approximately $103 billion in assets under advisement with more than 1,700 financial professionals.

“Kestra Financials’ robust ecosystem and offerings are exactly what we’re looking for in a partner firm,” said Scott LoPresti, Founder of Lodi Wealth Advisors. “As an organization committed to providing exceptional, tailored service to our clients, we saw in Kestra Financial a firm that has the capabilities to support us in delivering that excellence.”

The Kestra Financial division includes Kestra Private Wealth Services, LLC, Kestra Advisory Services, LLC and Kestra Investment Services, LLC.

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Kestra Financial Lodi Wealth Advisors

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.