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Financial Advisory  + RIAs & Financial Advisors  + Wealth Management  | 
Kestra Financial Onboards $225M New York FA Duo

Kestra Financial Onboards $225M New York FA Duo  

Kestra Financial has added Erudite Wealth Management Inc., a NY-based full-service wealth management firm overseeing $225 million in assets, to its platform. 

The two-person team includes David Weinstock, president and founder, and Carjin Michel, COO. The firm has more than 140 clients and seeks to grow and scale its offerings and build on its vision of becoming a legacy firm. 

“The depth of industry expertise, personalized support and robust offerings that the Kestra Financial ecosystem provides is exactly what we’re looking for in a partner,” said Weinstock. 

In early July, Austin-based Kestra acquired Lodi Wealth Advisors, a wealth management firm specializing in “personalized, high-touch service” with over $400 million in assets. 

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

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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