Kestra Adds $200M Five-Person Advisory Practice 

Kestra Financial has added SZC Financial Planning & Management, a $200 million five-person practice based in Montgomery County, MD. The team is led by financial advisor and founding partner David Shober and Steve Collins  

By joining Kestra Financial, the firm aims to continue to grow and scale its financial planning and advisory offerings. “The personalized support and comprehensive offerings that the Kestra Financial ecosystem provides – while allowing us to maintain our autonomy – is exactly what we’re looking for in a partner firm,” said Shober. “The fact that we can choose how we operate our firm, instead of being told how we should, is refreshing.” 

Last week, Austin-based Kestra announced the addition of Erudite Wealth Management Inc., a NY-based full-service wealth management firm overseeing $225 million in assets. 

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. 

Pictured l to r: David Shober, Stephen Zelcer, Steve Collins