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Financial Advisory  + RIAs & Financial Advisors  | 

Kestra PWS Adds Former UBS SVP to Independent Platform

Kestra Private Wealth Services (Kestra PWS), a hybrid registered investment advisor and subsidiary of Kestra Financial, Inc., has added a Florida-based advisor to its independence model.

Worth Trainor has joined as a managing partner in partnership with Stuart, FL-based The Sade Group Private Wealth Management, now Riverside Private Wealth Management, which joined the Kestra network in 2015.

The firm is led by founder and managing director Scott Sade and provides financial services to families and businesses. In addition to Trainor and Sade, the firm includes portfolio manager Jody Zirn and office manager Robin Miley.

Collectively, Trainor, who spent a decade at UBS as an SVP, and Sade oversee more than $300 million in assets under management.

“Here at Kestra PWS, enabling opportunities for our existing firms to continue scaling and growing is one of our most unique differentiators,” said Rob Bartenstein, senior managing director and CEO of Kestra PWS. “Going independent is not only an exciting next step for Worth but exemplifies the nature and devotion of our management team to continue assisting our partners in adding like-minded advisors to their firms.”

Firms that affiliate with Kestra PWS benefit from the platform’s support framework, while Kestra oversees the transition of the team to autonomy. The Kestra Financial division includes Kestra Private Wealth Services, LLC, Kestra Advisory Services, LLC and Kestra Investment Services, LLC.

Kestra Financial is a subsidiary of Kestra Holdings, which also oversees Bluespring Wealth Partners, the M&A division of the organization.

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Kestra Private Wealth Services

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.