The US company Kestra Holdings, which specializes in wealth management and services for independent financial advisors, announced the opening of a new headquarters in Tempe, Arizona, as part of its national expansion strategy.
The firm will maintain its main office in Austin, Texas, but with the opening in Tempe, it seeks to strengthen its operational capacity and provide greater support to its network of more than 1,700 financial advisors distributed throughout the country.
According to the company, the new headquarters, located east of Rio Salado Parkway and Price Road, will create around 250 jobs over the next 18 to 24 months.
In this first stage, the Tempe center will house customer service and operations teams, while other business functions will be added in later phases.
The decision to locate in the Phoenix metropolitan area was based, according to Kestra, on the region’s economic growth and availability of specialized financial services talent.
As part of the expansion, the company also announced new appointments to its management team, including Angela Xavier as Chief Customer Experience Officer, Jeremy Carr as General Counsel, and Jim Collins as Chief Business Development Officer of Kestra Financial.
State and local officials highlighted the company’s arrival. Sandra Watson, chair of the Arizona Commerce Authority, said the investment “reinforces Arizona’s appeal as a destination for financial services companies.” Thomas Maynard of the Greater Phoenix Economic Council said the expansion “consolidates the region’s position as a center of innovation and financial talent.”
Tempe Mayor Corey Woods noted that Kestra’s decision “reflects the strength of the local market and its potential to generate new job opportunities.”
Kestra Holdings currently has approximately 1,050 employees and continues to expand its network of services to financial professionals in the United States.