Strategic Relationships

Kestra Investment Services, LLC – Our Broker/Dealer

We are independent, but that doesn’t mean we’re alone. One of TWA’s core values is teamwork. With a culture rich in reinvention and advisor advocacy, Kestra Financial* provides a back office extension of teamwork to our San Jose TWA team of professionals. Headquartered in the “Silicon Hills” of Austin, Texas, Kestra Financial is an industry leader and a top 10 independent broker-dealer (ThinkAdvisor, 2018 Broker-Dealer Reference Guide). The firm supports more than 1,800 independent financial advisors in delivering comprehensive securities and investment advisory services to their clients. As an independent advisor practice with the scale of Kestra Financial behind us, we are able to get our clients access to top providers and products at competitive pricing difficult for advisors to obtain, especially if they’re on their own.

*Kestra Financial is the parent company of Kestra Investment Services, LLC, member FINRA/SIPC, and also of Kestra Advisory Services, LLC; Kestra Private Wealth Services, LLC; and Kestra Institutional Services, LLC; all federally registered investment advisers.

Fidelity Institutional^SM – Our Asset Custodian

Every broker/dealer needs a clearinghouse to provide trade execution, clearing and other related services for your brokerage accounts. Kestra Investment Services, LLC’s brokerage accounts are carried by Fidelity Institutional^SM and it’s broker-dealer National Financial Services, LLC (NFS), member NYSE/SIPC. Securities in accounts carried by NFS, are protected in accordance with the Securities Investor Protection Corporation (SIPC) up to $500,000. The $500,000 total amount of SIPC protection is inclusive of up to $250,000 protection for claims for cash, subject to periodic adjustments for inflation, in accordance with terms of the SIPC statute and approval by SIPC’s board of directors. In addition to SIPC protection, NFS provides for brokerage accounts additional “excess of SIPC” coverage. The excess of SIPC coverage will be used only when SIPC coverage is exhausted. Like SIPC protection, excess of SIPC protection does not cover investment losses in customer accounts due to market fluctuation. It also does not cover other claims for losses incurred while broker-dealers remain in business. Total aggregate excess of SIPC coverage available through NFS’s excess of SIPC policy is $1 billion. Within NFS’s excess of SIPC coverage, there is no per-account dollar limit on coverage of securities, but there is a per-customer limit of $1.9 million on coverage of cash awaiting investment. This is the maximum excess of SIPC protection currently available in the brokerage industry. Neither coverage protects against a decline in the market value of securities, nor does either coverage extend to certain securities that are ineligible for coverage. 831385.3.0