About this episode
With James Poer, CEO Kestra Holdings, John Amore, President Kestra Financial and Fayez Muhtadie, Co-Head of Private Equity at Stone Point Capital
Overview
Louis Diamond sits down with James Poer (Kestra Holdings), John Amore (Kestra Financial), and Fayez Muhtadie (Stone Point Capital), who share unique vantage points of how scale, private equity, and alignment shape enterprise value in today’s wealth management landscape.
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NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation.
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https://youtu.be/jqE5vfTRewc
About this episode…
As advisory practices grow larger and more sophisticated, the definition of success is shifting. For many advisors, it’s no longer just about income or payout. It’s about ownership, alignment, and building something that carries real enterprise value.
That shift raises important questions, such as:
What does scale actually enable?
How should advisors think about capital?
And what does alignment really look like between firm leadership, capital providers, and the advisors they serve?
To explore that, we invited three guests who see this from unique vantage points. James Poer, who leads Kestra Holdings, John Amore, who oversees the strategy and execution behind Kestra Financial’s growth, and Fayez Muhtadie, who represents Stone Point Capital, Kestra’s private equity partner.
Kestra today operates one of the larger independent wealth management ecosystems in the country, supporting roughly 1,450 advisors and overseeing more than $160B in assets across its broker dealer and RIA platforms. Stone Point, for its part, is a financial services-focused private equity firm with decades of experience investing in banks, asset managers, insurers, and wealth platforms.
Together, they represent a scaled, privately backed model that has become increasingly common in our industry.
In this episode with Louis Diamond, they unpack what they describe as “multiple ways to win” actually means inside a platform of this size, including:
The Kestra ecosystem—and how the firm has evolved from its founding to spin-off from NPF.
The value of private equity ownership—and how common misconceptions impact the positive potential.
The importance of cultural alignment—and how it can be preserved as firms grow.
Growth and scale—and why James believes this business is not an income game, but a wealth game.
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