Kestra Financial announced Thursday that it added Grandview Partners, an advisor team in Westwood, Massachusetts, overseeing about $800 million in assets under management, to its network of independent financial advisors.
Kestra picked up Grandview, which includes 10 advisors and staff members, from Commonwealth Financial Network, according to the Financial Industry Regulatory Authority (FINRA) BrokerCheck website’s member listings for Grandview Founding Partners Douglas Mavilia, Timothy Ryan and Peter Smith.
Grandview was founded in 2019 and serves about 650 client households including individuals, families and business owners, according to Kestra.
The Grandview team also includes advisors Dan Sparta and Peter Donohoe, as well as Lindsey Hardy, Director of Operations, who oversees asset transfers, client service coordination and onboarding.
“Kestra’s approach and commitment to accessible, high-quality service were clear from the start,” Mavilia said in a news release. “Their culture aligns with how we serve our clients – collaboratively, consistently, and with attention to the details that matter. This partnership strengthens our ability to deliver on that promise.”
“Grandview will continue operating as an independent firm, retaining its current employees and ways of working,” James Collins, Head of Business Development at Kestra, told WSR by email. “Grandview’s decision to join Kestra Financial was independent and forward-looking, driven entirely by a desire for a platform that mirrors their own high-touch service philosophy.”
Collins added, “They selected Kestra Financial to access the resources of a national firm while retaining the accessible, advisor-first support that best serves their long-term vision.”
According to the release, Grandview also selected Kestra Financial for its support teams and cultural alignment, with expectations to scale.
“Grandview Partners reflects the kind of firm that excels at Kestra: relationship-driven, growth-minded, and committed to client care,” Collins said in the news release. “We’re proud to welcome them and look forward to supporting their continued success.”
Kestra Financial oversees $142 billion in assets under advisement (AUA) and supports over 1,300 financial professionals, it said. It is a division of Kestra Holdings, in which private equity firm Stone Point Capital agreed to take a minority stake in October 2024, which was completed in February 2025.
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jeff.berman@wealthsolutionsreport.com.
