Kara Murphy, CFA

As President and Chief Investment Officer of Kestra Investment Management, Kara and the team provide market research and commentary, empirically driven guidance on portfolio construction, and an array of sophisticated investment strategies.

Kara is a keynote speaker at industry conferences and contributor to many television and radio programs, including CNBC, Bloomberg TV, Bloomberg Radio, and Yahoo! Finance. She is also regularly quoted in financial publications including The Wall Street Journal, The New York Times, and Barron’s.

Prior to joining Kestra Investment Management, Kara served at several firms as Chief Investment Officer, most recently at Goldman Sachs Personal Financial Management, where she partnered with advisors to manage their client investments and help address a variety of investment and financial planning needs. At United Capital, Kara was Chief Investment Officer and built out a series of investment strategies and tools for advisors and their clients. Previously, Kara was Chief Investment Officer at AIG Funds, where during her tenure as CIO, assets grew from $23 billion to $50 billion.

Earlier in her career, she was an equity analyst at Chilton Investment Company, a hedge fund, and at Morgan Stanley Investment Management. Before joining the investment industry, she was an analyst covering international political and economic risk at Marvin Zonis + Associates, with a focus on Eastern Europe and Russia.

Kara is a member of the CFA Society of New York and the CFA Society of Austin. She serves on the board of directors for Welcome Home, a nonprofit she co-founded to provide support for newly resettled refugees. Kara earned a bachelor’s degree from Georgetown University’s School of Foreign Service and a master’s degree from the University of Chicago. She supports financial literacy and the growth of a strong, well-rounded talent base in the financial services industry. Most importantly, she is a proud wife and mom of three children who keep her busy, delighted, and humbled, often all in the same day.

Kestra Investment Management LLC is an investment adviser registered with the Securities and Exchange Commission. Kestra IM is an affiliate of Kestra Holdings. Kestra IM provides market research, commentary, and portfolio guidance to its affiliated broker-dealers and registered investment advisers.

We are dedicated investment professionals with more than a century of combined experience, having managed assets for some of the industry’s most respected firms. For more information, please reference the Kestra Investment Management LLC Form ADV disclosure brochure. Kestra IM employees are not affiliated with or employees of the independent advisory firms they provide services to nor are the independent registered representatives or registered investment advisors affiliated with or employees of Kestra IM