Texas-based Gardner Wallace, advisory team join Kestra Financial

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Read: Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019
Fourth-quarter losses for the top operators historically accounting for nearly 93% of the traditional multichannel universe suggest overall sector losses are likely to top last year's record decline by more than 50%.
Read: Cable Networks Q2'19 Distribution Revenue Recap
Despite subscriber declines, total distribution revenues reported by the eight publicly traded cable network owners tracked by Kagan for Q2 grew by 4.3% to $10.26 billion, due in large part to built-in contractual rate increases.
Read: Opportunities And Challenges For African Telecommunications Industry At Africacom 2018
Pay TV, broadcasting, sports rights, affordability, connectivity and innovation were at the center of the conversation at AfricaCom 2018, held Nov. 13-15 in Cape Town, South Africa. Executives presented exciting initiatives for this 90 million TV households market.
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Addison, Texas-based Gardner Wallace Financial Solutions, including its three advisers, joined Kestra Financial Inc.

The advisory team consists of Frances Gardner, Andrew Gardner and Patrick Wallace.

The Gardner Wallace team managed approximately $235 million in assets.

Author
Komal Nadeem
Theme
Banking

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Texas-based Gardner Wallace, advisory team join Kestra Financial