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RIA / WealthAdvisordual registered (broker-dealer)32 years in industry

Karl E Schwartz

Advisor at KESTRA PRIVATE WEALTH SERVICES, LLC

AUSTIN, TX | Bloomfield Hills, MI

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Search this name across graphsid dfx:ria:b2c7dbf1-7027-fd4f-2b5e-b5d66fd8971a

Data as of Sep 14, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:09 PM UTC and rebuilt at most every 15 minutes.

Relationships: 6
Dated events: 2
On other graphs: 0
Observed: Mar 26, 2004 to Sep 14, 2026

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Current firm: KESTRA PRIVATE WEALTH SERVICES, LLC
Current firm class: broker-dealer affiliated wealth managerderived
Book size: not publicno per-advisor AUM is published by the SEC, FINRA or IAPD, and DFX estimates none
Industry start: Apr 27, 1994earliest registration or exam on IAPD
Years in industry: 32derivedfrom the industry start date
Years at current firm: 1derivedfrom the current registration's begin date
Prior firms: 5
Current registrations: 1
Registered states: 1
Exams: S66|S63|S65
First exam: Apr 27, 1994
First registration: Mar 26, 2004
Dual registered: yes, broker-dealer
Other names: KARL ERIC SCHWARTZ
IAPD individual key: 2470163

Registration history

registration spans on IAPD; the basis says whether the span is a current registration or a prior employment record

Firm	Class	Began	Ended	Current	Branch	Basis
KESTRA PRIVATE WEALTH SERVICES, LLC	Bd affiliated wealth	Jan 22, 2025	n/a	yes	Bloomfield Hills, MI\|AUSTIN, TX	Current employment
EDWARD JONES	National bd RIA	Jul 12, 2024	Jan 29, 2025	no	BLOOMFIELD HILLS, MI	Previous registration
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED	Wirehouse	Oct 13, 2022	Jul 15, 2024	no	NEW YORK, NY\|FARMINGTON HILLS, MI	Previous registration
BLACKROCK INVESTMENT MANAGEMENT, LLC	Asset manager	Jul 22, 2013	Dec 13, 2016	no	BLOOMFIELD HILLS, MI\|PRINCETON, NJ\|BLOOMFIELD HILLS, MI	Previous registration
LINCOLN FINANCIAL DISTRIBUTORS, INC.	n/a	Nov 20, 2006	Feb 24, 2011	no	BEVERLY HILLS, MI\|LAS VEGAS, NV\|BLOOMFIELD HILLS, MI\|SOUTHLAKE, TX	Previous registration
JOHN HANCOCK DISTRIBUTORS LLC	n/a	Mar 26, 2004	Sep 28, 2006	no	BEVERLY HILLS, MI\|BOSTON, MA	Previous registration

Moves

a move is two registration dates; a bulk corporate re-registration is typed BULK_TRANSFER and is not a move

From	To	Left	Joined	Gap, days	Kind	Move type
EDWARD JONES	KESTRA PRIVATE WEALTH SERVICES, LLC	Jan 29, 2025	Jan 22, 2025	-7	Firm change	Ibd to ibd
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED	EDWARD JONES	Jul 15, 2024	Jul 12, 2024	-3	Firm change	Wirehouse to ibd
BLACKROCK INVESTMENT MANAGEMENT, LLC	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED	Dec 13, 2016	Oct 13, 2022	2,130	Firm change after gap	Other
LINCOLN FINANCIAL DISTRIBUTORS, INC.	BLACKROCK INVESTMENT MANAGEMENT, LLC	Feb 24, 2011	Jul 22, 2013	879	Firm change after gap	Other
JOHN HANCOCK DISTRIBUTORS LLC	LINCOLN FINANCIAL DISTRIBUTORS, INC.	Sep 28, 2006	Nov 20, 2006	53	Firm change	Other

Relationships

Registered with (6)

→ KESTRA PRIVATE WEALTH SERVICES, LLCRegistered adviserregistration: current employment
Jan 22, 2025 to presentfactForm ADV
→ EDWARD JONESRegistered adviserregistration: previous registration
Jul 12, 2024 to Jan 29, 2025factForm ADV
→ MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATEDRegistered adviserregistration: previous registration
Oct 13, 2022 to Jul 15, 2024factForm ADV
→ BLACKROCK INVESTMENT MANAGEMENT, LLCRegistered adviserregistration: previous registration
Jul 22, 2013 to Dec 13, 2016factForm ADV
→ LINCOLN FINANCIAL DISTRIBUTORS, INC.Registered adviserregistration: previous registration
Nov 20, 2006 to Feb 24, 2011factForm ADV
→ JOHN HANCOCK DISTRIBUTORS LLCRegistered adviserregistration: previous registration
Mar 26, 2004 to Sep 28, 2006factForm ADV

Dated events

Occurred
Jan 29, 2025
Advisor changed firm
Karl E Schwartz left Edward Jones for Kestra Private Wealth Services, Llc (registered 2025-01-22)
Form ADVobserved 4 days ago
Occurred
Jul 15, 2024
Advisor changed firm
Karl E Schwartz left Merrill Lynch, Pierce, Fenner & Smith Incorporated for Edward Jones (registered 2024-07-12)
Form ADVobserved 4 days ago