Acquisition

Media Coverage

05/12/2020

Financial-Adviser Retirement Wave That Could Put Trillions of Assets in Play is Kicking Into High Gear

Read insights from Stuart Silverman, president of Kestra Financial's Bluespring Wealth Business, on how more advisers are looking to prep for their own exits

11/10/2017

M&A Activity Among RIAs Slows Down In 2017

Mergers and acquisitions involving RIA firms are down so far this year, but pent-up demand could lead to an increase in deals next year, according to James Poer, CEO of Kestra Financial, an independent advisory platform in Austin, Tex.

Media Coverage

06/01/2020

Navigating 'Client Concentration Risk' in a Sale

Read insights from Stuart Silverman, president of Kestra Financial's Bluespring Wealth Partners, on ensuring there's a culture fit between buyer and seller when acquiring a firm.

Media Coverage

05/13/2020

Retiring FAs Getting Creative With Deal Making Amid Pandemic

Read insights from Stuart Silverman, president of Kestra Financial's Bluespring Wealth Business, on how innovative retirement deal structures are emerging to protect the interests of both buyers and sellers.

03/26/2019

The Role of Private Equity in Wealth Management

James Poer, the CEO of Kestra Financial, recently partnered with a private equity investor and discusses the role of private equity in wealth management.

Media Coverage

02/08/2020

The Role of Succession Planning in Taking on Institutional Capital

Stuart Silverman, the President of Bluespring Wealth Partners, discusses with Advisor Perspective why advisors are hesitant to part ways with their firms, how they can identify a successor and how institutional capital can help fuel succession strategies.

10/02/2019

What Kestra is Doing With its New Private Equity Injection

James Poer, CEO of Kestra Financial, Inc. talks more acquisitions are on the way in a video with Financial Advisor IQ.

Leading independent broker dealer, Kestra Financial acquires H. Beck, Inc. — News Releases

10/27/2017

Kestra Financial Announces Acquisition of H. Beck, Inc. From Securian Financial Group

Acquisition represents Kestra Financial’s commitment to independent wealth management

08/06/2019

Alpha Wealth Advisors Aligns with Kestra Financial

Virginia-based team sought personalized, high-touch service to fuel business growth.

05/24/2018

Another Experienced Team of Wirehouse Advisors Aligns with Kestra Private Wealth Services

Undivided Wealth Management chose independence via Kestra PWS’ platform to improve client service

News Releases

08/20/2019

Bluespring Wealth Partners Acquires Hickory Asset Management

Bluespring Wealth Partners announces the acquisition of Hickory Asset Management, Inc. (Hickory Asset Management).

News Releases

08/20/2019

Bluespring Wealth Partners Acquires Hickory Asset Management

Bluespring Wealth Partners, LLC (Bluespring Wealth), a new business focused on acquiring experienced registered investment adviser (RIA) and wealth management firms, announces the acquisition of Hickory Asset Management, Inc. (Hickory Asset Management).

News Releases

08/27/2019

Bluespring Wealth Partners Acquires Ted Jenkin’s Believeland

Bluespring Wealth Partners (Bluespring Wealth), a new business focused exclusively on acquiring experienced registered investment adviser and wealth management firms, has acquired Believeland, LLC (Believeland), one of the independently owned financial planning and wealth management entities operating under oXYGen Financial, Inc.

News Releases

11/14/2019

Bluespring Wealth Partners Acquires Vector Wealth Management

$1.1 billion RIA attracted to Bluespring’s entrepreneurial approach and comprehensive successor development program.

News Releases

09/17/2019

Bluespring Wealth Partners Leads Acquisition of Financial Interest in Beacon Financial Group

Beacon Financial Group is the latest RIA to join Bluespring Wealth Partners, LLC (Bluespring Wealth Partners), a business focused exclusively on acquiring experienced registered investment advisor and wealth management firms.

News Releases

01/30/2020

Bluespring Wealth Partners Starts 2020 With $400 Million Acquisition

Retirement Wealth Specialists bolsters resources while rapidly expanding client base

02/27/2018

Davis Advisory Group Joins Kestra Financial

Partnership to focus on implementation of innovative technology and practice enrichment solutions

05/30/2019

Experienced Breakaway Team Partners with Kestra Private Wealth Services

Three Bridges Planning, together for 15 years and counting, goes independent from the wirehouse channel.

09/12/2017

Kestra Financial Acquires Rinvelt & David, LLC

New relationship ensures lasting legacy for Rinvelt & David, continues Kestra Financial’s growth momentum

Company Acquisition Transition — News Releases

01/31/2018

Kestra Financial Adds Carlson Asset Management to Platform

Industry-leading independent advisor platform, Kestra Financial, Inc. (Kestra Financial), has been selected by Carlson Asset Management as its independent wealth platform of choice.

07/10/2019

Kestra Financial Adds Merkel Financial to Platform

Ohio-based firm chooses Kestra Financial for technology capabilities and robust service offering.

05/22/2018

Kestra Financial Adds Newly Formed Team of Seasoned Advisors

Four experienced advisors band together to create New Jersey-based Synthesis Wealth Planning

03/15/2018

Kestra Financial Brings On Maryland-based Potomac Financial Consultants

Kestra Financial, Inc., an industry-leading independent advisor platform, today announced the addition of Potomac Financial Consultants, a boutique, independent financial services firm with a history spanning over three decades.

05/14/2020

Kestra Financial Adds $1.4 Billion in New Recruitment Assets in First Quarter of 2020

Momentum underscores firm’s mission to empower success for wealth management professionals across the country

07/17/2019

Kestra Financial, Inc Introduces Bluespring Wealth Partners

New company designed to acquire and support legacy-minded advisory firms.

Business Growth Performance — News Releases

10/22/2018

Kestra Financial, Inc. to Acquire Reliance Trust Company of Delaware

Acquisition Underscores Vision for Broadening Platform, Alignment with Growth Opportunities

04/14/2020

Kestra Financial Onboards Russell Giammarino Wealth Management

$325 million advisor group joins Kestra Financial-associated firm Coastline Wealth Management.

04/09/2018

Kestra Financial Recruits Griffin Financial Group

Austin-based firm to leverage Kestra Financial’s advisor technology and practice management support

02/24/2020

Kestra Financial Recruits Rapidly Expanding Ivory Wealth Management

$214 million firm selects partner to fuel growth, enhance advisor service and recruitment efforts

03/07/2018

Kestra Financial Recruits The Main Street Group

Industry-leading independent advisor platform, Kestra Financial, Inc. (Kestra Financial), announced today the addition of The Main Street Group, the latest in its recent recruitment streak.

03/18/2019

Kestra Financial Welcomes Gardner Wallace to Platform

Texas-based firm drawn to advanced technology solutions and business consulting support

10/29/2018

Kestra Financial Welcomes Austin Moon III as Vice President of Business Development

New hire will build on his impressive and extensive experience in the financial services industry to help drive recruiting effortsThis is the synopsis

09/05/2019

Kestra Financial Welcomes Moore Wealth Management and Abundance

Recruitment momentum continues with latest firms to join Kestra Financial.

10/14/2019

Kestra Financial Welcomes Newly Formed Team of Experienced Advisors

Three seasoned advisors have banded together to establish Noble Wealth Advisors.

04/12/2018

Kestra Private Wealth Services Leads Another Wirehouse Team to Independence

True Alpha Wealth Management joins Kestra PWS

09/10/2019

Mundi Financial Joins Kestra Private Wealth Services

Partnership continues Kestra PWS’ strong recruitment of wirehouse breakaways.

Kestra PWS, a registered investment advisor subsidiary of Kestra Financial, Inc., that supports independent advisor teams nationwide, announces the addition of Intrinsic Mutual Advisors and Stone Beacon Capital, each led by former wirehouse advisors — News Releases

01/19/2017

Kestra Private Wealth Services Wins New Advisors with $240 Million in Assets

Firm’s recruitment momentum continues with new offices in California and New York

09/17/2018

Personal Benefit Financial Selects Kestra Financial

Kestra Financial, Inc. (Kestra Financial), an industry-leading independent advisor platform, today announced it has been selected by Personal Benefit Financial as its independent advisor platform.

04/23/2018

Questmont Strategic Wealth Advisors Chooses Kestra Financial

Firm selects Kestra Financial for its culture and innovative, integrated technology solutions

05/17/2018

Kestra Private Wealth Services Recruits Experienced Breakaway Team

Liberty Wealth Solutions is the latest advisor team to join Kestra PWS from a wirehouse firm

Leading independent broker dealer, Kestra Financial recruits Dudum Financial — News Releases

01/17/2017

Kestra Financial Recruits $140 Million Firm Dudum Financial

State-of-the-art technology continues to attract large, established firms to Kestra Financial

02/22/2018

Two More Wirehouse Veterans Join Kestra Private Wealth Services

Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc. supporting independent advisor teams nationwide, today announced the addition of financial advisors Ed Klein and Graham Pearce to its advisory platform. Together, the two advisors manage more than $215 million in assets.

Robert Bartenstein | 11/26/2018

Leaving the Wirehouse? Here are Four Valuable Points to Consider

Advisors are increasingly reaching a fork in their career paths, one that demands action on the nagging urge to make the move to independence and true business ownership.

James Poer | 01/02/2018