Bluespring Wealth Partners, a subsidiary of Kestra Holdings, has acquired WealthPartners, a hybrid firm overseeing $500 million in assets in Ridgeland, Mississippi.
Terms of the acquisition were not disclosed.
WealthPartners, which has been on the Kestra platform since 2010, is led by John Hill, founder, chief executive officer and adviser, and adviser Jeff Turnipseed, who is the firm’s president.
With a primary focus on high-net-worth individuals and families, WealthPartners specializes in providing comprehensive wealth management and retirement planning services, Bluespring said in a press release Tuesday.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.