Bluespring Wealth Partners has continued its strong run of recent RIA acquisitions, expanding its footprint in Texas.
Last month, Bluespring merged Houston based LifeBridge Financial Group with Cypress firm SilverStar Wealth Management to create a $1.4 billion AUM firm. Now it has added Irving based Halcyon Wealth Advisors a $364 million AUM firm affiliated with Kestra Financial and led by owner and financial planner Lynn Clark, along with Carolyn Mora, director of Retirement Plan Services and director of Private Wealth Management.
Bringing the three firms together under LifeBridge Financial Group expands its reach into the Dallas-Fort Worth metro alongside offices in Waco, Houston, Irving, and Cypress.
“Our commitment to continuous improvement enables LifeBridge Financial Group to draw from the best practices of our new partners, elevating the way we invest, plan, and guide our clients,” said Michael Rudelson, managing director at LifeBridge. “We’re excited about this next chapter and grateful for the continued trust of our clients.”
Bluespring is headquartered in Texas state capital Austin and recently appointed Graeme Lee as its head of strategic growth.
The firm acquires RIA and hybrid wealth firms and has been busy so far in 2025 including ClariVise Private Wealth in Georgia and Charter Capital Management in Wisconsin. It also announced the merger of two of its existing firms Hickory Asset Management of Concord, Ohio and Cincinnati based Ritter Daniher Financial Advisory.
RIA M&A activity in the US reached new heights in the second quarter of 2025, with Echelon Partners reporting 102 transactions – making it the most active second quarter on record and the third-most active quarter overall for the industry.
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