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.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
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