Bluespring Wealth acquires $1.1 billion Vector Wealth Management

Bluespring Wealth acquires $1.1 billion Vector Wealth Management
Kestra's acquisition unit adds Minneapolis RIA.
NOV 14, 2019
By  Bloomberg
Bluespring Wealth Partners, the acquisition subsidiary of Kestra Financial, has acquired Vector Wealth Management, a Minneapolis, Minn.-based RIA managing $1.1 billion. [Recommended video: Dynasty's Penney: What next for the financial advice industry?] Vector, founded in 1993, is led by Thomas G. Fee. Its senior team includes Sharon L. Calhoun, Jason D. Ranallo, Tyler J. Schelhaas, Daniel J. Powers and Todd C. Stueve. Register todayfor our Future of Financial Advice event on Nov. 20.

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