Bluespring Wealth Partners has announced several hires aimed at reinforcing its growth engine and expanding support for its advisory network.
The leading acquirer of independent RIAs and hybrid wealth management firms under the Kestra Holdings ecosystem of companies, has added three seasoned executives to its leadership roster: Adam Sokolic who takes on the role of Head of Business Operations and Integrations, Rochelle Levy who becomes Chief Compliance Officer, and William Salmen who is now Head of Mergers and Integrations.
Sokolic has more than 25 years of executive leadership, specializing in M&A, platform integration and wealth-management operations. Most recently, as COO for Retirement & Private Wealth at HUB International, he led an acquisition programme that drove more than 600% organic growth and oversaw a platform whose assets exceed $200 billion.
Levy offers over 15 years in compliance and legal roles across banking, investment management and capital-markets. At City National Bank she served as CCO for Capital Markets, Private Bank and Wealth Management, crafting scalable compliance regimes spanning multiple broker-dealers, RIAs and trust entities. She is also a licensed attorney in New York and Massachusetts.
Salmen arrives from Galway Insurance Holdings, where he was VP of Acquisitions and Business Development and led transformative M&A activity including the acquisition and integration of a US$35 billion RIA, MAI Capital Management.
Meanwhile, Bluespring has also strengthened its business development capability via two key additions: Jonathan Ballenger and Tyler Schlater, CFP and CIMA, who join as Regional Business Development Directors.
“This group of new team members brings the kind of expertise that will take Bluespring to the next level,” says Pradeep Jayaraman, President of Bluespring. “Their leadership – along with the teams they are building – will drive growth, elevate advisor support, and accelerate our vision for the future of wealth management.”
Bluespring has added several firms to its network this year including Ray Olson, a Richmond, Virginia-based firm with more than $300 million in client assets, 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, and acquired a $364M Kestra affiliate to combine with two existing firms.
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