Bluespring Wealth builds $1B team with Family Wealth Counseling deal

Bluespring Wealth has acquired Family Wealth Counseling and folded it into KDI Wealth Management, one of its existing partner firms.

The combined practice oversees just over $1 billion in client assets, the Austin, Texas-based acquirer said Wednesday.

The merged firm will operate under the Bluespring Wealth name and has 16 professionals, eight of them advisors. It serves high-net-worth families, business owners and investors, with particular depth in business succession, exit planning and multigenerational wealth transfer.

KDI, a Scottsdale, Arizona-based practice led by a husband-and-wife tandem, was overseeing more than $750 million when Bluespring acquiredit in 2024.

The combined practice, which will be operating out of Scottsdale as well as Georgetown, Texas, marks the latest instance of tuck-in transactions at Bluespring, which has leaned on that deal structure as it builds scale.

Anne Trinh, president and owner of Family Wealth Counseling, cast the deal as a forward-looking move rather than an exit.

"This was a proactive decision about the future of our business and how we can continue serving our clients for generations to come," Trinh said.

Trinh has more than 25 years of experience advising individuals, families and business owners. She holds the Certified Exit Planning Advisor and Certified Private Wealth Advisor designations, credentials that line up with the combined firm's focus on owners preparing to sell or hand off a business.

"Bringing our teams together gives us greater depth and broader know-how and experience to draw from without changing the relationships our clients know and trust," she said.

Clients of both firms will keep the same primary advisors and planning teams while gaining access to broader planning capabilities, investment research. Partner firms also benefit from enhanced operational and compliance support, according to Bluespring.

Read more: Bluespring Wealth launches dedicated RIA entity to take compliance burden off partner firms

A woman-led bet on an underserved market

The combination creates a majority woman-led advisor team, which lines up with the firms' stated focus on women clients, including those working through business ownership, retirement and inheritance.

New BlackRock research on affluent women investors, based on an Escalent survey of 1,067 affluent and high-net-worth women, has found that 35% of women with $2 million or more in investable assets have no advisor. Among women with $10 million or more, the figure rises to 45%.

Carrie Dick, president and wealth advisor at KDI, pointed to the planning work the two firms share.

"Combining our teams deepens the strength of our service offerings in business succession, exit, and legacy planning, while preserving the personal approach that has defined both firms," Dick said.

Bluespring, which is owned by Kestra Holdings, reported nine acquisitions adding more than $6 billion in assets under management during its record 2025 acquisition run.

This year, Bluespring's expansion strategy has included its February addition of SHP Financial, a $2.3 billion planning firm in Massachusetts; Synthesis Wealth Planning, a Kestra-affiliated RIA in New Jersey that brought some $1.1 billion in assets; and Atlanta-based Element Wealth Advisors.