Kestra affiliate Element Wealth Advisors acquired by Bluespring Wealth

Element Wealth Advisors, an Atlanta-based financial planning firm affiliated with Kestra Financial, has been acquired by Bluespring Wealth as part of the aggregator's push to bring growth-oriented independent advisory businesses onto its platform.

Managing Partners Todd Mitman and Jeremy Reese founded Element around the concept that individuals, families, retirees, and business owners are best served by advisors who know them well and focus on meaningful financial decisions. The firm offers financial planning, investment management, retirement planning, and tax-aware wealth strategies.

With the acquisition, Buespring's sixth of 2026 so far, Element gains access to operational, strategic, and technology resources through Bluespring, while retaining its name and existing leadership structure.

"Our focus has always been on building meaningful relationships and delivering advice that puts our clients first," said Jeremy Reese, Managing Partner of Element Wealth Advisors. "Joining Bluespring allows us to grow thoughtfully while continuing to invest in our team and the client experience that defines us."

William Salmen, head of mergers and acquisitions at Bluespring Wealth, said Element's reputation and culture were central to the decision to pursue the partnership.

"Element Wealth Advisors represents the type of firm we look to partner with because of the leadership, culture, and long-term vision they have built," said Salmen. "The Element team has established a strong reputation through their client relationships and disciplined approach to their business. We are excited to support them as they continue expanding their capabilities and serving clients for years to come."

Austin, Texas-based Bluespring describes itself as a platform built for entrepreneurially minded advisory firms that want institutional backing without surrendering their independence or founding principles.

It recently announced the formation of Bluespring Wealth Management, LLC., a registered investment advisor designed to centralize compliance support across its network of independent partner firms.

The addition of Element reflects continued consolidation activity among independent wealth management firms as smaller practices weigh the benefits of scale against the challenge of growing on their own.

The deal was announced Wednesday. Terms were not disclosed.