The acquisition boosts Bluespring’s assets under management by $1.1 billion, marking its fifth deal in 2025 amid a push for inorganic growth.
Kestra Holdings’ registered investment advisor arm, Bluespring Wealth, has acquired Synthesis Wealth Planning, a New Jersey-based practice managing $1.1 billion in client assets. The deal also includes IFG Wealth Strategies, a $170 million affiliate, expanding Bluespring’s footprint in New Jersey and Florida.
The acquisition is Bluespring’s fifth in 2025, following nine deals last year that added over $6 billion in assets under management. Synthesis, founded in 2018, sought a partner to scale while maintaining service levels, according to managing partner Alex Panas.
Bluespring’s growth strategy focuses on both organic expansion and acquisitions, with the latest deal reinforcing its national network. The combined entity aims to serve 1,000 client relationships with enhanced infrastructure.