Finance Investment Services News

Bluespring Wealth Partners Expands Southeast Footprint With $500 Million WealthPartners

Bluespring Wealth Partners Expands Southeast Footprint With $500 Million WealthPartners

Firm sought partner to invest in and amplify growth trajectory

Bluespring Wealth Partners, LLC, an industry-leading acquirer and partner of best-in-class wealth management firms, announced the acquisition of WealthPartners located in Ridgeland, Mississippi.

“Our firm has reached an inflection point in growth, and a relationship with Bluespring Wealth Partners was the logical next step to continue our upward trajectory, serve our clients and secure our legacy”

WealthPartners was founded in 2005 by CEO and Wealth Advisor John Hill and currently serves approximately 450 clients. With a primary focus on high-net-worth individuals and families, the firm specializes in providing comprehensive wealth management and retirement planning services. Hill serves as the CEO, along with President and Wealth Advisor Jeff Turnipseed, Director of Retirement Plan Services Steve Massey, and Director of Planning and Investments John Beers. A high-growth organization, the firm’s financial professionals collectively oversee approximately $500 million in assets as a result of the depth of its network and relationships throughout the Southeast.

Latest Fintech News: WOO Network Joins FinTech Poland Ecosystem

WealthPartners has a longstanding relationship with Bluespring Wealth Partners’ leadership and has been on the Kestra Financial platform since 2010. Partnering with Bluespring Wealth Partners will bolster the firm’s existing operations and provide added infrastructure as they continue to scale. Additionally, the partnership deepens the investment in the future of WealthPartners’ leadership development while supporting recruitment and training of new talent to serve clients and aid growth.

“Our firm has reached an inflection point in growth, and a relationship with Bluespring Wealth Partners was the logical next step to continue our upward trajectory, serve our clients and secure our legacy,” said Hill. “We’re confident this partnership will provide the necessary tools and insight to amplify our capabilities, ensuring clients and employees continue to receive the high-quality support they’re accustomed to, and taking our business to new heights.”

Latest Fintech News: CIBC Innovation Banking Announces Growth Capital Facility for SupportLogic

WealthPartners prides itself on its premier service and ability to make professional and personal relationships with clients, leading to both a strong retention rate of 98% and impressive organic growth.

“It’s rare to find a firm like WealthPartners, which has a combined 98 years of industry experience across its principals paired with a highly personalized approach to financial planning,” said Stuart Silverman, Chairman of Bluespring Wealth Partners. “WealthPartners’ high-touch client service and strong growth track prove their cultural alignment with Bluespring Wealth Partners’ values. We’re excited to get in on the ground floor of their long-term succession plan and help them develop their next generation professionals for years to come.”

Latest Fintech News: PayU Powers Seamless Payments for Bangalore Metro’s New WhatsApp Ticketing System

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Melio Offers Small Businesses an Enhanced, More Secure Payment Management Experience

Fintech News Desk

Luma Health Launches LumaFinancial Product within Patient Success Platform

Fintech News Desk

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
1