Bluespring Wealth acquired Morristown, New Jersey-based Synthesis Wealth Planning, adding a Kestra-affiliated practice with $1.1 billion in client assets in its fifth acquisition this year.
Synthesis simultaneously bought IFG Wealth Strategies, a Raritan, New Jersey affiliate with $170 million in AUM, extending the combined business across New Jersey and into Jupiter, Florida.
Alex Panas said Synthesis sought more infrastructure and scale to pursue both organic and inorganic growth while maintaining service as it works toward serving 1,000 ideal client relationships.
The deal continues Bluespring’s rapid expansion after nine acquisitions totaling more than $6 billion in AUM in 2025 and SHP Financial’s $2.3 billion addition in February.
Kestra and its brokerage and advisory affiliates oversee $107 billion in assets under management and $170 billion under advisement, though the firm does not disclose Bluespring’s standalone asset total.
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