Bluespring Wealth Acquires Security Financial

INVESTMENT MANAGEMENT DEALS BLOG

February 16, 2022

On February 2, 2022, Bluespring Wealth Partners, LLC announced its acquisition of Security Financial Management.

Under the terms of the transaction, Bluespring Wealth Partners, LLC (“Bluespring Wealth”) acquired Security Financial Management (“Security Financial”). Terms of the deal were not disclosed.

Bluespring Wealth, based in Austin, Texas, is a subsidiary of Kestra Holdings and specializes in helping entrepreneurs grow their business through successor identification and training, institutional-level capital support, and flexible ownership arrangements.

Security Financial, based in Florida, is a wealth management firm that provides wealth management services to high-net-worth individuals and families. Security Financial has approximately $950 million in assets under management.

To read the press release: please click here.