Bluespring Wealth Partners Acquires $364M Dallas-Based Firm

Bluespring acquires Kestra ecosystem firm Halcyon Wealth Advisors and executes merger with existing firm, LifeBridge Financial Group, further strengthening its resources and network of financial professionals

AUSTIN, Texas--(BUSINESS WIRE)--Bluespring Wealth Partners (Bluespring), a leading acquirer of independent RIAs and hybrid wealth management firms, today announced the acquisition of Halcyon Wealth Advisors (Halcyon), a firm affiliated with Kestra Financial whose financial professionals oversee $364 million in assets under management. This acquisition is part of a broader consolidation strategy and includes the merger of Halcyon into existing Bluespring firm LifeBridge Financial Group (LifeBridge). This comes on the heels of a previous merger between LifeBridge and SilverStar Wealth Management (SilverStar).

With these recent mergers, LifeBridge expands its presence into the Dallas-Fort Worth (DFW) metropolitan area, now proudly serving clients across Texas with offices in Waco, Houston, Irving, and Cypress.

Headquartered in Houston, LifeBridge is led by Managing Director Michael Rudelson and Lead Financial Advisors Selena Krampota and Grayson Palmer. The team is known for offering client-centric services to individuals and institutions. Halcyon is located in Irving, Texas, and is a relationship-based organization providing comprehensive wealth management and retirement income planning. The Halcyon team is led by Owner and Financial Planner Lynn Clark, along with Carolyn Mora, Director of Retirement Plan Services and Director of Private Wealth Management.

“This merger represents a powerful alignment of values and vision,” said Clark. “Our clients remain at the heart of everything we do, and this partnership only strengthens that commitment. By joining forces with LifeBridge, we’re expanding our ability to deliver deeply personalized financial guidance while gaining access to broader resources and expertise.”

All three firms – LifeBridge, Halcyon, and SilverStar – share a commitment to providing client-first service and nurturing long-term relationships. Through their collective partnerships, the merged firms have expanded their footprint and strengthened their teams with a wider network of advisors and specialists; all while maintaining personalized, local service.

“Our commitment to continuous improvement enables LifeBridge Financial Group to draw from the best practices of our new partners, elevating the way we invest, plan, and guide our clients,” said Michael Rudelson, Managing Director at LifeBridge. “We’re excited about this next chapter and grateful for the continued trust of our clients.”

“We’re proud to support the continued growth of our partner firms through strategic mergers like this one. LifeBridge, Halcyon, and SilverStar each bring unique strengths to the table, and together, they form a dynamic hub of financial excellence in Texas,” said Pradeep Jayaraman, President of Bluespring Wealth Partners. “This is a testament to the power of collaboration within the Bluespring network."

About Bluespring Wealth Partners, LLC

Through a highly customized and people-centric approach, Bluespring is dedicated to the acquisition and support of quality wealth management firms. In partnering with experienced wealth advisors and their teams, Bluespring looks to perpetuate and enhance the value that they bring their clients, providing continuity and new opportunities in the process. Bluespring was established with the express purpose of helping entrepreneurs take their business to the next level of growth through successor training and incentivization, consulting and operational resources, flexible ownership arrangements, and institutional capital support. By focusing on partnership as the driver of success, Bluespring empowers wealth management firm owners to elevate their business without sacrificing their entrepreneurial spirit, founding principles, and long-term vision.

Securities offered through Kestra Investment Services, LLC, member FINRA/SIPC (Kestra IS). Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS). SilverStar Wealth Management, LifeBridge Financial Group, Bluespring Wealth Partners, LLC, Kestra IS and Kestra AS are affiliated through common ownership by Kestra Holdings. Investor Disclosures: www.kestrafinancial.com/disclosures