Bluespring Wealth Acquires $1.1 Billion Synthesis Wealth Planning

The Combined practice expands Bluespring’s national footprint with offices in New Jersey and Florida

AUSTIN, Texas--(BUSINESS WIRE)--Bluespring Wealth (“Bluespring”), a leading acquirer of independent RIAs and hybrid wealth management firms, today announced the acquisition of Kestra Financial-affiliated firm Synthesis Wealth Planning ("Synthesis"), headquartered in Morristown, New Jersey. Fellow Kestra-affiliated firm IFG Wealth Strategies (“IFG”) of Raritan, New Jersey, previously acquired by Synthesis, brings the combined practice to approximately $1.1 billion in overseen assets. This significantly expands the Bluespring community's presence with offices across New Jersey and Jupiter, Florida. The deal marks Bluespring's fifth announcement of 2026, building on a strong 2025 in which the company completed nine acquisitions representing more than $6 billion in AUM.

Synthesis was founded in 2018 by Managing Partners Alex Panas, CFP®, AIF®; Daniel C. Singer, CFP®, ADPA®; and Eric K. Rosenberger, CFP®, CFS®, after the trio left a legacy planning firm to build a full-service, planning-led practice centered on client outcomes. Synthesis is joined by Director of Wealth Planning, Kim Luthy, CFP®, CDFA®, CFS®, CLTC, who was recently elevated to Partner. Through the IFG merger, Synthesis also welcomes Robert Iola, CLU, ChFC, who built IFG into a respected planning practice serving clients across central New Jersey. Both firms share a planning-first philosophy and a history on the Kestra platform, making the combination a natural fit.

Synthesis has grown from overseeing approximately $200 million in assets at its founding to roughly $1.1 billion today. This demonstrates a more than fivefold increase driven by deliberate organic growth, a 2024 practice acquisition, the addition of seasoned advisors aligned with the firm's planning philosophy, and the merger of IFG. Synthesis delivers an integrated model spanning financial planning, portfolio management, and insurance, all designed to help clients achieve financial clarity and the confidence to enjoy their lives.

"We have been intentional in our approach to growth. When we set our long-term goal of serving 1,000 ideal client relationships, it became clear that reaching it while maintaining the level of service our clients expect would require additional infrastructure and a partner that could help us scale through both organic and inorganic growth," said Alex Panas, Managing Partner, Synthesis Wealth Planning. "Bluespring gives us the scale, expertise, and national network to do that with confidence. Welcoming Robert and the IFG clients into our practice is a reflection of finding the right partners who share our values and complement what we've established.”

Through the partnership, the expanded Synthesis team will gain access to Bluespring's broader ecosystem, including operational and back-office support, shared best practices, and a network of partner firms. The arrangement is designed to free the team to focus more fully on clients and to accelerate future growth while preserving Synthesis's local leadership and core service model.

“Synthesis stands out not only for its commitment to client-first planning, but for the clarity and discipline with which Alex, Daniel, and Eric have built their business,” said Pradeep Jayaraman, President of Bluespring Wealth. “Going from $200 million to $1.1 billion in eight years is a testament to how thoughtfully they've scaled as a high-performing team in the prime of their career. We’re energized to help Synthesis continue to grow what they've built so effectively.”

About Bluespring Wealth

Bluespring is a premier wealth management platform for advisors and their clients, dedicated to the acquisition and support of quality wealth management firms. It is building a growing community of entrepreneurially-minded firms uniquely focused on their clients’ interests and preserving their legacy, through continued opportunities for growth and investment in next generation talent. 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 firm owners take their business to the next level of growth through next generation training and incentivization, consulting and operational resources, 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, client focus, 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). Bluespring Wealth, Kestra IS and Kestra AS are affiliated through common ownership by Kestra Holdings.