Sammons Financial Group Acquires Wealthcare Capital Management from NewSpring Holdings

Wealthcare Capital Management Acquires Eagle Financial Management Services

June 16, 2022

Financial Services

Wealthcare Capital Management LLC, a NewSpring Holdings platform company, has acquired Eagle Financial Management Services, a Shreveport-based RIA that advises on more than $120 million in AUM. The deal expands Wealthcare’s direct-advisory channel, growing its advisor team to more than 150 advisors and increasing combined AUM to $4.75 billion; the Eagle Financial team will remain engaged and will use Wealthcare’s GDX360 goals-based planning platform.

Wealthcare Acquires Sommers Financial Management

January 12, 2023

Wealth Management

Wealthcare Advisory Partners LLC, a NewSpring Holdings platform company and technology-enabled full-service RIA, has acquired Sommers Financial Management, a fee-only registered investment advisor founded in 2002. The deal expands Wealthcare's direct advisory footprint and adds advisors located in Scappoose, Oregon and Tucson, Arizona to its network of more than 150 advisors managing roughly $5 billion in AUM.

Wealthcare Acquires Fellows Financial Group

September 9, 2022

Financial Services

Wealthcare Capital Management LLC, a NewSpring Holdings platform company, acquired Fellows Financial Group, an independent financial advisory firm based in Leesburg, Virginia. The acquisition expands Wealthcare's presence in the direct advisory channel, adds employee advisors and clients, and provides a succession plan for Fellows Financial's founder while deepening operational alignment with Wealthcare's platform and technology.

Bluespring Wealth Partners Acquires CD Wealth Management

March 1, 2022

Financial Services

Bluespring Wealth Partners has acquired Dallas-based CD Wealth Management, whose advisors collectively manage over $850 million in client assets. The deal establishes a North Texas wealth-management hub to support expansion across Texas and the Southwest; CD Wealth will continue operating under its name and its founder and partners retain significant equity.

Bluespring Wealth Partners Acquires Security Financial Management

February 2, 2022

Wealth Management

Bluespring Wealth Partners, a subsidiary of Kestra Holdings, has acquired Security Financial Management, a 30+-year wealth management firm with more than $950 million in assets under management and offices in Florida and Minnesota. The deal brings Security Financial Management's team and advisory capacity onto Bluespring's platform to accelerate growth through mergers, talent recruitment and expanded client services, while enabling the founders to focus on client-facing activities.

Wealth Enhancement Group Acquires Asset Management Resources, LLC

December 19, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, has acquired Asset Management Resources, LLC, an independent RIA led by J. Christopher Boyd based in Hyannis, Massachusetts. The acquired team brings approximately $236 million in assets under management and will expand Wealth Enhancement Group's presence in Massachusetts to four offices.