Bluespring Forms $1.4B Wealth Firm via Texas Merger

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Bluespring to Create $1.4B Firm

In a strategic move shaking up the independent wealth management sector, Bluespring Wealth Partners announced Tuesday it will acquire SilverStar Wealth Management—a Texas-based firm affiliated with Kestra Financial—and merge it into its existing platform, LifeBridge Financial Group, forming a new investment advisory entity with $1.4 billion in assets under management.

The deal, steered by Davis Wright Tremaine LLP, marks a bold step by Bluespring to solidify its position as a dominant force in middle-market wealth management. With both firms deeply embedded in the Kestra ecosystem, the merger promises scale, continuity, and a deepened client-first philosophy.

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“We’re pleased to support SilverStar and LifeBridge on their shared journey,” said Bluespring President Pradeep Jayaraman in a statement. “Both firms have been strong, successful partners within the Kestra ecosystem, and Bluespring is proud to further enable their combined success.”

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LifeBridge, based in Houston, and SilverStar, headquartered in Cypress, Texas, bring complementary strengths to the table. While LifeBridge primarily serves individuals and institutions, SilverStar caters to business owners and professionals—creating a blend of clientele and expertise that Bluespring believes will offer powerful cross-market synergies.