Bluespring Wealth Partners announced its acquisition of Halcyon Wealth Advisors, a firm affiliated with Kestra Financial whose financial professionals oversee $364 million in assets under management (AUM).
According to Bluespring, the acquisition is part of a broader consolidation strategy and includes the merger of Halcyon into existing Bluespring firm LifeBridge Financial Group. This comes on the heels of a previous merger between LifeBridge and SilverStar Wealth Management (SilverStar).
“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.
With these recent mergers, LifeBridge expands its presence into the Dallas-Fort Worth metropolitan area, now serving clients across Texas with offices in Waco, Houston, Irving, and Cypress.
“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.”
Headquartered in Houston, LifeBridge is led by Managing Director Michael Rudelson and Lead Financial Advisors Selena Krampota and Grayson Palmer. 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.”