MissionSquare Launches SDBAs, $3.8B RIA Joins CAPTRUST
MissionSquare Launches SDBAs
MissionSquare is expanding its Retirement Health Savings (RHS) Plan with the launch of a new self‑directed brokerage account (SDBA) offering.
“The launch of our Self‑Directed Brokerage Account marks an exciting milestone in the evolution of our Retirement Health Savings offering, giving participants greater choice, flexibility, and control to tailor their investment strategy to their unique needs and long‑term goals,” said Jeff Gibson, chief product strategy officer at MissionSquare. “As health care costs continue to rise, providing individuals with more robust investment options within their Retirement Health Savings plan is critical. Launching this brokerage feature reflects our commitment to delivering solutions that help strengthen the financial security of the customers we serve.”
MissionSquare’s RHS participants currently have access to several investments including actively managed funds, target‑risk funds, index funds, stable value, and target‑date funds.
“As an organization, we remain focused on providing more personalized and flexible solutions for individuals preparing for all aspects of their financial life,” added Gibson. “We look forward to building on this momentum as we expand our solution set with new tools, more innovative technology, and greater resources to help individuals prepare for a more secure financial future.”
$3.8B RIA Joins CAPTRUST
CAPTRUST Financial Advisors (CAPTRUST) announced Alpha Cubed Investments (ACI), based in Southern California, has joined the firm.
Founded in 2011, ACI specializes in comprehensive wealth management and financial planning for individuals and families. ACI is led by CEO and Chief Technical Analyst Todd Walsh and President Tony Jabczenski, supported by a team of 28 professionals, including 16 total advisors and oversees approximately $3.8 billion in assets.
“From our earliest conversations, it was clear that Alpha Cubed Investments shares our commitment to putting clients at the center of every decision,” said Mike Wunderli, managing director and head of mergers and acquisitions at CAPTRUST. “ACI brings a differentiated, organic growth strategy built around highly effective advisory teams. That model strengthens efficiency, scalability, and the overall client experience.”
“Joining CAPTRUST marks an exciting next chapter for ACI,” said Todd Walsh. “For years, our team has been driven by a commitment to thoughtful guidance and meaningful client relationships. We are energized by the opportunity to evolve with a firm that shares our philosophy and to continue delivering the thoughtful, high‑quality advice our clients rely on and expect.”
Expanding CAPTRUST’s presence in Southern California, ACI is headquartered in Orange County, California, with an additional office in Scottsdale, Arizona. ACI joined CAPTRUST in January 2026 and will adopt the CAPTRUST brand. Gorman Jones served as ACI’s advisor in the transaction.
Colorado Wealth Group Joins Savvy Advisors
Savvy Advisors Inc., a federally registered investment advisor (RIA) affiliated with Savvy Wealth, Inc. (Savvy), today announces the addition of Colorado Wealth Group (CWG), a Denver-based wealth management firm with approximately $300 million in client assets under management (AUM).
CWG traces its origins to Northwestern Mutual, where founders Steven Harp, CFP, ChFC, AIF, CLU, CLTC, and Jacob Ray, AWMA, AIF, worked together before launching their own practice in 2016. CWG went fully independent in 2020 and has since grown to serve approximately 350 high-net-worth clients. CWG offers fee-based multigenerational wealth management; investment management; and financial, retirement, estate and insurance planning, along with in-house tax preparation and planning.
“We founded CWG to offer clients a more personalized wealth management experience,” said Steven Harp, founder and CEO of Colorado Wealth Group. “As we set our sights on what was next for our business, we knew we needed a true back-office engine to support that commitment. Savvy gives us the infrastructure, investment resources and marketing expertise to focus on what we do best: understanding our clients’ financial objectives and providing solutions that meet their needs.”
By partnering with Savvy, Harp; Ray; Adrian Geiser, CFP, CTFA; Bruce Larson, CEP, NSSA, EA; and the rest of CWG’s eight-person team maintains ownership of their book of business, while gaining access to Savvy’s infrastructure, AI-enabled tools, dedicated operational support and portfolio management expertise. Together, these resources will allow the team to reclaim more time, streamline processes and better serve clients.
Bluespring Wealth Partners Acquires SHP
Bluespring Wealth Partners is acquiring financial planning firm SHP Financial (SHP).
Financial professionals with SHP provide fiduciary based advice and currently oversee approximately $2.3 billion in total assets.
Located in Plymouth, Massachusetts, SHP was founded in 2003 by Derek L. Gregoire, Matthew C. Peck, and Keith W. Ellis Jr., who began their careers together in the insurance industry.
Today, the firm’s platform is supported by around 50 team members, including seven producing advisors and 18 additional financial services professionals. The team is located across three offices: Plymouth, Woburn, and Hyannis, Massachusetts.
“We are deeply protective of the culture we’ve built over the last two decades and were intentional about choosing a partner we felt could help us fuel SHP’s next stage of growth while helping us remain true to our goals,” said Matthew Peck, CFP, CIMA, co-founder and partner at SHP Financial. “And we found that partner in Bluespring. We believe Bluespring can provide the resources and support needed to grow and invest in our team, while preserving the client experience that defines SHP.”
“SHP is a team that has already built meaningful scale and is still hungry to grow,” said Pradeep Jayaraman, president at Bluespring Wealth Partners. “That’s what makes this an acceleration story, as opposed to a transition story. SHP’s founders are seasoned leaders in the prime of their careers, still deeply engaged in their business, with decades of success yet ahead. Bluespring is designed for firms just like this: teams on a strong growth trajectory, energized about securing their clients’ financial legacies, and looking for opportunities to expand their impact.”
This acquisition marks a strong start for 2026 for Bluespring, following acquisitions totaling more than $6 billion in assets under management in 2025. Turkey Hill Management served as financial advisor to SHP Financial in connection with this transaction.
Vanguard Elects Executives to Board of Directors
Vanguard announced the election of David Hunt and Ken Jacobs to its board of directors and to the board of trustees for each of the Vanguard funds effective February 24, 2026.
Hunt is a global investment executive with more than 35 years of experience across financial services and strategy consulting. He most recently served as president and chief executive officer of PGIM, where he led the firm’s global investment management business serving clients across public and private markets for 13 years. He has experience in multi‑asset investment management, organizational leadership, and regulatory engagement, informed by extensive experience operating across major global regions.
Jacobs is senior chairman to the Board of Lazard Inc. and previously served as the firm’s chairman and chief executive officer for 14 years. With nearly four decades in global financial services, he brings broad expertise in corporate strategy, international market development, risk and regulatory matters, and technology-driven business transformation.
“We are pleased to welcome David and Ken to the board. Their long track records of disciplined leadership, thoughtful governance, and global perspective within the financial services industry will meaningfully enhance the board’s capabilities,” said Mark Loughridge, Vanguard Chair. “Their insights will help steer Vanguard’s mission and strengthen our commitment to protecting the long‑term interests of our more than 50 million investors.”