Bluespring Wealth announced the acquisition of Synthesis Wealth Planning, a Kestra Financial-affiliated firm headquartered in Morristown, New Jersey. Fellow Kestra-affiliated firm IFG Wealth Strategies, which had previously been acquired by Synthesis, brings the combined practice to approximately $1.1 billion in overseen assets. The combined business expands Bluespring’s footprint with offices across New Jersey and Jupiter, Florida.
The transaction marks Bluespring’s fifth acquisition announcement of 2026 following a strong 2025 in which the company completed nine acquisitions representing more than $6 billion in assets under management.
Synthesis Wealth Planning was founded in 2018 by Alex Panas, Daniel C. Singer, and Eric K. Rosenberger after leaving a legacy planning firm to establish a planning-led wealth management practice focused on client outcomes. The firm is also joined by Kim Luthy, who was recently elevated to Partner. Through the merger with IFG Wealth Strategies, Synthesis also added Robert Iola and his planning practice serving clients throughout central New Jersey.
Since its founding, Synthesis has expanded from overseeing approximately $200 million in assets to roughly $1.1 billion today. The firm attributed its growth to organic expansion, a 2024 practice acquisition, the addition of experienced advisors aligned with its planning philosophy, and the merger with IFG. Synthesis provides integrated financial planning, portfolio management, and insurance services designed to help clients achieve financial clarity.
Under the partnership, the Synthesis team will gain access to Bluespring’s operational infrastructure, back-office support, shared best practices, and partner network. Bluespring said the arrangement is intended to support continued growth while allowing Synthesis to maintain its local leadership and service model.
Bluespring Wealth is a wealth management platform focused on acquiring and supporting independent wealth management firms. The company partners with advisory firms seeking operational resources, institutional capital support, and long-term succession and growth opportunities while maintaining their entrepreneurial culture and client focus.
KEY QUOTES:
“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. 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.”
Alex Panas, Managing Partner, Synthesis Wealth Planning
“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. 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.”
Pradeep Jayaraman, President, Bluespring Wealth
