Bluespring Wealth Partners – a leading acquirer of independent RIAs and hybrid wealth management firms – announced the acquisition of the existing Kestra Financial firm SilverStar Wealth Management, along with its subsequent merger into the existing Bluespring firm LifeBridge Financial Group. As combined teams, investment advisor professionals from SilverStar and LifeBridge will now oversee $1.4 billion in assets under management (AUM).
What LifeBridge does: LifeBridge is a premier Houston-based wealth management firm with Managing Director Michael Rudelson and Lead Financial Advisors Selena Krampota and Grayson Palmer at the helm. The team is also recognized for providing client-centric services to individuals and institutions.
Based in Cypress, Texas, and led by President and Lead Principal Tim Hudson, SilverStar is an advanced wealth management firm specializing in the needs of business owners, professionals, and individuals dedicated to achieving financial success. These two teams share aligned values and a commitment to providing tailored wealth management solutions for their clients. Both firms will continue to manage their respective teams and look forward to working together to strengthen their collective operations.
The firms believe clients of the combined SilverStar and LifeBridge will benefit from added depth and resources, including expanded wealth management capabilities, greater service accessibility, and enhanced continuity of care, which are supported by the strength and scale of Bluespring Wealth Partners and Kestra Financial.
Merger benefits: This merger will provide the opportunity to expand both firms’ growth goals and ensure that planning and care for clients can continue seamlessly without disruption, while providing more support and resources to serve their clients best overall.
KEY QUOTES:
“We are excited about our future with LifeBridge and the expanded opportunities it will open up for our clients. This merger simply enhances our ability to remain fully dedicated to our mission – helping our clients grow, protect, and distribute their wealth with purpose.”
Tim Hudson, President and Lead Principal of SilverStar
“SilverStar’s dedication to empowering clients to live purposeful, fulfilling lives makes them an ideal partner for us. We look forward to welcoming the team and continuing to uphold our shared vision of client-first, purpose-driven wealth management.”
Michael Rudelson, Managing Director at LifeBridge
“We’re pleased to support SilverStar and LifeBridge on their shared journey. Both firms have been strong, successful partners within the Kestra ecosystem, and Bluespring is proud to further enable their combined success.”
Pradeep Jayaraman, President of Bluespring Wealth Partners
