Bluespring adds $1.1bn in assets with New Jersey-based Synthesis

Bluespring Wealth has agreed to get Synthesis Wealth Planning, a Kestra Financial-affiliated advisory steadfast based successful Morristown, New Jersey.

Financial presumption of the woody stay undisclosed.

Synthesis had earlier acquired different Kestra-affiliated business, IFG Wealth Strategies of Raritan, New Jersey. Including IFG, the combined signifier oversees astir $1.1bn successful assets.

The transaction extends Bluespring’s footprint successful New Jersey and Jupiter, Florida.

The acquisition is Bluespring’s 5th announced woody of 2026.

In 2025, the institution completed 9 acquisitions involving much than $6bn successful AUM.

Synthesis was acceptable up successful 2018 by managing partners Alex Panas, Daniel C. Singer and Eric K. Rosenberger aft they departed a bequest readying steadfast to found a planning-led advisory business.

Panas said: "We person been intentional successful our attack to growth. When we acceptable our semipermanent extremity of serving 1,000 perfect lawsuit relationships, it became wide that reaching it portion maintaining the level of work our clients expect would necessitate further infrastructure and a spouse that could assistance america standard done some integrated and inorganic growth.

"Bluespring gives america the scale, expertise, and nationalist web to bash that with confidence. Welcoming Robert and the IFG clients into our signifier is simply a reflection of uncovering the close partners who stock our values and complement what we've established.”

Since its launch, Synthesis’ assets person accrued from astir $200m to astir $1.1bn.

The firm’s services screen fiscal planning, portfolio absorption and insurance.

As portion of the deal, the enlarged Synthesis squad volition summation entree to Bluespring’s operations and back-office resources, shared moving methods and its web of spouse firms.

Synthesis volition clasp its section enactment arsenic good arsenic halfway work model.

Bluespring Wealth president Pradeep Jayaraman said: “Synthesis stands retired not lone for its committedness to client-first planning, but for the clarity and subject with which Alex, Daniel, and Eric person built their business.

“Going from $200 cardinal to $1.1 cardinal successful 8 years is simply a testament to however thoughtfully they've scaled arsenic a high-performing squad successful the premier of their career. We’re energized to assistance Synthesis proceed to turn what they've built truthful effectively.”

In February, Bluespring purchased SHP Financial, a steadfast based successful Massachusetts that manages astir $2.3bn successful assets for mass-affluent and high-net-worth clients.

"Bluespring adds $1.1bn successful assets with New Jersey-based Synthesis" was primitively created and published by Private Banker International, a GlobalData owned brand.